Money and movies are both emotional roller coasters: Fear, greed, love, sex and power. Movies illustrate the key factors in managing money - making your Marching Dollars grow. Movies provide a hero, a conflict and a resolution so that you can understand the concepts, visualise the path to success and become inspired to take those first steps to success. Literally, watching movies will help you to make money.
Hollywood creates heroes every day, role models who can inspire you into action. Think of movies like Easy Rider or M*A*S*H*, spawning a generation of anti-authority adults who changed society in so many ways. The way we look, act and talk is influenced by the movies we see. Learning about money introduces heroes who will manage risk, set goals, inspire you to action and warn you about the complexity of money management. What skills do you need? You need courage, optimism, discipline, patience, imagination and a sense of humour. You can discover all these things in movies: role models, conflict, characters and emotion. Characters like Indiana Jones and
James Bond.The one movie you have to watch to learn about money is The Great Escape. Consider it a master class of free educational tools for financial freedom.
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Do you want to change your present situation? All you have to do is watch this movie and it is all there, the inspiration, the instructions and the plan of action to carry out your own Great Escape. MLMG Money Rule #1: It Is Your Duty As A POW To Escape There is a charming scene near the start of the movie where the German Camp Commander suggests to Richard Attenborough that the POW's should just sit out the war in comfort. Forget about escape, it is impossible. Attenborough reminds the German that it is every soldier's sworn duty to attempt to escape. That is tremendous advice. Be smart, be prepared but be willing. Without the will, there is no escape, no hope of freedom. Remember, however, in the Great Escape, only three men escaped. Hundreds tried and only three men made it to freedom. James Coburn, Charles Bronson and some other guy. Not very good odds. Fifty were shot as a lesson to others. The point to remember is that somebody made it. Forget the odds because somebody always makes it. It might as well be you. Watch and learn. Take action. Be smart and be willing. The second rule is another way to look at risk and diversification. MLMG Money Rule # 2: Dig Three Tunnels, Not Just One. The men built three tunnels: Tom, Dick and Harry. Experience had taught the officers that tunnels are risky and once discovered, hard to start over. You have to think the same. If your escape plan relies on one tunnel, you could be in danger of exposure. You have to diversify, manage risk and keep several options open for your escape. So, if you're a POW (Prisoner Of Work), don't keep bouncing the ball against the wall. Decide to escape and get planning to dig those three tunnels. |
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MarketBOB is a tracking sentiment indicator of investor confidence and emotion based on weekly historical data and proprietary analysis. The Movie Lovers Money Guide is an introductory instructional guides to money management.. All content is for instructional purposes and should not be construed as investment or financial advice, For specific advice and recommendations, an Individual should seek out professional advice based on individual circumstances.
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