Watching a movie for the sole point of entertaining yourself is fun, however, watch them again and you may take in some money lessons from them. Look at the list with 5 must-see films that will show you valuable money lessons!
1. “The Pursuit of Happyness”
Chris Gardner (Will Smith) spends practically all of his money to purchase portable bone scanners, which he thought would make him rich. Following Gardner’s fizzled investment, his better half leaves him and he ends up fighting for himself and his young son with by nothing.
Lesson learned: Be careful when investing and always have an emergency fund. Be that as it may, it also shows that you shouldn’t give up when things get bad. With hard work and dedication, you will almost certainly turn out to be financially healthy once again.
2. “Wolf of Wall Street”
This film spins to a great extent around the life of Wall Street broker Jordan Belfort (Leonardo DiCaprio) who throws crazy parties and obviously, earn huge amount of quick money. However, his life soon takes a major downturn because of him cheating wealthy investors of millions.
Lesson learned: Fast accumulation of wealth does not generally end well, especially whenever increased through deceitful means.
3. “The Great Gatsby”
Jay Gatsby leads a lavish way of life in the wake of acquiring his wealth through questionable means. Indeed, even accumulating his wealth, Gatsby still fails to win the love of Daisy. What’s more, despite the fact that he hosted a number of legendary parties, his one sole companion struggled to find people to attend his funeral following his untimely passing.
Lesson learned: Money can’t get you love or companionship. It may appear as though it does, but it won’t get you real companions or real love.
4. “Confessions of a Shopaholic”
Rebecca (Becky) Bloomwood struggles with her shopping habits while (ironically) acting as a finance journalist. She at that point winds up with $USD16, 000 debt because of her heedless spending.
Lesson learned: Be sure you confront your financial debts at an early stage instead of ignoring them, as it might land you in bigger financial chaos.
5. “The Social Network”
The 2010 film “The Social Network” suggests that Mark Zuckerberg, the founder of Facebook, may have stolen the idea of Facebook from two siblings (the Winklevoss twins) who hired him to build a social network like Facebook. As portrayed by the film, Zuckerberg (Jesse Eisenberg) and the Winklevoss twins did not have a formal business contract that plainly indicated any terms with respect to protected intellectual property ownership and non-competition. As a result, the Winklevosses and Zuckerberg battle it out in a series publicly humiliating lawsuits that eventually end in a costly settlement in the favor of the Winklevoss twins.
Lesson learned: When setting up your own company, take the time and opportunity to find out about the legal side of running it. Make sure to safeguard your business with the right legal contracts and documentation.