Financial Wisdom from Calvin and Hobbes

Today’s Prep:

Perhaps a bit unexpected, the comic strip Calvin and Hobbes had a lot of great life and financial advice to dole out. Which of these apply to your financial situation?

Equipping Points:

When it comes to retirement planning, some of the same concepts found in these fun quotes from Calvin and Hobbes can apply. What sort of financial wisdom can you glean from a boy and his tiger? Eric shares how these quotes can coincide with what he teaches clients every day.

Everyone likes a surprise party or gift in the mail, but what kind of surprises do you get in the financial world? No one wants a surprise market crash. What about a sudden home repair needed? Those are not the kind of surprises anyone wants, so how can you prepare for them? Do you have a plan that can handle potential bad surprises? What about an emergency fund?

What do you do when there are problems? Calvin and Hobbes says, “When life gives you lemons, chuck it right back.” How can you chuck back a lemon into the financial world? What opportunity is available when the market goes down?

When you make a mistake, are you holding onto the guilt of that? How can you get the help you need when you take a financial hit? Are you feeling scared to make a move based on past failures or inexperience? Having an advisor by your side can make a huge difference in keeping you on track with your financial goals and plans.

Lastly, are you avoiding the things you should be doing right now when it comes to your financial plan? It can be more fun to plan vacations or even what you’ll do this weekend. Procrastination is normal, but you don’t want to procrastinate when it comes to your financial plan.

Listen to the entire episode or click on the timestamps below to skip to a particular quote.

1:47 – “Life is full of surprises, but never when you need one.”

4:14 – “When life gives you lemons, chuck it right back.”

5:50 – “There’s no problem so awful that you can’t add some guilt to it to make it even worse.

8:27 – “A day can really slip by you when you’re deliberately avoiding what you’re supposed to do.”

 

Today’s Takeaway:

Everyone can benefit from talking to an advisor.

-Eric Peterson

Related Resources:

Can You DIY Financial Planning?

What Does Mark Twain Have to Say About Your Financial Plan?

Facing the Villains in the Financial World

More From Eric:

The host: Eric Peterson - Contact - Call: (515) 226-1500

Subscribe To The Podcast:

Apple Podcasts  -  Google Podcasts  -  Spotify  -  Stitcher  -  iHeartRadio  -  TuneIn

Check out some other recent episodes

What 400+ Advisors Say Really Keeps Retirees Up at Night

April 3, 2025

What are Americans really concerned about when it comes to retirement? In this episode, we unpack the results of an insightful survey from Financial Advisor Magazine, which was completed by over 400 financial advisors. We’ll also compare these answers with the real-world concerns we hear every day from the clients in our own practice.

Read More

Bracket Busters and Stock Flops: The Risky Game of Picking Winners

March 27, 2025

March Madness is here, and just like filling out a bracket, picking individual stocks can feel like a thrilling gamble. But the odds of winning big are slim. In fact, history shows that most stock picks, like most brackets, end up busted.

Read More

Are Hidden Fees Draining Your Retirement Savings?

March 20, 2025

In this episode, Eric reveals the true cost of investing and how to protect yourself from unnecessary financial drains.

Read More

What Game Night Can Teach Us About Financial Planning

March 13, 2025

In this episode, Eric breaks down the surprising financial lessons hidden in classic board games, offering valuable insights to help you navigate your retirement strategy.

Read More

Mailbag – Upsizing, Financial Advisors & Business Owner Planning

March 6, 2025

Join us as we answer questions about the challenges of downsizing, the emotional aspects of planning for family gatherings, and the realities of transitioning into a financial advisory career.

Read More

Leave a Comment