Teen Titans Go! Taught My Kids Personal Finance Before Me

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Sometimes I to find non-public finance courses in sudden puts. Sometimes it’s in a a Jack Johnson music. Other instances it’s in a children’ cool animated film. They may even pop-up in previous re-runs of Fantasy Island that I began observing.

Note: This article would possibly sound like an commercial, but it surely isn’t (although Warner Brothers must succeed in out me). I’m merely keen on the Cartoon Network display Teen Titans Go!

It began as easy self-preservation. On one hand, I may watch the “Fat Controller” berate Thomas the Tank Engine and his Friends for now not doing their process, whilst ignoring the staff who’re on the educate. On the opposite, I may search for every other display.

While we’ve attempted a number of different displays, the only we stay coming again to is Teen Titans Go!

For those that don’t know the Teen Titans Go! characters, it’s a principally a 5 teenage superheroes being youngsters. Instead of saving the day, they’re generally doing one thing foolish like studying what the Tooth Fairy is in point of fact doing with all of the tooth he (sure, “he” within the display) is doing with all our tooth.

Before we get to the non-public finance courses from the display, I’ve to say the Teen Titans Go! to the Movies that’s in theaters. It’s very watchable for individuals who know not anything of the display and will get a 90% on Rotten Tomatoes, which could be very, excellent. It’s been in comparison to Deadpool for youngsters. That’s most definitely a excellent comparability, but it surely’s onerous to believe Deadpool wiped clean up for youngsters. If you haven’t observed Teen Titans Go, that description isn’t very useful.

This article has been up to date for 2020. I’ve rewatched a couple of episodes and had extra element so as to add. Also, we’re recently coping with COVID-19 and making homeschooling a laugh is at a top rate.

Rather than write in regards to the particular person characters (as I may do for days), I’ll bounce into:

Top Personal Finance Lessons from the Teen Titans

Money is Whatever Currency We On

In the episode Two Bumble Bees and a Wasp, Robin (of Batman status) tries to show the remainder of the crowd about cash:

“Money is not to be wasted on things that bring you happiness and joy! Money is to be hoarded, until your have enough money that your money makes more money.”

I’m now not certain too many kids are going to pick out up on that final level, but it surely unquestionably stuck my consideration.

Turning to a cool animated film illustration of cash we get this lesson:

“I’m paper, however I’m additionally cash. All I’m is an agreed upon consultant of credit score. Something you business for items and products and services! So I will be able to be anything else.

They move on to invite whether or not cash is usually a pineapple. (Actually pineapples were used as cash in historical past.)

After Beast Boy insists that cash is evil and rips up a buck invoice, Robin makes a decision to not pay somebody till they appreciate cash.

Flash ahead to later and Beast Boy has a pizza. Robin would really like a slice and gives to shop for one with a buck. He quickly learns that the remainder of the crew has agreed that the brand new forex is bumble bees.

Yes, bumble bees. I informed you it used to be a foolish display.

It ends with this hilarious music and dance:

If you have an interest, there’s a entire script of Two Bumble Bees and a Wasp right here

Focus on Health and Wealth

In the episode, Think About Your Future, Robin broadcasts that he’s purchasing the Teen Titans all jackets. Raven has an epatheny:

Raven: Aren’t you guys apprehensive about losing cash?… So now we have some later?
Starfire: But the later isn’t till the later. Currently it’s the now.
Raven: I do know, however aren’t we going to get previous sooner or later?
Beast Boy: Yeah, however later .
Cyborg: And it’s the “now” presently.
Raven: Oh, k, that is sensible.

So they purchase the jackets. And then they have fun with pizza, however now not simply any pizza it’s “extra-large, extra-extra cheese extra-extra-extra pepperoni, plus “large jugs of the soda” and “a gallon of ranch dip.”

Raven as soon as once more warns that in all probability they must consume more fit to keep away from well being issues later. Again, the remainder of the crowd doesn’t care about “later.”

The scene ends and we bounce forward to 70 years later.

