This post is the most fun (literally cried laughing) I’ve had writing an article. It combines two of my passions, educating folks on finances and HOME ALONE. We all know Kevin McCallister as the resourceful young home protector. The fact is, his troubles with the Wet/Sticky Bandits can also teach us a few valuable financial lessons. Here it goes…
ALWAYS HAVE A PLAN
Whether it is safeguarding your parents’ suburban home or planning out your financial future, you should always have a plan. Most people wouldn’t even go on vacation without planning out a list of what to take but 34% of Americans have done nothing to plan for their financial futures.
DON’T BE AFRAID
It’s not easy to take control of the household finances. If you have any fears about finances, you’re not alone. It’s completely normal! Your best bet is to just face your fears as early as possible, like Kevin…
Well, at least he tried!
MAKE SURE YOU HAVE HEALTH INSURANCE
Seems simple, right? But over 10% of Americans are without any health insurance! You never know when an unexpected injury or illness can occur, so it is important to be covered. Healthcare.gov open enrollment for next year ends January 31, 2017. If you aren’t covered by an employer plan, it’s not too late to get covered. After all, you never know when you might get hit in the head….with a brick.
I mean things happen, right? You may even get electrocuted, or worse, catch on fire!
BE MINDFUL OF SPENDING
One of the very basics of financial planning is to spend less money than you make. Credit cards can be a very useful resource at times, but many let their spending get out of control. The average household in the U.S. has over $15,000 in credit card debt. It’s always best to establish a budget and to be mindful of your spending. Don’t be like Kevin, who decided to ball out on his dad’s dime…
LOOK FOR GOOD DEALS
I don’t know about you, but I’m all about Groupon and other daily deal sites. There is nothing wrong with using coupons, Groupons, or any other ‘ons to save money.
Kevin was 8 years old and he knew to use a coupon…
GET SOME HELP
We all like to try things out ourselves, first. But life happens and things start gaining priority over our finances. It is important not to neglect your financial planning. Hire a professional.
Everyone needs a little help along the way.
I hope you enjoyed this as much as I enjoyed writing it. I always laugh watching that menacing kid take down Marv and Harry. Who knew he was also teaching us some valuable financial lessons?
Thanks for reading,
The South Bend Shovel Slayer
[ctt template=”4″ link=”OT2fL” via=”no” ]6 financial lessons from… Harry and Marv? http://wp.me/p7LALa-2M #personalfinance #homealone [/ctt]