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5 Financial Lessons We Learned From Our Favorite TV Shows

Arrested Development: saving money the safe way

Arrested Development: saving money the safe way

There is one lesson everybody who watched this TV show must have learned: when saving money, better put it in a safe place than risking to lose it all. For instance, you could find as reliable savings, accounts that will not only keep your money safe but also enable you to increase your savings.

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5 Financial Lessons We Learned From Our Favorite TV Shows

5 Financial Lessons We Learned From Our Favorite TV Shows

https://www.moneyunder30.com/lessons-we-learned-from-our-favorite-tv-shows

moneyunder30.com

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Arrested Development: saving money the safe way

There is one lesson everybody who watched this TV show must have learned: when saving money, better put it in a safe place than risking to lose it all. For instance, you could find as reliable savings, accounts that will not only keep your money safe but also enable you to increase your savings.

Schitt's Creek: write-offs

This interesting TV show made us realize that, unlike what some of us might think, write-offs have the role of lowering the amount of income that one is to be taxed on rather than returning the money one spent.

The Office: have a side hustle

This funny TV show provided us with some valuable lessons, among which the idea of a side hustle. Having a side hustle will not only enable you to earn some extra income, but it will also offer you the possibility to change your mind from the everyday stressful life.

Parks and Recreation: keep your records

We can all agree on the following two lessons that this TV show has provided us with: keeping your records comes in handy whenever you are to be audited or when you consider buying a house and investing in gold sounds safe as long as you are looking to make a valuable investment rather than search for ways to make some additional money.

Game of Thrones: pay your debts

As expected, the amazing GOT provided us with at least one valuable lesson: paying your debts is essential in order to live a prosperous life. One way to do so is by using the so-called 'balance transfer cards' such as Chase Freedom Card or Discover It Balance Transfer, which do not even request an annual fee.

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  • When you want to make healthier purchases: Customers who pay with cash are less likely to make impulsive purchases.
  • When you want to have a better relationship with the things you buy: When you pay with cash, you may feel a deeper sense of connection and pride in the item you purchased.
  • When you want to make a small purchase at a small store: Every dollar you spend at a small store, they're losing two cents automatically - a cost that could eat up into their already small profits.
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When facing money issues, you might find that a good solution is making a plan. 

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In 1932, the stock market fell by 89%. It was an economic disaster where almost a quarter of Americans were out of work. However, the 1930s was also the most productive and technologically progressive decade in history. Economist Alex Field writes that in 1941, the U.S. economy produced almost 40 percent more output than it had in 1929, with little increase in labor hours or private-sector capital input.

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