The holiday season comes with a litany of time-honored, tinsel-tinted activities.
From Its A Wonderful Life to A Christmas Carol, most of us know the lines and the messages.
But, did you know that you could alsolearn money lessonsfrom holiday movies?
Sure, the heartwarming moments that leave you feeling warm and fuzzy inside will still be the focus.
Its been a staple of Christmas movies, and may in fact be consideredtheChristmas movie, since 1946.
But lets turn to the plot and consider what started George Baileys crisis of faith.
From there, George panics until the town comes together to help him out.
However, George really should have planned better, given his history.
That often meant spending to the hilt and dipping into his life savings.
Thats where anemergency fundcould have saved him.
While Georges heart was always in the right place, those circumstances always managed to catch him off guard.
Emergency funds dont have to be as large as you may think.
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Scrooge could probably make an excellent article about how to save money.
But Scrooge is probably sitting on a huge missed opportunity, andthat is in investment.
Investing may always have a risk if your investment doesnt pay out.
However, there are many strategies to hedging your bets, frominvesting in propertyto diversifying your portfolio.
Did you know?
This 1954 classic has a star-studded cast, including Bing Crosby and Danny Kaye.
The general, neither a stupid nor a desperate man, runs the inn as a pretty tight ship.
However, with the right amount of passion, determination and flexibility, your small business can overcome challenges.
Just dont expect Bing Crosby to come to the rescue with a show-stopping musical number to draw in customers.
Its what helpsUberandDoorDashdrivers keep up their five star ratings and small businesses become local community institutions.
It follows the Griswold family trying to capture a picture-perfect Christmas while literally everything goes wrong around them.
This lesson can be boiled down to the old adage: Dont count your chickens before they hatch.
Its an entirely unknown variable.
Budgeting is an important skill to develop, and there arelots of ways to budget your finances successfully.
Remember to build up to big purchases slowly and not rely on money you dont have yet.
But the Holidays are always a challenging time, especially on a budget.
There are still plenty of ways to save money, such asmaking your own Christmas decorations.
Or, ways to earn money, such as running a business putting up Christmas lights.
He has also self-published a handful of novels.
(Can you sense my millennial sarcasm there?)
You know which ones were talking about: rent, utilities, cell phone bill, insurance, groceries…
