We must admit that It’s a Wonderful Life is a must-see family favorite

for the Christmas season. In today’s episode we decide to have fun in  picking out the many financial lessons that can be gleaned from this 1946 award-winning classic.

 

In This Episode, We Look At:

  • The main character’s family business
  • The compassionate capitalism demonstrated by the family business
  • The Scrooge archetype—Mr. Potter
  • What does insolvency mean for a bank?
  • What is a “run on the banks”?
  • How much have things changed 71 years later?
  • Why don’t banks hold onto our money? Where does it go?
  • Our lives are worth more than $8,000 (You’ll have to watch the movie to understand the reference).

 

Resources and Links:

It’s A Wonderful Life, DVD through Amazon

It’s A Wonderful Life, HD Digital Copy through Amazon

 

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