What TV Shows Can Teach You About Budgeting Decisions

article image

What TV Shows Can Teach You About Budgeting Decisions

Table of Contents

Like most students and young earners out there, I understand the importance of personal finance but I haven’t had the opportunity to get an educated understanding of it. And like the rest of our lot, I picked up financial advice straight from my trusted sources - TV Shows

Like The Squid Game to not get a bit too greedy and “not put my eggs in one basket” when it comes to investments, The Rose’s, The Lannisters, all my F.R.I.E.N.D.S and two broke girls living in New York taught me more about money. Be it loans, taxes, or debts, I’ve got to thank Netflix and HBO for teaching me what entire education systems couldn’t. So, let’s have a look at the five times TV shows taught us better finance than school -


Dealing with not-so-broke F.R.I.E.N.D.S

image.png

While there’s so much to choose from, my favourite will always be the episode where Joey, Rachel, and Phoebe are broke and have to keep going out because their friends keep making plans. On top of this, they end up ordering cheaper things only for their friends to split the bill equally! Well, they finally express their issues and things quickly get resolved, teaching us an invaluable lesson – being honest about your financial situation can save you lots of money and sanity!


Paying it back like the Lannisters  

Yes, you guessed it right. “A Lannister always pays his debts” was surely an iconic line coming out of both Tywin and Tyrion Lannister’s mouths but is now used as a personal mantra. Be it a drinks tab with a friend or a loan taken for that Master’s degree - always pay your debts on time. It would be a good idea to open a bank account online, and set up some auto-debits for your loan repayments.


Not Breaking Bad like Walter

One quick transition and Walter made eight million in a year, and had enough for his treatment, his family, and his newfound business. And while he had more than enough to keep going, and knew the risks of his new side gig - Walter didn’t stop. Much of the trouble he later encounters could have been avoided if only Walter knew when to not give into the greed of money and power. And as much as you enjoy his character arc - don’t be a Walter. Be it your (legal) side hustle or that day job, know when to stop.


Saving up like 2 Broke Girls

I wish I had taken notes while watching this show.

image.png


The show teaches us the art of saving. The first lesson - budget it all. Be it your monthly grocery expense, or that gym membership, budget all of it. See what you really need to spend on and only then go ahead. Pro tip - It takes barely five minutes to create a digital savings account to spend from, instead of from a credit card that’s easy to lose track of. Lesson two - visualise. What are you saving for? How will it change your life? And my favourite lesson of them all - thrift, thrif, thrift!

Why give into expensive clothes and accessories when you can get your hands on some really good thrifted pieces? Plus, it’s great for the environment!


Surviving Schitt’s Creek. Just not the Rose way

The financial advice here is usually seen in what the characters are NOT supposed to do.

image.png


Let’s look at Moira - she was NOT supposed to buy that expensive red carpet gown knowing very well the family is on a budget crunch. And pre-Patrick David - he was NOT supposed to buy things for himself and call them a write-off, just because he thought he was the face of Blouse Barn.

That said, the Rose family taught us how to save small and think big. Be it David’s store or the Rosebud Motel Group, taking risks only helped the Rose family. Plus, if you want to access your small savings instantly, get out there and create a digital bank account. The Roses may not have been able to do it, but you can.

Well, that’s it for this list. I’d also like to give an honorable mention (again) to the Squid Game for letting me know how scary debts and loan sharks can get. If you too take financial advice from fictional characters, it’s time you opened that Pandora’s box for the rest of us to peek in! Remember, there’s nothing wrong in looking up to a show or two for financial advice, as long as you do your research.

Related Posts
Get the Fi app