Which TV Character Describes Your Financial Personality?

Today’s Prep:

What kind of classic TV personality do you most relate with when it comes to handling your finances? Are you more like Gilligan or Barney Fife? Find out on today’s podcast!

(Click the featured times below to jump forward in the episode)

Equipping Points:

Are you a big dreamer or spend as little as possible? Super lucky or nothing but unlucky? Let’s think back on four different TV characters as a fun way to talk about our financial decisions.

It’s easy to dream about what you would do if you suddenly struck rich like Jed Clampett in the Beverly Hillbillies. It doesn’t happen often, but sometimes someone will come into a large sum of money. Be it from an inheritance or early retirement, you’ll need to figure out what to do to. Going through a retirement readiness review will help you understand how these funds fit in your plan. Make sure you don’t squander this new sum of money.

Are you always looking for the cheapest solution? Fred Mertz in I Love Lucy was a bit of a tightwad. Are you unwilling to pay fees? While no one likes hidden fees, what’s important to understand is what kind of value you are receiving from the fees. Does the value match what you’re paying?

Do you have big dreams without plans to back them up? Barney Fife in The Andy Griffith Show was a bit like this. Are you making all sorts of travel and relaxation plans for retirement without a thorough financial plan to show how you’ll achieve that dream?

Gilligan has terrible luck but then seems to make it a bit worse on each episode of Gilligan’s Island. Do you feel like Gilligan? Maybe you experienced a divorce or illness or lost some money along the way. Instead of being reactive, be proactive.

Which TV character are you most like?  

Listen to the entire episode or click on the timestamps below to hear about a particular character.

[1:08] – Jed Clampett from the Beverly Hillbillies got rich quick.

[3:55] – Fred Mertz from I Love Lucy was always looking for the cheapest solution.

[6:11] – Barney Fife felt big dreams were attainable.

[8:06] – Gilligan has terrible luck on Gilligan’s Island.

Today’s Takeaway:

Behavior modification is the biggest value. Preventing you from doing the wrong things at the wrong time–that’s what you’re paying for with a financial advisor.

-Eric Peterson

Related Resources:

Outdated Financial Rules

Financial Truth Bombs

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

The Retirement Hierarchy of Needs

November 24, 2020

We compare Maslow’s hierarchy of needs to your retirement needs in this week’s podcast. Do you have all of these tiers of needs covered in your retirement plan?

Read More

Financial Planning and Gun Safety

November 19, 2020

What safety measures do you use when you own a gun? Are you implementing similar tactics with your financial plan?

Read More

Mailbag: Do I Really Need All of These Life Insurance Policies?

November 12, 2020

Do you need as much life insurance as you have? Or should you factor in eventual inheritance money when deciding when to retire? Eric answers three questions from the mailbag in this week’s podcast.

Read More

Facing the Villains in the Financial World

November 5, 2020

Do you have a favorite movie villain? We talk about three classic roles and explain how they compare to the villains you may encounter in the financial world.

Read More

Financial Planning Lessons From Winston Churchill

October 29, 2020

How can the words of Winston Churchill help you in your financial life? We apply some of his quotes to your financial decisions in today’s podcast.

Read More

Why Eric Loves Working as a Financial Advisor

October 22, 2020

Why does Eric do what he does? What’s his history and what are his passions? Find out on today’s episode of the podcast.

Read More

What Goes Into a Customized Financial Plan?

October 15, 2020

Why should you have a customized financial plan? What do you need to consider and what goals help you build an outline for your plan? Join us as we talk about what goes into the process of setting someone up for a secure future.

Read More

Things That Don’t Matter…Until They Do

October 8, 2020

Certain financial documents might seem like they can be put off for now. But when you need them, it’s important to be prepared ahead of time! Do you have all of these things in place?

Read More

Uncommon Sense in Financial Planning

October 1, 2020

When common sense isn’t followed, what does that look like? What common sense should we adhere to when it comes to financial planning?

Read More

Visiting the Financial Doctor

September 24, 2020

We’ve all been to the doctor at some point, so how is it like working with a financial advisor? We compare the similarities on today’s podcast!

Read More

Leave a Comment