The gang is previous with many well being issues. They can’t come up with the money for their drugs as a result of they don’t have any cash.

They unexpectedly understand that Raven used to be proper. So they do what somebody would do. They construct a time gadget and ship their previous selves again to speak to their youngster selves into making extra good possible choices.

That brings us to this clip about studying learn how to consume wholesome, beginning a 401ok plan, and a proof of compound pastime.

Everything is going completely. In reality it is going a bit too completely. The remainder of the episode isn’t instructional, however it’s entertaining.
Again, if you have an interest within the script, you’ll be able to to find it right here

Building Wealth with Rental Properties

No cool animated film is dumb sufficient to create an episode round a monotonous subject as development fairness from apartment homes. No cool animated film with the exception of for Teen Titans Go!

With episode after episode about silliness, the writers created, “Finally a Lesson.”

The best possible a part of the episode is Robin explaining apartment belongings and learn how to construct fairness:

If you’ll be able to’t watch it, right here’s Robin’s clarification:

“Equity is the amount of a property you truly own. It’s the difference between your loan balance and your property’s market value. If you sold your property and paid off the bank, the value of your equity is what you’d walk away with. When you build equity, you increase the net value of your asset. One way to do this is by paying off your mortgage.”

The episode takes them via all of the steps. First they to find the fitting belongings – a run down condominium development. Then they get to the financing, which comes to getting 20% down, the best way that “everyone else does” ask any person else for that 20%.

Then we get to the opposite a laugh portions of securing a apartment belongings… the mortgage procedure. There’s a proof of credit score rankings, securing the fitting lender, filling out the bureaucracy, and getting a excellent religion estimate.

The gang is beginning to get very bored, however Robin assures them they’ll be very happy in spite of everything. For now they’ve to show their consideration solving all of the issues of the development.

There’s a a laugh twist, however in the end, Robin will get us to the enjoyable finish, “It takes decades to actually build equity, but in 30 years, it will provide a modest cash flow to pay for our numerous old people medications.”

For a cool animated film geared at children, it’s as excellent of an summary that you just’ll get. When my children are older and ask why now we have apartment homes, I’ll simply cue up the episode at the DVR and ask if they’ve any particular questions.

You guessed it, the script is to be had right here.

Avoiding College Debt

In the episode “Who’s Laughing Now” Beast Boy will get underarm hair, signaling that he’s changing into a person. That method discovering his spirit animal, which is “like college for dudes who turn into animals.”

With that, we’re off on a Teen Titans Go take wondering the worth of school.

Raven: Uh, isn’t upper training generally in point of fact dear?
Robin: Yes, but when he chooses the fitting spirit animal it’s going to open numerous doorways for him.
Beast Boy: That’s proper, Robin, my guy. And then me and my bushy pits shall be on simple side road.
Cyborg: Whoa, whoa, whoa. While spirit animals are nice, they aren’t essentially for everybody. I’d hate to look you agree with such a lot debt and on this economic system, whoo! Personally, I feel spirit animals have simply grow to be giant industry. Focus extra on sports activities and partying, than training. Now with the cash you’d spent on spirit animal have you ever as an alternative thought to be in making an investment in, say, a apartment belongings? Or what about taking a look into a coaching faculty?

Beast Boy: Whoa, take a look at the ones bears. Nice. That’s what I need my spirit animal to be!
Cyborg: But the price of being a undergo is astronomical. Maybe you must discover a two-year neighborhood spirit animal, like that previous donkey. Then switch to the bears. In the tip you get the similar spirit animal.

Beast Boy will get permitted by way of the bears and talks to his buddies.

Robin: But how can you pay for this? I were given some executive mortgage of salmon and honey.
Raven: Whoa, that’s numerous salmon and honey. It will take eternally to pay that again.
Beast Boy: Once I’m a undergo, I’ll be wealthy.
Cyborg: While information displays having a excellent spirit animal ends up in a greater paying process, there’s no ensure the ones spirit animals are going to provide the revel in you wish to have to make it in the true global.

When issues don’t move with the bears, Beast Boy realizes that he made a mistake.

