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Business News›Industry›Media/Entertainment›Entertainment›What Avengers can teach you about saving money

What Avengers can teach you about saving money

ET Online|
Money lessons from Avengers
1/10

Money lessons from Avengers

Everyone needs to manage their money, even the Avengers. Now we all know most of the Avengers stuff is sponsored by Tony Stark, but the qualities most Avengers have can be insightful about finances too. Thanos be damned. Here's how they can help you save money.

Reuters
Black Panther
2/10

Black Panther

As the king of Wakanda, T’Challa inherited Vibranium worth $90.7 trillion in dollar terms. T’Challa's parents were good, conservative investors. Their untimely death did not affect the Black Panther's financial security. King T'Chaka and Queen Ramonda exposed Black Panther to Wakandan resources early on.

Lesson: Good estate planning ensures capital preservation and smooth transition of the family’s fortune. Wakanda savings!

Marvel
Thor
3/10

Thor

Thor, the son of King Odin, was born into royalty. The man was never short on cash, the life in Asgard was lavish. All's well till he loses his hammer. Thor lost his hammer because he underestimated his sister Hella's power. That was something he had not signed up for. His mistake was trusting his sister too much and not researching enough.

Lesson: When investing, read the offer document carefully.

AP
Iron Man
4/10

Iron Man

Investing is a step by step proceess, not a one-shot deal. Tony Stark didn’t just develop one version of his armour, he made three. Mark I (which he built during captivity) helped him get out of the cave, it was slow, clunky and only lasted 15 minutes. Trial and error saved Stark's life (and gave him an advantage in his battle with Iron Monger).

Lesson: Diversify, don't just bank on one source of income.

Marvel
Ant Man
5/10

Ant Man

Small is powerful Size matters and sometimes small can be powerful. Ant-man’s shrinking suit is a proof and so are monthly SIPs and recurring deposits.

Lesson: You may not be able to invest a lakh in a go, but Rs 8,500 a month sounds doable, right?

Marvel
Black Widow
6/10

Black Widow

Natasha Romanoff, a former Russian spy, and S.H.I.E.L.D's is a trained ballerina. That probably explains her poise, athletic skill and flexibility. When investing for the long-term, risk and uncertainty are unavoidable. Flexibility is a crucial element of a conservative, yet creative, wealth plan.

Lesson: Be flexible.

Marvel

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Spiderman
7/10

Spiderman

Spidy constructs devices to complement his powers, like mechanical web-shooters. He is gifted with superhuman strength, balance and agility. However, he can’t do without those web-fluid attacks and ropes to swing around the city.

Lesson: Even if you are gifted with a financial adviser, do not depend too much on the person, understand the products yourself.

Sony Pictures
Captain America
8/10

Captain America

Superheroes don’t abandon friends because the world tells them so. Roger had Bucky’s back even when everyone believed the Winter Soldier was the villain. Being patient and believing in your decisions applies to investments too.

Lesson: Believe in fundamentals

Marvel
Dr Strange
9/10

Dr Strange

Stephen Strange was an accomplished neurosurgeon before he discovered the Eye of Agamotto. A car accident that wrecked his hands made him nearly bankrupt. His pal Christine Palmer says as much in the Doctor Strange film, explaining, “Stephen, you always spent money as fast as you can make it, but now you’re spending money you don’t even have.”

Lesson: It is important to prepare for even seemingly impossible catastrophes. No investment is risk-free. Not even your bank deposits. Your only defence is to diversify and be insured.

Marvel

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Ad: Remit Money

Hulk
10/10

Hulk

He is both brains and brawn. However, even when you have the best combination of superqualities, you have to know how to balance your powers. Each time Robert Bruce Banner goes wrong with this balancing act, bad things happen. You need balance in your portfolio too.

Lesson: Too much of anything can lead to downfall.

Marvel
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