Lights, Camera, Personal Finance! 5 Movies That Teach You About Money Management
Lights, camera, action! While movies are typically associated with entertainment and escapism, some films delve into the nitty-gritty of personal finance in a relatable and engaging way. Through the stories of relatable characters, these movies teach valuable lessons about money management. As we embark on a journey to watch five of these movies, let’s see what lessons we can learn from them.
The Pursuit of Happyness
Based on a true story, The Pursuit of Happyness is a rags-to-riches tale that teaches us about resilience, determination, and hard work. Set in the early ’80s, the film follows the journey of Chris Gardner, a struggling salesman who becomes homeless along with his son. Despite the challenges, Chris refuses to give up and works tirelessly to secure a job as a stockbroker at a top firm.
Through Chris’s example, we learn the importance of taking risks, being persistent, and persevering in the face of hardships.
The Big Short
The Big Short is a biographical drama that details the events leading up to the 2008 financial crisis. The movie follows the stories of a group of investors who foresee the impending collapse of the housing market and decide to bet against it.
Through the film, we learn about the dangers of greed, misinformation, and complacency. The Big Short highlights the importance of being vigilant and questioning the status quo, especially when it comes to personal finance.
The Wolf of Wall Street
Based on the real-life story of Jordan Belfort, The Wolf of Wall Street is a cautionary tale about the perils of unchecked ambition and excess. It follows the rise and fall of a young stockbroker who becomes involved in illegal activities and securities fraud.
Through Jordan’s story, we learn about the importance of ethical decision-making, avoiding shortcuts, and the consequences of greed.
Jerry Maguire
Jerry Maguire is a romantic comedy-drama that explores themes of loyalty, love, and honesty. The film follows the story of Jerry Maguire, a sports agent who has a moral epiphany and decides to start his own firm, which aims to treat clients with more care and attention.
Through Jerry’s journey, we learn about the importance of prioritizing quality over quantity, building strong relationships with clients, and the value of honesty and integrity in the world of finance.
The Secret Life of Walter Mitty
The Secret Life of Walter Mitty is a whimsical adventure film that explores the theme of self-discovery. The movie follows the story of Walter Mitty, a daydreamer who works as a negative assets manager at Life magazine.
Through Walter’s story, we learn about the importance of taking risks, pursuing our passions, and thinking outside the box when it comes to career and finance.
Conclusion
Movies are an accessible and enjoyable way to learn about personal finance. By following the stories of relatable characters and their experiences, we can gain valuable insights into money management, ethical decision-making, and risk-taking.
So, grab some popcorn, sit back, and enjoy these five films that offer valuable lessons in personal finance.
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