For the last decade superheroes have been a big part of our world. They are everywhere in our pop culture, from ads to memes. However, each hero offers more than just a fun 2 hour movie or a quick joke in a Facebook meme. Every time we see these heroes’ stories, we see them go up against impossible odds, be kicked around, perhaps pushed to the absolute breaking point, but still stand up at the end and save the day. It’s not just the villains themselves that put these heroes in these positions, in fact, often it’s themselves. There is a lot to take from their struggles with themselves, the world, and of course their enemies that can inspire us or teach us a lesson about dealing with the world. That includes financing and money management. Here are 10 lessons we can take from superheroes about financing and money management. Potential spoiler warning for Avengers Endgame!
- Hulk: Diversify
Hulk is constantly battling with two very distinct sides of himself, always having to be all one or all the other. He constantly finds drawbacks with this. There are times when you can’t be all smash and no brains. This ends up proving to be a major weakness whenever he has to overcome a challenge that the “other guy” can’t deal with. Eventually, Hulk finds harmony when he embraces both sides at once. Instead of fighting his strength, or fighting his brain, he allows them to co-exist resulting in a Hulk who, overall, is stronger than ever.
This is the same with your finances. If you invest all your eggs in one basket then you could end up losing. By diversifying your portfolio, you could find that you are able to stand tall even while the property market, or stock market are down.
- Deadpool: Read the fine print
Desperate for a cure for his terminal cancer, Deadpool trusted a man who offered him the world, without reading the fine print. He was definitely kicking himself afterwards when the experiment left him so scarred that he couldn’t face his girlfriend.
When you are looking for financing always read the fine print. It is easy to get swept up in all the promises that a salesperson has been making and ignore the fine print. Afterwards, like Deadpool, your finances could become badly scarred and you may never want to face money again. Read the fine print.
- Iron Man: Keep a level head when things look bad
In the first Iron Man movie Tony Stark was on the brink of death. He had shrapnel heading towards his heart only kept at bay by an electromagnet hooked up to a car battery. He was stuck in a cave with a box of scraps, but he made something of it. Even when things looked tough Tony Stark kept a level head and slowly built himself a safety net, his first Iron Man suit, that helped him escape his bad situation.
Investment has its ups and its downs. There will be times when things are looking bad, but If you keep a level head and build yourself a safety net you could weather the storm. It is important to remain persistent and to keep moving forward.
- Spiderman: With great power comes great responsibility
The most famous line surrounding Spiderman “with great power comes great responsibility.” Spiderman has a history with battling with the meaning of these words over his life. After being bitten by a radioactive spider Peter Parker was given great power and had to learn through mistake after mistake the responsibilities that came with it.
This is the same with finances. Having money comes with great responsibility. It is important to ensure that you are not blowing it all at the expense of both yourself and those around you. This is especially true with credit cards. You suddenly have the power to buy thousands of dollars’ worth of almost whatever you like. But if you abuse the responsibility that is required to wield a credit card you could put yourself in a debt hole that you cannot get out of. If you need help with credit card debt contact Link Advance today.
- Human Torch: Don’t burn too hot
In the original Fantastic 4 movies the Human Torch had the ability to increase his power so much that he became as hot as a supernova. Obviously, on Earth, this could cause some destructive effects to everything around him. However, with some quick lessons he learnt that while he could do it, it was detrimental to not only himself but those around him.
Risk can hold a chance for a high reward. But if you have the potential to negatively affect those around you by reckless risk taking with your finances then think very hard. Nothing is risk free, which is fine, just be smart with risky investments and always have a plan.
- Captain America: Trust your fundamentals
Everyone told Captain America that his best friend Bucky was a bad guy, but he didn’t believe them. His gut told him that there was more than meets the eye. He was right in the end, Bucky wasn’t evil, instead he was being controlled by an evil corporation. Captain America then destroyed the corporation, saving Bucky, who eventually became a great asset to the Avengers in Infinity War.
Whenever you deal with your money you will have people everywhere, family, friends, banks, all try to tell you what to do with it. Most of that advice would either be terrible or average, stopping you from getting the most out of your money. When looking for a home loan ignore your bank, instead trust your gut and do your homework. Talk to a financial broker and other experts for help when you are unsure.
- Batman: Financial Security
Batman’s greatest superpower is his wealth. He would be nowhere without it. His wealth is used to fund his vast array of expensive gadgets and vehicles that help him tackle crime in Gotham. But he wouldn’t have this wealth if it weren’t for his parents. Bruce Wayne’s parents made smart investments and had good estate planning ensuring capital preservation for their son. Now Bruce can fight crime by night as Batman, making Gotham a better place, all thanks to his Mum and Dad.
Have a plan with your finances. Ensure that you have something to lie back on if things go south for both you and your family.
- Black Widow and Hawkeye: Build strong partnerships
Strong friendships and partnerships can last a lifetime, Black Widow and Hawkeye are a testament to that. Their friendship has allowed them to become as equally a powerful figure in the eyes of any villain they face as any of the super powered heroes beside them. They make a powerful duo, working together to overcome any challenge, supporting each other when they need help.
Friendships should never be taken for granted. It is important to work with your friends to overcome challenges. This is especially true when starting a business. A good business partner that you can trust could add a unique side to your business that takes it further than you could alone.
- Superman: Know your weaknesses
The man of steel has many strengths. He is faster than a speeding bullet, more powerful than a locomotive and can leap tall buildings in a single bound. However, he has one fatal weakness, kryptonite.
It is important for you to find the weaknesses in your financial plans. Have you made a risky investment that could backfire, have you got really bad credit card debt? Understand where your weaknesses lie so that you can work to improve them in order to find financial stability.
- Thor: You don’t need to just rely on yourself
Thor, the self-proclaimed “strongest Avenger” is constantly trying to go it alone which always makes everything worse. He is shown many times by those around him that if he works with the other heroes, he can accomplish far more than going alone.
This lesson is important when you are looking to find financing. By going it alone to each financial institution yourself you not only waste time but could add a blotch to your credit history if you are declined. Instead, get a good finance broker on your side. They can help you find the best loan for your situation.
Need a finance broker you can trust? Talk to Link Advance today!