Tag: money lessons


2 Money lessons from holiday movies

By Kim Galeta
December 22, 2019

Last year, you may have enjoyed our round-up of top financial takeaways from holiday classics. So, we decided to put together a 2019 edition! 

These holiday classic movies touch on the importance of having a dedicated bank account for emergencies to working on your money mindset – and more. 

Keep reading to learn 2 top money lessons from your favorite holiday movies. 

It’s a Wonderful Life

Money Lesson: Build an emergency fund. 


It was hard to choose just one money lesson from this classic film, but this is a pretty good one.

While George Bailey had a reputation for being thrifty, having a rainy day fund for his personal finances (and business for that matter) would have likely prevented his financial demise. 

The good news is that with a bit of planning, it’s entirely possible for you to start, grow and maintain an emergency fund that will provide a financial cushion whenever life throws something unexpected your way.

National Lampoon’s Christmas Vacation

Money Lesson: Don’t spend what you don’t have.


In the movie, Clark Griswold makes big plans for his holiday bonus. Yet, he doesn’t realize that it won’t be in the form of cash but rather a “Jelly of the Month” membership. Even though Cousin Eddie remarks that this is the “gift that will keep on giving,” Clark is understandably crushed. 

The biggest takeaway here is that you should never count your chickens before they hatch. In essence, avoid making major purchases (like Clark’s downpayment on a swimming pool) until the check clears.

Final Thoughts

As you snuggle up to enjoy your favorite holiday movies this season, remember there are hidden money lessons to be found if you just take the time to look. Happy Holidays from the Chime family!


3 Money Lessons from Holiday Songs

By Kim Galeta
December 21, 2019

Did you know that many of your favorite holiday songs have hidden financial messages in the lyrics? 

From ideas on saving money to planning ahead and being charitable, here is our list of money lessons from our favorite holiday songs. 

3 Money Lessons from Your Favorite Holiday Songs

1. My Favorite Things

Money Lesson: Find creative (read: free or cheap) ways to have fun this holiday season.

Did you know that this catchy tune from one of the most popular musicals has been featured on numerous holiday albums? 

This song is all about using your imagination to have a good time. And there’s no better season to remember this lesson than during the most expensive time of year.

The good news is that with a little creativity – as Maria encourages in the Sound of Music – you can create lasting memories without blowing your holiday budget. Examples of budget-friendly winter activities include building a snowman, stargazing, enjoying at-home movie nights and checking out local festivals. 

2. 12 Days of Christmas

Money Lesson: Less is more when it comes to gift-giving. And who really needs five golden rings?!

In other words, don’t be like the “true love” in the song and overspend on gifts during the holidays, especially if you can’t afford it. 

After all, Americans who went into debt during the holidays in 2018, found themselves $1,230 in the hole, an increase from $1,054 the year before according to a Magnify Money report. Plus, nearly half of individuals surveyed said it would take them at least five months to pay off their holiday debt, thus creating a lingering financial burden long after they take down their Christmas trees.

The good news is that with a bit of planning, you can create a solid gift-giving strategy that will allow you to avoid a financial hangover when the new year begins. 

3. All I Want for Christmas is You

Money Lesson: Remember the reason for the season.

The Queen of Christmas (AKA Mariah Carey) gets it so right with this pop holiday song. She truly doesn’t want a lot for Christmas. Instead of wishing for snow or worrying about presents under the tree, she only wants one thing: to see her loved one “standing right outside the door.”

Sometimes we can get so caught up in the holiday shopping frenzy that we forget the most important gift of all: spending time with those nearest and dearest to us. 

Final Thoughts

The next time you listen to your favorite holiday playlist, pay attention to the nuggets of wisdom about your financial sitch. This will help you get through this joyous season and beyond. 

Happy Holidays from the Chime family!

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