THE BEST MOVIES ABOUT MONEY
Hollywood movies may not be the first place you look to for personal financial advice. But the silver screen has long offered financial wisdom. So Consumer Reports put together a list of movies that we think provide valuable financial lessons over the last 70 years of filmmaking.
- •MoneyballFinancial lesson: Before betting the farm—and the security of your family—on a business plan designed to make you rich, make sure you have a fallback financial strategy in case things don't work out.
- •Slumdog MillionaireFinancial lesson: Money doesn't necessarily buy happiness; it can also lead to evil. And while essential for survival, money is not as important as other things in life, such as true love.
- •Maxed OutFinancial lesson: Don't borrow more than you really need.
- •Wall StreetFinancial lesson: Ordinary investors should forswear the fantasy of making a killing on Wall Street, which is typically reserved for wealthy and well-connected players.
- •It's a Wonderful LifeFinancial lesson: There are many financial lessons in this movie, but one stands out. While George Bailey was careful about his spending, he was never able to create an emergency fund. As a result, when he ended up with a financial shortfall, he had almost no spare cash set aside to protect his job and his family.