Tag Archives: The Warriors

Fiscal Gentleman Are Tailor Made: Money Lessons From Keanu Reeves John Wick

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Fashion is the vocabulary of the wealthy. – Evan R. Lawson, Royal Pains

Keanu Reeves is arguably one of the most stylish and successful actors of a generation. His latest film John Wick 3: Parabellum earned over $300 million dollars at the box office spawning another sequel from Lionsgate for a John Wick 4 coming on May 21, 2021. So if you haven’t heard the news already then you’re hearing it here first! BREAKING NEWS: John Wick 4 is coming!

His hugely successful career has made him a bankable action star with an estimated net worth of over $350 million.

Let’s find out out millionaires are minted and tailor made.

There are three John Wick movies, so I will give you three money lessons.

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The Continental in New York
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Lesson One: If you’re going to do something, then you may as well look good while doing it I love this Buzzfeed interview with Keanu Reeves or KR as they refer to him. It is a film about suits. A ballet of bullets. Those suits are pristine mortuary chic.

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Custom made finely tuned works of art in clothe. It adds to the prestige and dark mystic of the film.

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The costuming and fashion is top notch. Definitely reminds me of suits I have seen on other men that come straight from suit designer to the stars Savile Row in London England.

Savile Row, founded by Henry Poole in 1846, bespoke suits are so popular that shops in that district have received the Royal Warrant (seal of approval from HRH the Queen of England or Prince Charles) to outfit the royals and all those who wear a crown. Getting a thumbs up from The Crown of England is no small feat as you have to be the top 0.01 percent of your craft.

Savile Row is the world’s most famous suiting street as reported by Maxim where suits on Savile Row can start at $5,000.

And speaking of Maxim, the magazines late founder Felix Dennis had some great advice on money. Considering he was worth an estimated $400 million, I would say listen to what he has to say.

The top financial advice he offers is to always pay your taxes. In addition, he states the following:

“To become rich you must be an owner. And you must try to own it all. You must strive with every fibre of your being, while recognising the idiocy of your behaviour, to own and retain control of as near to 100 per cent of any company as you can. – Felix Dennis, How to get rich “

If it flies, floats or fornicates, always rent it. It’s cheaper in the long run.” ― Felix Dennis

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Now back to the suits.

The suits designed for this movie are no exception. They almost take on a life of their own. This movie would make Barney Stinson (Neil Patrick Harris or NPH for short) of How I Met Your Mother proud. He was known on HIMYM for constantly wearing suits and saying suit up.

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John Wick #1 or JW1
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JW2

One of my favorite things in this film are the manners. Everyone is respectful and well-mannered even when fighting or speaking with enemies. Parlay? haha This reminds me of that scene in the 1979 film The Warriors.

Anyway, I love a man in a suit. Any suit really. Or uniform. Uniforms means a man is employed. And a retired man means he has income. Wink, wink.

A man that can balance a check book, hang a suit (look good in it that is), and has great manners is my kind of guy! I’m just saying. Like any good host, in the film you regularly see people treat each other with human decency, courtesy, and respect.

Lesson Two: Save money and build up your savings muscle There’s my girl Halle Berry. You know in my previous post I wrote about why she and I continue to save so much.

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If you want to be a fiscal gentleman or lady, you must learn to invest your money.

You have to learn to move the needle on your savings and investment accounts the same way you do when you fill up on a tank of gas.

For more info on your girl Greenbacks Magnet money tips and tricks check out my interviews on the websites Financially Alert and Think Save Retire.

That is why I started with saving $1 a day and slowly went upwards to $13,333 a year. Now that is what I call upward savings mobility. It took years to do this. You think Keanu can do all those stunts without proper training?

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I once read in a magazine interview that he said to pull off The Matrix stunts he had to do two hours of stretching. It took months of work and preparation including weapons and martial arts training.

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A retrospective look back at Keanu.

1999: I need guns. Lots of guns.
2017: I need something Robust… Precise.
2019: I need guns. Lots of guns.

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Man has he evolved. haha

Therefore, you need to understand that it could take years to build your fortune. You must have patience or it will eat you up inside to try to get rich quick.

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Lesson Three: Make sure you have a safety cushion and that people owe you a favor because time is always of the essence

One the most intense parts of JW3 is his constant looking at his watch in the beginning of the film. As time is ticking by and he is in short supply of it.

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The intensity and emotions you feel in those scenes are the same way I want you to feel when it comes to paying off debt. It must go.

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Another part of this film I like was when you saw he had a stash of things he needed hidden in a book at the library. This is classic if you don’t want people to find something, then hide it in the books rhetoric.

It is always good to have a hidden nugget or money stash just in case. I explore that topic further in my post on Disney’s film National Treasure and Money Lessons I Learned From Scrooge McDuck.

And last but certainly not least, always make sure someone owes you a favor. I am known to help people out and at times ask for a favor in return.

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Life is about building relationships, or so Ryan Reynold’s character Van Wilder says; therefore, it is in your best interest to help your fellow man. There may come a time when you need to ask for help.

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People are 90 percent more likely to help those that have previously helped them in the past. So if you get a chance help others because remember that time in finite and you must show people today how you feel as tomorrow may be too late.

Good luck on all your money endeavors!

I’ll be seeing you.

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Mega Millions win or bust

Here’s something to think about: How come you never see a headline like ‘Psychic Wins Lottery’? – Jay Leno

Are you feeling lucky? Well, do ya?

