Monday, December 22, 2014



Yes, it is the holiday season – time for family, friends, warm-tidings and good cheer. Well, since we are a financial institution, we thought it might also be an appropriate time to point out some money management advice viewers may glean from some of the most famous holiday films: It’s a Wonderful Life, A Christmas Carol, The Grinch Who Stole Christmas and Elf.


1. Treat everyone with equal respect

In It’s a Wonderful Life, the movie’s villain Mr. Potter sticks it to poor George Bailey, only to see George overcome his troubles. Whether you are dealing with others in the business world or in your personal life, treat everyone with the respect and dignity you desire for yourself.

2. Cherish what you have

When things go south for George Bailey, he wants to end it all. Thanks to his guardian angel who shows him what life would be like without him, George sees the light. Remember, almost all financial problems are short-term. Things will turn around over time, with smart money management and positive thinking (a guardian angel helps, as well).

3. Be your elf
In the holiday classic “Elf,” Buddy never changes from his kind, helpful self, no matter what obstacles he faces. In the end, Buddy’s Christmas spirit shines and helps to save the day. It is important for everyone to be true to yourself. Do not spend over your head just to impress others. Maintain a solid budget and remember to allocate something for yourself and reward yourself for attaining your savings goals.
4. Surround yourself with those you trust
George Bailey makes a huge mistake by trusting goofy Uncle Billy with the bank’s money. No matter how close they are to you personally, make sure they are smart with money and ultra-trustworthy before delegating important financial matters to anyone.

5. Giving is far better than receiving
That miserable miser Ebeneezer Scrooge found out this lesson the hard way. He had to be scared nearly to death before he realized the joy one finds when they give to others – especially those in need (right, Tiny Tim?).

6. True happiness has nothing to do with money
Just as the Grinch found out when all those Whos in Whoville sang cheerfully – even without any gifts or toys -- the true meaning of the holidays cannot be found in a gift box or a money envelope. The true gift comes from the heart.

Happy holidays from AltaOne Federal Credit Union!
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