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Money Lessons From Disney Movies

10 Subtle (But Important!) Money Lessons From Disney Movies

By Michelle From Savings & Sangria  -- Happy Money Management

So I was watching Disney’s Up (for maybe the millionth time). And I died a little bit inside every time Carl and Ellie had to spend their Paradise Falls savings to cover a run-of-the-mill little emergency. And I thought that’s the perfect illustration for why you need an emergency fund separate from your dream fund. So I wrote a post about it.

But that got me thinking about all the subtle money lessons hidden in Disney movies. And I think I found some good ones! So let’s jump right in! Here are the top 10 subtle (but totally important) money lessons from Disney movies.

Starting with that emergency fund from Up…

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1. Have An Emergency Fund   (Up)

Don't end up like Carl and Ellie! Keep your emergency savings separate from your dream savings so you can handle emergencies and achieve your dreams. Money lessons from Disney MoviesDisney/Pixar’s Up

Oh, the most heartbreaking of all the Disney/Pixar movies. Carl and Ellie are saving their pennies for the adventure of a lifetime: a trip to Paradise Falls. But every time their savings starts to grow into anything substantial, life happens. They need new tires, Carl breaks his leg, they need to repair the roof after a storm.

Life will throw emergencies at you without warning. And if you don’t keep an emergency fund separate from your dream fund, you’ll never save enough money to make your dreams come true.

2. Take Advantage Of Supply And Demand   (Frozen)

Understanding the supply and demand lesson from Frozen can help you make and save more money.

Yoo hoo!

Kristoff learns a little lesson in supply and demand when he tries to buy low-supply, high-demand winter gear in the middle of a snowstorm. The shop owner, Oaken, explains that the price of the winter stock jumped from $10 to $40 because “supply and demand have a big problem”. Of course Kristoff can appreciate the situation because he’s the one trying to sell ice when Arendelle is literally full of it. It’s the oldest lesson in economics. When supply is low and demand is high, the price skyrockets.

Here are a few practical ways to take advantage of supply and demand in the real world:

Build skills in in-demand fields. That will offer some level of income security. And you may be able to earn more money if you can do something few others can.


To continue reading, please go to the original article here:

https://www.savingsandsangria.com/10-subtle-but-important-money-lessons-from-disney-movies/

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