The much awaited reunion of the super popular Harry Potter cast is just around the corner, with the telecast set for 1st January 2022. When we go back and relive all the parts of this series, it straightaway takes us into the magical universe, right? However, just like in reality, even that magical world had its own share of financial problems that couldn't be just solved with the wave of wand. Wondering which ones and how? Read on as we unfold some of the money lessons that the Harry Potter series teaches us in more ways than one.
Remember in the movie "Harry Potter and the Goblet of Fire," Harry and his friends attended the Quidditch World Cup? In a championship game that pits the Bulgarian and Irish national teams against each other, at one point the leprechauns from Ireland toss the crowd handfuls of gold, which turns out to be "leprechaun gold" which disappears the next day. And amidst all this, Harry's friend Ron Weasley, whose family struggles to make ends meet, is particularly disappointed to find that all the riches he had collected vanished overnight!
This part of the movie teaches us that if an investment or financial opportunity seems like it's too good to be true, chances are it probably is. So better avoid going after it.?
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Throughout the series, Harry's friends Fred and George Weasley were fans of playing pranks on their friends and family. Even as teenagers, they experimented with creating various joke products like Wildfire Whiz-bangs and Portable Swamps. And in their final year of school, Fred and George launched a mail-order business, building a loyal customer base while they were still saving up to afford their own premises! At last, they were ultimately able to open their own shop in Diagon Alley ¡ªwith help from a starter loan from Harry, and the business was in fact booming several months later when their family visited them. So what are you waiting for? If you too have a passion for something, whether it's photography, blogging or anything else, just go ahead and monetize it through tons of ways available in the world!
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As a teenager, when Harry learns that he has a lot of money in the bank, he does not adopt reckless behavior and instead chooses to spend his inheritance judiciously. He visits Gringotts and only takes out the gold he needs for school supplies and other necessities, hence showing conscious behavior towards realizing that the gold needs to last him at least through his seven years at Hogwarts.
In fact, despite occasionally being tempted by big-ticket items like a Firebolt broomstick, Harry resists the urge to splurge, knowing it's a want and not a need. Even wh he spends, it's usually on his friends, such as the loan to the Weasley twins or buying expensive souvenirs for Ron and Hermione at the Quidditch World Cup match. So, this teaches the importance of keeping your feet on the ground even when you are rich, as money doesn't last forever!
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