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Suddenly everyone seems to be talking about Squid Game, one of Netflix’s biggest ever hits. If you haven't heard of it by now, the show is a thriller set in modern-day Seoul that sees 456 cash-strapped players lured into playing a series of children's survival games to win a sizable cash prize – or die trying. As of October 6, it is the #1 Netflix show in 91 countries.
Squid Game: 5 financial lessons from Netflix’s survival drama | 5 money lessons from Squid game.
Lesson 1 : Spend your money wisely
Squid Game tells the story of people who are struggling with financial issues due to poor choices in life. Spending wisely simply means having the knowledge and confidence to make the most of your money. No matter how big or small your income is, not overspending is a critical habit to get into. If you’re spending wisely, you’ll find more opportunities to save and grow your finances instead.
Lesson 2 : Gambling is always a risky business
One of Squid Games main characters has a horse racing gambling addiction. Another makes extremely risky investments using client money. Both contestants take a gamble on getting rich quickly with little to no effort. Squid Game reminds us that easy money opportunities and “get rich quick” schemes do not exist. Personal wealth takes time to grow. Allow it that process.
Lesson 3 : The importance of saving money
Saving money is one of the most important financial habits you can adopt. It’s simple advice, but a lot of people aren’t following it. Most of Squid Game's contestents are saddled with debt because saving takes discipline and a degree of sacrifice. If the thought of saving money feels like a challenge to you, remember there are small things almost anyone can do to set aside some money for the future.
Lesson 4 : money shouldn't be your life stake
In Squid Game, many characters live in denial about their financial situation, or try to solve problems alone only to dig themselves into a deeper hole. Most people don’t share their financial hardships before it’s too late. Asking for help may feel difficult, intimidating and embarrassing, but if you need any kind of support, you should know when and how to ask for help from the people around you.
Lesson 5 : Don't put all your eggs in one bucket
When a Squid Game contestant steals his mother's ATM card and enters his own daughter's date of birth as the correct PIN number, it’s an important reminder to protect all of your financial accounts. Get a PIN that makes it harder for anyone to steal your money. Create strong, separate passwords and store them safely to protect yourself online from hackers.
