Finance

Some movies and documentaries about money worth watching

Who told you can't learn and watch a good movie? Here are some examples where you can learn a lot about money and economy.

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Money is a subject that many people don’t have the time or the patience to read about it. However, if you put it in a movie or documentary, odds are that not only they will watch it all, but also absorb most of the information.

So, in this article, we are going to be looking for some movies and documentaries about money that perhaps may save your financial life.

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Too Big to Fail

A book with the same name served as the inspiration for the HBO film Too Big to Fail.

It covers the tale of the 2008 recession, more especially, why the American government spent billions saving automakers and financial institutions from collapse.

This documentary provides excellent insight into how the American economy functions and perhaps answers some of your questions about significant economic events you’ve experienced.

Inside Job

One of the best-produced and most enlightening documentaries about the 2008 housing and banking financial catastrophe is Inside Job. The film took home the best documentary picture Oscar in 2010.

The film, which is divided into five sections, walks viewers through the U.S. banking practices and legislative changes that contributed to the worldwide financial crisis.

It begins by outlining how the economy was positioned for failure, how the bubble built from 2001 to 2007, how the crisis occurred in 2008, and who was responsible for the disaster before concluding the aftermath.

One of the most significant films for financial professionals is this one.

Understanding the history of one of the worst financial crises allows one to learn from past errors and predict when something similar might occur again in order to prevent it from happening in the future.

The Wall Street saga

This film explores greed and the lengths to which some individuals will go to satisfy it. Michael Douglas, Charlie Sheen, and Martin Sheen all do outstanding acting.

Wall Street: Money Never Sleeps is the sequel to Wall Street, featuring Michael Douglas and attempting to educate viewers about the 2008 financial crisis.

Even though not all of these films will apply to your own financial situation, they are all undoubtedly fascinating and eye-opening.

 You’ll at the very least take pleasure in your leisurely weekend!

25 Million Pounds

Watch 25 Million Pounds to hear the actual tale of British trader Nick Leeson, who began his career as a Morgan Stanley clerk before going rogue and bringing down the venerable Barings bank.

Money belonging to the wealthy elite, including the Queen herself, was kept in this bank. The genuine event was so captivating that it also served as the basis for the Ewan McGregor-starring movie Rogue Trader.

Finance experts have the opportunity to gain insight into the thoughts of someone who dealt with dishonest traders and even engaged in fraud himself for 25 Million Pounds.

The interviews shed insight on Leeson’s association with trader Kweku Adoboli, who was convicted of engaging in illegal transactions that resulted in a $2 billion loss for the Swiss Bank UBS.

Maxed Out

A large portion of the narration in this 2006 documentary about credit card debt comes from everyday individuals discussing how their credit card debt has affected them.

 It explains how credit card corporations generate enormous profits by preying on lower- and middle-income people.

Since the release of this film, the credit card business has seen some changes, most notably thanks to Obama’s 2009 credit card reform bill, but many things have remained the same.

This documentary will change the way you think about credit if you’ve ever been tempted to use it like free money.

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