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Gaurav Chopra
Even though the outside temperature is skyrocketing every day, "Winter" has already come for Game of Thrones fans. The show was full of twists. And just like the show, our financial decision is a series of happy (and / or unfortunate) events that unfold and, one way or another, shape the path of our lives. There is much to learn from this show, especially for our financial well-being. Here are some financial lessons from Game of Thrones characters that are perfect for our finances.
The Lannisters: Always Pay Your Debts
Even the ferocious Queen Cersei Lannister borrowed money from the Iron Bank. do the same thing at some point in their lives. When you borrow money, whether it's a personal loan or a credit card, always consider paying it back on time. The systematic execution of your repayments will improve your credit score, which will later establish your creditworthiness with financial institutions.
Daenerys Targaryen: Some Eggs Could Be Dragons
Daenerys Targaryen was not always a Khaleesi or a Dragons Mother or a chain breaker, etc. It was only when she had her dragons (which she had patiently been waiting to hatch) that she became powerful. A great financial lesson that can be drawn here is that an investment today can bring you better results tomorrow if you put your "fire and blood on it".
Robert Baratheon: Use Wisely Your Wealth
Robert Baratheon died quite early in the series. It was a spoiled king who lived like there was no tomorrow and accorded little importance to planning or going forward. It was because of this negligence on the part of Baratheon that viewers had to undergo a Lannister after another on the iron throne. You have to learn how to spend the money they have today while taking into account the future. Always have money aside before partying at night.
Greyjoy's motto: what's dead will never die
We often make the mistake of thinking that the things we kill (or who we do) will stop affecting us. This is not actually true. If you feel that closing a credit account for which you have defaulted, your credit score will miraculously increase, you have not paid attention.
Arya Stark: Protect Your Face to Protect Your Destiny
We saw how Arya Stark used different faces to disguise herself. Do you know how many people steal the identity of others to steal their money? Not everyone has the chance to catch the criminals. So, one must always be on the lookout for signs of identity theft. By checking your credit history frequently, you could save time and money.
Margery Tyrell: Assets May Be Essential
Margery Tyrell has been proposed to be Queen twice. Once marry Joffrey and then marry Tommen. Although its beauty, charm and handling are for many, the fact that Tyrell are very loaded with money was the most crucial thing in these weddings. Likewise, if you collect badets in your life, they will eventually do all the work for you.
The king of nights: be always ready for winter
Winterfell has had very long winters and the Starks have survived 100%. When the king of the night was hiding at the corner of the street, everyone was getting ready. In the same way, financial emergencies can occur at any time. A viable solution for such a situation may be the approval of a line of credit. This will ensure that your budget always has a backup in case of adversity.
Jon Snow: Hidden Details Could Change the Game
It was revealed to us in the seventh season that Jon Snow was actually Aegon Targaryen, the legitimate heir to the Iron Throne. This breakthrough found that, contrary to what viewers were supposed to believe in the past seven seasons, it was not Daenerys, but his nephew was the true heir to the iron throne. As rightly said, everything is in the details. It is important to know the details of your credit cards, your mortgage and the type of loan for which you are applying. Could you miss something like hidden annual fees or foreclosure fees? Are you asking for a fixed or recurring interest rate and interest on late payments, etc.? It is imperative that you carefully review all the details in print to avoid any unpleasant surprises hidden at the last minute
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