Financial Lessons from Classic Christmas Movies

As you flip through television stations this time of year you’re bound to come across a classic Christmas movie. And what better way to remember those movies than to highlight the ones that teach us how to manage money, or do they? You be the judge of that by reviewing these seven movies and their money managing story lines.

Elf the movie with Will Ferrell1. Elf

Buddy the Elf is the best. Why? Because he’s always so positive. In a mission to find his dad, Buddy shares his passion for Santa and the North Pole with a bunch of crusty, curmudgeonish New Yorkers. If you can keep the positive spirit of Buddy the Elf while getting out of debt, you’ll go far in life.

 

 

 

 

 

2. It’s a Wonderful Life

We won’t get into the fact that George Bailey runs a “savings and loan” bank. Loans are bad, George! But we do love how the community surrounds George Bailey and his family during their time of need. When you’re struggling with money and trying to get out of debt, you’ll go a lot further with a support system around you. Whether it’s a good friend, your spouse or a mentor, you need someone to talk to during the ups and the downs.

3. Christmas Vacation

We’ve all got those family members who—let’s just be honest—annoy the crap out of us. And, during the Christmas season, they tend to come out of the woodwork. For instance, Cousin Eddie from Christmas Vacation. Even though Clark wasn’t a big fan, he still reached out in his own unique way to his homeless relatives.

 

Home Alone

4. Home Alone Kevin

McCallister’s parents accidentally leave him behind while going on trip to Paris. If Home Alone were a financial allegory, little Kevin would be the budget and his parents would be like a large majority of people who are in debt to their eyeballs. Don’t forget the budget! And don’t forget your 8-year-old when you go on vacation!

 

5. Miracle on 34th Street

When Kris Kringle claims to be the real Santa Claus, not just a department store poser, few people believe him. He’s called delusional, and his boss fires him. In other words, Kris Kringle gets treated like a lot of people when they tell their friends they’re selling their nice car to get out of debt: “What? Are you crazy!”

6. A Christmas Story

The Red Ryder BB gun. Oh, how much joy dreaming of owning that gun brought Ralphie. You might even say Ralphie obsessed over that little gun. He was just a kid, of course. But even though we’re supposedly “mature” adults, don’t we obsess over stuff as much as Ralphie did over that gun? Yeah, you probably shouldn’t answer that question.

 

A Christmas Carol

7. A Christmas Carol

“A Christmas Carol”was a novel first, but many of us are more familiar with the various film adaptations. Charles Dickens’ story about the bitter Ebenezer Scrooge—a wealthy, greedy man who has a complete change of heart and begins reaching out to the poor—is a classic story of redemption. We can learn a lot from ol’ Ebenezer, especially during the Christmas season.

 

 

 

 

We could highlight several more Classic Christmas movies, but we want to hear your favorite Christmas movie that involves money, scandals, fraud or financial problems. Please share the title below or on our Facebook page and include if you learned a lesson from that particular classic movie.

Original article courtesy of Desert News.

 

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