“Game of Thrones”: I have been hooked from day one, season one. The dragons, the epic adventures and plot twists are enough to keep me glued to the television for at least one hour each week. However, as I got to thinking about one of my favorite shows a little more in depth, I realized that there are a few poignant money lessons we could all learn from this popular program.
1. Prepare Now
“Winter is coming,” is a phrase uttered throughout the series – and is even the title of an episode –, but it’s also a reminder (for me) to be financially prepared for what lies ahead. In my mind, it equates to not wanting to be “left in the cold” when it comes to my retirement, making it all that much more important to me to save for the future, but also have solid real estate investment strategies in place that are designed to help me weather any storm.
2. Pay Your Debts
If the Lanisters can do it, so can I. This is a good reminder for me to make a budget, pay my bills first and not count on any disposable income until all of my debts are paid.
3. Plan My Estate
If a career in real estate has taught me how bad things can go when no one is designated the executor of an estate – and how long things can remain in probate –, watching Joffrey Baratheon make catastrophic mistake after catastrophic mistake in just about every episode to date cements that a little estate planning in my own life can go an awfully long way.
4. I Can’t Ignore the Rest of the World
While I can tout my livelihood to my own financial planning, I can’t ignore political policies or what’s going on in other areas of the world, just like the “Game of Thrones” characters. This was a reminder to me to stay more on top of the financial sector as a whole, so I know where to stash my cash when the time is right.
5. Gender Equality and Opportunity
Brienne of Tarth might get a bad rap for being one of the few female knights in the realm, but she reminds me that women have come a long while. Despite the fact that I still hear a variety of gripes citing the fact that women (on average) earn 30 percent less than most men, I can’t ignore the fact that strong minded women create their own luck – and opportunity. Gender inequality is about as real today as are dragons. In my own life, I create my own luck, my own opportunity and grasp hold of the times I can build and improve my business – all three of them.
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