IMDb RATING
5.7/10
1.6K
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Economical advisers give out their tips on how to get smart with money and take control over your economy.Economical advisers give out their tips on how to get smart with money and take control over your economy.Economical advisers give out their tips on how to get smart with money and take control over your economy.
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The good:
The bad:
My recommendation: Not a must see, but if you do watch it do it so sped up 1,5x and be ready to use the skip 10 seconds button. Especially during the emotional fluff bits.
- It is well edited. Especially the intro I found.
- It has a few good, but general advice like only spend money on what you need and try making your interest or what you are good at your job and maximise your earnings that way, focus on cutting costs on the big thing first like housing and invest on a regular basis on an index fund (the last one is a great advice IMO. I generally use ETF's in a world based index with a low monthly fee).
The bad:
- One adviser recommends doing side hustles and gig work. Surely this point must be sponsored by big business. Maybe you could in the short term work extra to pay of dept, but it should not be a long term plan. Also if your regular work pays better than gig work then do more hours if possibly at your regular job.
- The documentary seems very setup and controlled. I wouldn't be surprised if many were paid actors and a lot of the footage was reshot many times to make a polished and visually nice looking documentary.
- A lot of emotional fluff. I am not American so I am not used to all these emotional segments in TV shows and documentaries.
My recommendation: Not a must see, but if you do watch it do it so sped up 1,5x and be ready to use the skip 10 seconds button. Especially during the emotional fluff bits.
The show is ok. However it always drives me nuts when I see these HUGE cars for just 1 or 2 people and the DAILY takeout orders and then the same people complaining about money. It's just not serious. Also, 300$ for a phone, monthly.
Yes, we people live in different realities. And yes, it's completely possible and achievable to live within your means and save. This feeling of freedom can not be compared with anything.
And no, a family of 3 doesn't NEED more than 2 bedrooms. A family of 4 doesn't NEED more than 3 bedrooms. Anything more is done for boasting how successful you are. Not for upgrading the quality of your life. You just have more rooms to take care of. More cars to maintain. More clothes to store. You get the point.
Yes, we people live in different realities. And yes, it's completely possible and achievable to live within your means and save. This feeling of freedom can not be compared with anything.
And no, a family of 3 doesn't NEED more than 2 bedrooms. A family of 4 doesn't NEED more than 3 bedrooms. Anything more is done for boasting how successful you are. Not for upgrading the quality of your life. You just have more rooms to take care of. More cars to maintain. More clothes to store. You get the point.
We watched this with our two college students home for the summer, it was eye opening for them and made an important impression I hope they carry into their young adult lives. The reviews here are very polarized, love it or hate it. Americans' relationship with money is not unlike our relatinship with food. Basic truths of spend less, save more; eat less, lose weight are the hard truths we don't really want to hear. Most want mindless entertainment to forget problems, not a documentary that challenges their life choices. Mr. Money Mustache should teach a required high school class, entertaining, and espouses a life style that would benefit many as well as our planet. Get Smart with Money is worth your time, but only if you are open ways to think about the world. If you think you know it all, you really know nothing.
I feel bad for the football player, was given the worst advice ever. He's probably broke by now. Just put all your money in two heavily overpriced etfs at the end of a supercycle etf bubble, lol. That's dead money for the next decade, rather than 10% profit every year. He's now,a year later, already down 20% on his "investment", and the worst drop following recession is still to come. The only one that got rich is his "advisor", from selling his garbage "advice". Dude doesnt have a clue about markets and it shows. Lol, what a joke. Don't follow this docu people, you will get wrecked financially.
10dloaders
If you don't care about your finances, just want to complain about not having money and do nothing about it, read the negative reviews and you will find lots of sympathy.
If you do, watch the documentary and pick up what could be used for your own life's scenario.
In terms of the quality of the documentary, you have to realize that you won't learn from anybody how do deal with your personal finances because as the name suggests, they are personal. What this video does is teach you about financial literacy, and in this category I have to say it's one of the best out there. From the get go I was skeptic on for how long they would follow up on the various cases they show, since in financial literacy it doesn't work to just give someone advice and expect everything to go smoothly. So following up until one year later is a reasonable amount of time to get an ideia of how its working out.
To really show you how to get better with money in a film, they would have to follow these people 24/7 for 5 years, so you realize what the mindset around good financial decisions is.
What they have done instead is give you some examples for you to look into financial literacy a bit more in depth if you think it makes sense for you.
They should do more documentaries like this, even if it just helps a couple of people at a time.
If you do, watch the documentary and pick up what could be used for your own life's scenario.
In terms of the quality of the documentary, you have to realize that you won't learn from anybody how do deal with your personal finances because as the name suggests, they are personal. What this video does is teach you about financial literacy, and in this category I have to say it's one of the best out there. From the get go I was skeptic on for how long they would follow up on the various cases they show, since in financial literacy it doesn't work to just give someone advice and expect everything to go smoothly. So following up until one year later is a reasonable amount of time to get an ideia of how its working out.
To really show you how to get better with money in a film, they would have to follow these people 24/7 for 5 years, so you realize what the mindset around good financial decisions is.
What they have done instead is give you some examples for you to look into financial literacy a bit more in depth if you think it makes sense for you.
They should do more documentaries like this, even if it just helps a couple of people at a time.
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