Beast Boy: I feel you’re proper, Cyborg. I must have purchased a apartment belongings.
Cyborg: Booyah. Told ya.
Raven: Well, imagine it a lesson discovered.

The final line is connection with the apartment belongings episode, “Finally a Lessson” that aired 17 episodes earlier than.

Beast Boy: But now I’m in salmon and honey debt and the federal government goes to kill me!
Cyborg: No approach. We’re going to get that salmon and honey again from the ones rubbish spirit animals.

The plan is play the bears double-or-nothing taste in a recreation of soccer. In the general seconds Beast Boy figures out the one method to kick the gaming profitable box purpose.

Cyborg: Have you thought about a two-year spirit animal? It’s so much inexpensive and with out the distractions of sports activities and partying, you’ll be able to center of attention on studying.
Beast Boy: I is aware of what you’re announcing, bro. My spirit animal goes to be a two-year neighborhood donkey!

Since Beast Boy can develop into any animal, he turns into a donkey and kicks the sphere purpose to win the sport, and transparent his debt.

Cyborg provides a final shaming to the bears:

That’s what you get for convincing other folks to spent hundreds of bucks simply to be informed issues they might determine without spending a dime. Leave them with an quantity of debt and a needless piece of paper that reads, “Diploma.” They’re pedaling a dream that doesn’t exist anymore.

The script for this one may also be discovered right here

Pyramid Schemes Will Make You Broke

I virtually didn’t come with this episode, however my spouse discussed that I must. I’ve written widely about MLM Pyramid schemes, so I didn’t really feel this addressed the subject rather well. On the opposite hand, many adults can’t perceive pyramid schemes, so I will be able to’t be expecting the Teen Titans to show children this advanced subject. As same old, my spouse is right kind and it’s simply my very own intensive writing that artificially raised expectancies.

There’s in truth an excellent description of a pyramid scheme on this 2 minute clip:

The key cash quotes virtually at all times come from Robin and that is no other:

Robin: This is a pyramid scheme!… Not that more or less pyramid! A pyramid scheme is an unsustainable industry type, that guarantees bills to contributors, in accordance with the volume of extra other folks they sign up within the industry, as an alternative of specializing in the sale of products or products and services to the general public… As you’ll be able to see right here, the exponential expansion of the “business”, will in the end motive all the operation to cave in, leaving the contributors on the backside of the pyramid bankrupt, whilst the ones on the best stroll away wealthy…

Starfire: I do have the query. Did the mummies construct the pyramids?

Robin: There are not any mummies! It’s now not a literal pyramid!

Almost everybody in MLM doesn’t perceive this idea and nonetheless move conferences to discover ways to display the plan or sign up other folks within the industry. In reality, the individuals who take advantage of cash in each and every MLM are the individuals who have the most important downlines of enrolled other folks, now not gross sales of products or products and services to the general public.

Beast Boy joins and makes Pyramid Scheme cash which results in this superior music:

Of direction the remainder of the crowd (sans Robin) need all of the cash, so Beast Boy enrolls them as “money deputies” with himself as a “money sheriff.” Robin warns them, “You are participating in a fraudulent business” and “This pyramid scheme is going to leave you broke, Titans.”

Everything spins out of regulate and will get jumbled together with mummies in need of their a reimbursement and the Teen Titans now not with the ability to ship. They get out of it with some foolish stuff that doesn’t make sense, however by way of this level, they’ve addressed the subject quite smartly.

Once once more, you’ll be able to discover a transcript of the episode right here

Final Thoughts

I in point of fact don’t understand how a lot monetary knowledge my children are soaking up from this, however I do know that they take into accout just about the entirety they see.

I’ve watched my proportion of cartoons and I will be able to’t recall to mind every other basic cool animated film that covers part of the monetary subjects in Teen Titans Go! There are nonetheless numerous episodes that I haven’t observed, so I may have overlooked a couple of cash courses.

Where are the sudden puts you’ve discovered cash courses? Let me know within the feedback.

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