If so, well then playing the lotto might just be for you.

But like Katniss, the odds may not be ever in your favor.

It has about two weeks since the largest jackpot in Mega Millions history was won by a single ticket to the tune of $1.537 billion dollars!

All over the country it was Powerball and Mega Millions fever.

Everywhere I went people were talking about the lotto. Some people even tweeted about what they would do if they won.

I get it. You win the jackpot and your financial freedom. You’re on cloud nine.

However, you have to plan your escape from the rate race whether or not you win the lottery.

If you want to get rich, either by picking winning numbers or otherwise, you better learn quick how to manage a fortune.

Here’s why.

CHANCES OF WINNING

Are pretty slim.

According to Fortune magazine, the odds of winning the lottery are about one in 300 million. Considering that there are over 326 million Americans, that makes your odds quite small.

If you want to close this gap, you will have to increase your scope of numbers to play and play more often.

It’s not enough to do the kids birthdays or your anniversary. Going to have to get creative. You need the locker combination to your high school locker, your kids Xbox password, your great-aunt’s wedding date, and your first love’s old address. You know, something like that.

But all jokes aside, you will have to increase your range of numbers to increase your odds of winning.

In addition, you will have to play more often.

It has been well-documented that people who win the lottery once are likely to win it again.

The problem with this is that you also increase the amount of money you lose while playing the game.

LOTTERY WINNERS GO BROKE

Get rich or die tryin’. – 50 cent  

Did you know a high percentage of lottery winners end up broke? According to the National Endowment for Financial Education, 70 percent of lottery winners go broke.

I have a theory.

If you are unable to manage balancing your check book with $1k, then it is nearly impossible to do it with $1B.

I feel like it is.

But, if you saw  Justin Timberlake in The Social Network, you know he says, “you know what is cool? A billion dollars.”

They say the first million is the hardest. Well, try wrapping your head around a billion!

Even billionaire T. Boone Pickens thinks that it is too!

That’s a whole lot more zeroes you are working with. If you don’t know what PEMDAS stands for (Please Excuse My Dear Aunt Sally), you are in trouble.

You must first learn the rules of money, if you are to win the game. See my posts for more on how to build up your wealth knowledge bank.

Forget casinos, bet on yourself

The six ways to get rich

Money Lessons I learned from Scrooge McDuck

How Millennial Money inspire me to start saving $13,333.06 a year

STAY GROUNDED

“Using money you haven’t earned to buy things you don’t need to impress people you don’t like” – Robert Quillen

I have seen too many lottery winners go bankrupt. You win all that money just to go back to being broke! No, thanks.

Forget your friends and family telling you to spend. Do not inflate your lifestyle and then upgrade it even more after moving to that gated community in Beverly Hills. You do not need to outspend your neighbors.

3 Rich Habits of Millionaires

You can still drive a Honda. The kids can still get jobs. If you think that it is taking away an opportunity for someone else to work for a needed paycheck, then let junior volunteer.

That was the advice Fran gave Mr. Sheffield in The Nanny.   He wanted to teach his daughter about responsibility and the value of money. So, in S02E21 Maggie became a candy striper at a hospital.  Great advice.

Fun Fact: In the S02E08 of Gilmore Girls,  Rory gets in trouble at school. It just so happens that one of her schoolmates in that episode was none other than Mr. Sheffield’s youngest, Grace, played by actress Madeline Zima. You can see her in the blue sweater walking behind Rory in this clip.

My advice to anyone who comes into large sums of money whether by inheritance, large windfall, bonus, or lottery is to stay humble.

Read my posts for lessons on eating humble pie:

How Dave Grohl turned passion into profits

Money Lessons I learned from Aesop’s The Ants and the Grasshopper

Money and Life Lessons I learned from Mr. T

Life Lessons I learned from The Warriors

The Greatest Assets are people

HOW TO MANAGE ALL THAT MONEY

You have to ask yourself after winning the lottery: How are you planning to manage all that cash?

You need a team to help you manage all that money. A circle of trust, like in Meet the Fockers.

I have a few suggestions.

  • Set up a trust to stay anonymous
  • Get a financial advisor
  • Hire an intermediary to answer requests for money on your behalf
  • Set a daily, monthly, annual spending limit
  • Hire an attorney
  • Take the lump sum
  • Create your own annuity with a spending budget
  • Hire a CPA
  • Learn how to manage money
  • Understand your tax liability

BUY STOCKS INSTEAD OF LOTTERY TICKETS

I would much prefer people spend their money wisely than to bet it on chance.

You could invest your money instead of throwing it down on the roulette table. If you are want to be a part owner of Caesar’s Palace, instead of merely placing bets at one, you can buy REIT’s or mutual funds.

Even better, you can buy index funds that includes hundreds of stocks that track a benchmark such as the S&P 500.

Every dollar you invest can possibly be turned into two or three dollars.

Source: familyfinancefavs.com

Not sure what all this is? No problem. Go down to your local library and ask for books on personal finance. You can also look up any words you are unfamiliar with online.

In addition, you can read blogs, listen to podcasts, join investing clubs, get a job in banking, take a few online finance courses, or ask friends and family for book recommendations.

Many books offer book recommendations in the appendix.

All you have to do is be willing to do some homework.

Trust me, it’s worth it.

When your one-day sitting on a beach in Hawaii, sipping cocktails and able to get up at noon just because.

Your future self will thank you.