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Oscar Special: Movies & Money

February 24, 2008

Are you ready for tonight’s Academy Awards ceremony? I am.

I love movies and I love the Oscars. I credit, or blame when my personal picks don’t win or aren’t even nominated, my mother. She instilled a great love of film in me and one of my fondest childhood memories was how excited she was by Gregory Peck’s best actor win for "To Kill a Mockingbird."

A couple of years ago I convinced my then-employer,
Bankrate, that there is a legitimate connection between film and
finances. I’m not just talking about the millions it takes nowadays to
make a movie or the potential return of such cinematic endeavors or
even how much it costs you and me to get into a theater, not to mention
buy a Coke and popcorn!

I’m talking about what we can learn about money management from the movies, even films that don’t have a typical fiscal theme.

Money_messages_in_movies Well, I guess I made a pretty good argument or they were strapped for copy. Whatever, they let me run with my "Lights! Camera! Money!" idea. And it’s reposted today on Bankrate.

Remember, I wrote this a few years ago so you won’t see any of this year’s movies mentioned, but I think my choices back then are still worthwhile films with solid, and timeless, money messages.

So grab some snacks and settle into your favorite chair to see what financial lessons I gleaned from films like "Gone in 60 Seconds," "What’s Eating Gilbert Grape?" and "The Untouchables" by clicking here. There’s even an audio component — yep, that’s my mellifluous voice — as the last link (Flash version) in the right navigation bar.

I hope you enjoy my flick picks and associated money lessons. And I hope your favorites walk away with a statue this evening.

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The More Tax Posts tab at the top of this page will take you to, well, more tax posts. You also can search below for a tax topic. 

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TAX-SAVVY WAYS 
TO WRAP UP 2026

It’s over! With October’s extended filing deadline behind us, it is now time to focus on year-end moves to reduce your 2026 tax bill. 

You’ll find ways to do just that on the Tax Tips page (see the More Tax Posts drop-down menu at the top of the blog), as well as the separate tax tip pages for each month, notably October through December. If you’re on the Tax Tips page, you’ll find a monthly list at the end of this column. If you’re on another blog page, you can head straight to the October tips; at the bottom of that tips page you’ll find links to all the other 11 months’ collections of tax advice.

Not to spoil what you’ll find in that tax advice, but it does cover such things as tax deductions for charitable donations, investment moves that could reduce tax due, and ways to max out your tax-favored retirement savings. 

Finally, as the year winds down, things get hectic. There are lots of other things to occupy our time, like the much more fun upcoming holidays. But don’t lose sight of taxes, since timing is key. To be of use, most tax moves must be made by the end of the tax year. That’s Thursday, Dec. 31, which also is the last business day of the year. 

So that you don’t miss that final tax year deadline, also keep an eye on the countdown clock below. It will keep you on top of just how much time is left to make important, tax-saving moves. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

Comments
  • I also like “A Gun, a Car, a Blonde,” sort of like a private-eye movie, which teaches us just how satisfying writing a will can be. With no will, a character is not very likeable and doesn’t care about the protagonist, at least not well enough to listen to what he really wants, would have gotten all his money, instead of two really great people who will use the money in much better ways.

  • I know what a movie buff you are, and an environmentally concerned person, so as Earth Day approaches, I wanted to pass along a link to a good article that combines the two: “End of the Earth Day” — the 10 best movies movies in which the Earth ends. My personal favorite is the last: “The Night of the Lepus.” It’s a bunnypocalypse. http://movies.yahoo.com/feature/endoftheearthday.html

  • I have another fun film story for you, Kay:
    From Esquire, the five best (worst?) B-movie trailers ever: http://www.esquire.com/the-side/video/b-movie-trailers-050908.
    Can’t … stop … hummming … “Car Wash” … theme song …

  • i`m impressed about the content of this blog is awesome.

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