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five personal finance lessons from harry potter

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Yep, I finished the last Harry Potter book at 2:30 pm on Saturday (I’m a quick reader). What can the tales of bespectacled quidditch seeker teach us about personal finance?

  1. Parents should make a will to provide for their children in the event of their untimely demise - as Harry’s mum and dad did.
  2. Its not about how much money you have - the Weasley’s are much better than the Malfoy’s, even though the Weasley’s are not very well off.
  3. Education is a good investment - without Hermione’s knowledge, Harry would have been doomed many times over.
  4. The most unlikely hobbies can turn into valuable sources of income - Fred and George Weasley manage to turn a penchant for practical jokes into a thriving business
  5. Your job is not as important as friends and family - Percy Weasley makes the wrong choice when he sides with the Ministry of Magic (his employers) against the rest of his family.

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One comment for “five personal finance lessons from harry potter”

  1. I love this post! I love Harry Potter and I love Personal Finance, and these are some fantastic lessons that you learned from the Harry Potter world. Kudos!

    Posted by Joseph McClellan | November 10, 2007, 4:11 am

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