Squid Game: What it teaches us about money
What the Netflix show can teach us about personal finance and debt.
This course will discuss the many important financial lessons we can learn from the Netflix show Squid Game.
We’ll start with a brief history of South Korea, where the show takes place and an analysis of why many of its people have ended up in such a disastrous debt situation.
We’ll also meet the main characters in the show so we can learn lessons from their mistakes.
We’ll look at how the government and central banks control the economy through fiscal and monetary policy and take a detailed look at the financial situation of Canada and the United States by analyzing their latest financial statements. And we’ll compare Canada's financial health as measured by their debt-to-GDP ratio to other countries including South Korea and the US.
We’ll also discuss employment versus the gig economy because all the players have the same problem - no secure job!
In addition, we’ll cover everything you need to know about personal debt including how to find out and improve your credit score, how to get out of debt, as well as whether RRSPs are a better option than paying off debt including a look at the RRSP Versus Pay Down Debt calculator spreadsheet that comes free with the course.
There is also a section on the housing decision including a look at the House Rent Versus Buy Analyzer spreadsheet that you also get free.
The course will also delve into the question: Does money buy happiness? After all, the players in the game don’t have any money and in fact, are in deep trouble with debt and are all miserable as a result.
And lastly, we’ll get into the importance of risk and insurance planning including the best ways to insure your life and income.
Note that this course contains updated information from some of David’s other courses including Everything You Need to Know About Debt, The Simplest Personal Finance Strategy Ever, and COVID-19: How to Weather The Storm Financially.
- No preparation required.