Last Updated on April 13, 2017 by Marie Bautista
Happy Money Monday! For this Money Monday edition, I am again featuring J3 Patino of Game of Wealth with his fun but thought-provoking post on:
So, anyway, before I break down here, let me go on with J3’s post.
While J3 was watching UP, he realized that Ellie and Carl
were both financial illiterates. And had they been more financially educated, the story wouldn’t be so
tragic, and maybe they could have made their happily-ever-after together in
So here are the financial mistakes and lessons to be learned from UP.
kids, and immediately connect in their desire for adventure. They become close
and promise each other that they will go to Paradise Falls. They grew up
together, fell in love, then got married.
Then they thought about having a baby! They prepared the baby’s room, but unfortunately, Ellie had a miscarriage…
Then the tires of their car break down…
They break their “Paradise Falls” savings in order to replace the tires.
Lesson #1: Have a separate emergency fund.
Lesson #2: Get Healthcare and Insurance
fees in insurance, but at least you’re not paying for 100% of damages.
Lesson #3: Be Entrepreneurial
Remember that being entrepreneurial is not just about the money, but as an entrepreneur, you’ll be forced out of your comfort zone in order to provide better products or services. If in your current job (like Carl and ellie) you’re no longer being challenged or learning anything, then maybe it is time to create your own adventures through entrepreneurship.
Lesson #4: Never Forget Your Dreams
One very important financial tool for this is a vision board. This is simply a list or a set of pictures to remind you of your most important goals in life. The vision board is reviewed EVERYDAY, so you are always on the look-out on how to turn your dreams into reality.
Lesson #5: It’s NEVER too late to go for
At five minutes into the movie, Carl’s life was already soon to be over. He had already lived 80% of his life. His lifelong partner, Ellie, had already gone ahead of him. In fact, Carl has nothing to look forward to, and nothing to live for…
Thankfully, Carl is just a cartoon character and scriptwriters can introduce him to weird characters, make him an adventure and give him his happy ending.
Since we are NOT cartoon characters, who is our scriptwriter?
It’s OURSELVES! (technically, I believe it;s God, but God gave us free will to direct our own stories). You have the power to write your OWN happy endings, no matter how little you think you have left. So go pursue your dreams, and turn them into reality!
I believe that money is just a tool to help us get what we want out of life. But for money to work for us, we have to study and understand it. So that it ends up HELPING us rather than
preventing us from reaching our goals. This is what the “5 Pillars of Wealth”
is all about. You can get FREE and Instant Access by going to www.GameOfWealthOnline.com.
TrulyRichClub.com – Do You Want to Gain Financial Wealth and Spiritual Abundance at the Same Time?
J3 and I are also being mentored by Bo Sanchez. First time to invest in the stock market? It is normal to get scared. But it is also important to have somebody more knowledgable GUIDE you. Join us HERE and learn how to be TRULY RICH!
Risa Bledsoe says
This is a fantastic post! You should share it with Dave Ramsey!
JanzCrystalz January says
Mandatory 5% increase per year? Well, in 5 years time in the private sector we only had an increase the other year, no more after that. 🙁
Dominique Goh says
Interesting concept. It's true we need to pursue our dreams and work towards achieving it.
Marie Angeli Laxa says
I love this post, Marie! Yes, I don't get the mandatory 5% increase, too; I'm sure many of us don't. But I choose to focus on what I could do and control, and that's to manage my finances wisely. Just like Ellie and Carl!
I actually want to watch that animation. Perhaps tomorrow? Looks interesting!
Mayette Domencil says
The 5% increase is mandatory pala. I have been working in our company for more than 10 years and we just had increase just twice. Actually, if I will compute it we had more than the 5% mandatory increase per year. It's just that yearly increase gives more motivation to the employees. I love this post 🙂
Excellent post! The underlying lessons one learns from an animated movie. I remember the not-so-subtle words from 'Frozen': "you can't marry a man you just met".
maria wenttotown says
Never let your dreams die. I include savings in my monthly budget. And I have a separate travel fund 😀
Michelle Oribello says
a big YES to writing our own happy endings! we can do it day by day, one step at a time! 🙂
Allan D says
I'll get a copy of this one too.
With regards to the mandatory increase. I think we are not getting this yearly but once we have an increase, it is more than 5%.