Comments about ‘7 financial lessons from classic Christmas movies’

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Published: Thursday, Dec. 12 2013 11:53 a.m. MST

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Reflectere
Utah, UT

Erhmm - George Bailey took over his father's Savings and Loans bank which allowed the poor people of the community to take out loans for affordable housing so that they didn't have to go crawling to Mr. Potter for said loans. Sorry DS news, but there is absolutely nothing wrong with taking out a mortgage for a home (or even for a reliable car or an education). I'm sure you have done the same. No, George, ignore DS news, you're gift of keeping a reasonable, accountable, affordable loan system in place for the citizens of your town was a true gift - especially considering how far you went to make it possible for so many of them. That is the kind of banking system our country needs. (Not the Mr. Potter kind)

Archer of Paradise
Oklahoma City, OK

Really odd assessment of George Bailey. Did you actually watch the movie? George Bailey is a financial hero to Bedford Falls. If there are financial lessons to the movie it's that you should not trust Potter and don't keep money in the care of Uncle Billy.

Midwest Mom
Soldiers Grove, WI

This is a disturbing collection of advice.

TOO
Sanpete, UT

Can't say I learned much from this article. If I had to say anything of real advice from "It's a Wonderful Life":

1. Be charitable. Don't hose people for a quick buck. You never know if they will be the ones saving you.

2. Make due with what you have and dream big. His wife didn't want a brand new house--she wanted a fixer upper and they turned it into a nice house.

Many other lessons from movies, but this movie is what I always end my Christmas season with. I love it!

Oldcoach
Hurricane, 00

I dream about the chance George Bailey had. We don't know how much influence you have had or the bad example you have been without seeing what life would be if you had never been born. How lucky the person that could have that experience.

Hamath
Omaha, NE

@Relfecter and Archer

The "loans are bad" idea comes from the source of the article, not really the DN. Deseret News is reprinting it. So you can say it's DN who is saying it because they reprinted it, but I think blame or credit should go to the author.

Dave Ramsey, the author or someone part of his organization, is the source of the article. They are nationally recognized "anti-debt" "pro-budget" finance people. One of his basic premises is that you should avoid debt at all costs. Usually only for a home loan does he advise one to take out a loan.

pat1
Taylorsville, UT

Strange column today. My husband and I have been conservative spenders and debt free for many years, so I applaud your encouraging others to do the same.

However, you are stretching to find examples in these Christmas movies. They just don't fit. It undermines your credibility. We don't have to go to movies to find inspiration for good decisions.

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