We have a great piece here highlighting some books you can read to further your financial knowledge, but sometimes you don't have to be so studious to still learn a thing or more. So I did some digging and came up with 9 movies to get your fiduciary gears spinning with the quickness. With enough humor and drama to make your financial education feel a little less stuffy and jam packed with enough info to have you finessing and flexing in your next conversations, in no particular order here's 9 movies to get you pumped about money:
The Big Short
With a star studded cast this film follows the lives of a few smart guys who got hip to the impending financial disaster and decided to make a fortune by betting against the what everyone else thought was a sure thing. Based on a true story.
Glengarry Gary Ross
What happens when an New York City office full of real estate salesmen is given the news that all but the top two will be fired at the end of the week, but they all need their jobs, and some more desperately than others. "Always Be Closing" is a salesman's mantra garnered from Alec Baldwin's riveting performance.
This critically acclaimed Matt Damon narrated documentary points out the key players and events that would the 2008 financial crisis and the onset of the Great Recession.
Capitalism a Love Story
Filmmaker Michael Moore travels all around the country examining the effects of corporate greed and the ensuing global economic meltdown in this enticing and revealing documentary.
Enron: Smartest Guys in the Room
This documentary pulls up the curtain and shows just how Enron rose and fell and reveals all of its underhanded dealings, corrupt practices, and illegal actions as they robbed from the poor and gave to the rich.
The Wolf of Wall Street
A young Jordan Belfort (Leonardo DiCaprio) and his merry band of miscreants make millions by defrauding wealthy investors out of their fortunes, but the SEC and the FBI are looming to take them in and take it all away.
Giovani Ribisi, Vin Diesel, and Nia Long star in a film where you can enter the Boiler Room as an ambitious 20 something and become a millionaire overnight. This movie has it all - fast cars, mansions, luxury toys, all while trying to stay one step ahead of the law.
Real life father and son Martin and Charlie Sheen play father and son in this definitive 80's classic. The younger Sheen plays Bud Fox, an ambitious stockbroker desperate to make it to the top. He falls under the guidance of his idol Gordon Gekko (Michael Douglass) and soon finds himself entangled in a web of greed, deceit, and underhanded tactics that end up threatening everything around him - including the livelihood of his father.
Catch Me If You Can
Follow Frank Abagnale (Leonardo DiCaprio) elude FBI Agent Carl Hanratty as he becomes the master of disguise becomes the most successful bank forger/ robber in U.S. history in this Steven Spielberg masterpiece.
Airbnb offers an affordable option for people looking to be more comfortable as they travel.
However, there are downsides to staying in a host's home rather than a hotel. Whereas hotels are designed for constant streams of visitors and often have furniture built to last, at an Airbnb, you may be staying on old or cheap furniture that a host is using in order to maximize their profits.
And while most reputable hotels will have regular room inspections from staff to check for any wear and tear, Airbnb damage disputes are oftentimes he said, she said situations. If you are in an Airbnb and something breaks, there are a few steps you should take in order to ensure that you are not on the hook for damages out of your control.
If you're keeping tabs on the art and tech worlds, you've probably been hearing whispers about "NFTs" for the past month. Just over the past week they've entered the mainstream lexicon.
Twitter founder Jack Dorsey made the news for selling his first ever tweet. The app has been teasing paid subscription models and newsletter-like features, but tweets for sale is "the next frontier."
just setting up my twttr— jack (@jack)1142974214.0
The 2006 tweet went up for auction as an NFT, and the current bid is $2.5 Million. But what does it mean to own that? Why would anyone want to? And what even is an NFT?
Long gone are the days when the majority of Americans dreamed about owning a home with a white picket fence.
The traditional American Dream may be on its deathbed, but that doesn't mean a core component of the vision can't survive. It simply takes a diverse perspective. People can still believe they can attain their own vision of success in society with hard work, knowledge, and risk-taking. Investing in today's American Dream may literally mean investing money in our modern economy, starting with our infrastructure.
Real estate investing in particular is a lucrative method that can boost income and secure a better financial future for many. There's always risk involved, but the payoffs can far outweigh the uncertainty. Selecting solid financial investments is about confidence and competence. If you're looking for some advice on this kind of investment, here are a few savvy tips for new real estate investors.
Stick To a Specific Strategy or Niche
Real estate is a challenging sphere of the business world, one that requires several key skills: groundwork knowledge, networking, perseverance, and organization. True knowledge of the real estate market will come with time and experience, but it's a smart idea to select one area of the market and stick to it. This is the best way to attain in-depth familiarity with your specific niche.
First, choose a geographical area close by and then a niche strategy within it, such as house flips, rental rehabs, or residential or commercial properties. By doing so, you can become aware of current inner working conditions in the market and you'll have a better idea of how these trends may change in the future.
Be Vigilant About Viable Financing Options
While it takes money to make money, you don't have to use all your own money. A common misconception about real estate investing is that you must be wealthy to start off. This isn't straight fact, however. A majority of people can test the waters of real estate investing without a lot of initial cash in their pocket.
Aside from traditional financing options from banks and institutions, private lending options can be worthy solutions. Hard money lenders are popular, reasonable choices, and they tend to have fewer qualification requirements upfront. However, be sure to strategically choose a hard money lender to find the best possible fit.
Master the Art of Finding Good Deals
There may be hundreds of thousands of available properties for sale on the current market, but the bulk of them will never amount to the final money-making result you desire. Another great tip for new real estate investors is to use good math to estimate profit. Taking risks is part of the process, but you have the ability to analyze properties and use networking sources to find the greatest deal. You can't win every deal, but you can steadily work towards a thriving financial future.