When you think about the Star Wars movie trilogy, you likely do not think about how it relates to smart financial habits. Instead, you are likely focusing on the special effects, Harrison Ford, and the many sci-fi moments that are cinematic classics. But, if you look at it differently, you just might find some money-related lessons. Here are some of them.
Used Cars have Great Value
New cars can be significantly more expensive than used ones, even when those “older” models only left the dealership a few months ago. The reason why is that new vehicles instantly lose their value the moment you drive them off the car lot.
Thus, it makes more sense to go with the used one like Luke Skywalker did with the Soro Suub Corporation X-34 landspeeder. It had all the features he needed, and he drove it confidently through A New Hope after buying it from a vendor.
Be Sensible with Your Investment Strategy
In Episode 1: The Phantom Menace, there was a wager between Qui Gon Jinn and Anakin about who would win a pod-race. Anakin wins the race and is freed from the unsavory character Watto, his slave owner. Qui Gon explains that when you gamble it all, you eventually lose.
The lesson here is to be more conservative with your investments than taking big risks. While a big amount of money put into the market could bring you back a lot, it could also lose you a lot of funds. Have a limit to how much financial risk you will take so that you don’t lose your retirement fund.
Take Out a Loan when Necessary
If you lost your job during COVID-19 or found yourself unable to pay monthly for utilities and food, then you must look for ways to get money before you can start to save any. In this case, UK Short term cash loans will help you, whether you have good or bad credit.
There are times when you will need money, just as Han Solo needed to when he was on the run from Jabba the Hutt in Episode 4. Han owed Jabba the money, just as you might owe payments at the end of the month. It’s best to make payments on time.
Save Money for the Future and You will Reap the Rewards
As you save and save, one paycheck at a time over many years, you might start to wonder why. Will it be enough to retire on or to pay for your child’s college fund? When you get to the point where it is time to use those savings, you will see your efforts to put away money were well worth it.
In The Force Awakens, Rey is in search of Luke Skywalker. She is on a quest and looking toward the future, just as you are with your financial goals. As life unfolds, you can start to understand the bigger picture, just as Rey found Luke eventually.
Final Words on Star Wars Lessons
Rather than looking at Star Wars only as a sci-fi movie masterpiece, you can also see it for the financial lessons it teaches viewers. Of course, that is not exactly why it was created. But movies can be both entertaining and teach us something too, right?