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My friend’s 10-year-old son already knows the important rules for handling money. Surprisingly, he got them from Harry Potter

At the moment, Joanne Rowling is one of the richest authors in the world. Her incredibly successful Harry Potter franchise brought her an incredible amount of money, so now the net worth of the writer is equivalent to a billion dollars.

The story of a young wizard, possessing strength and ingenuity, conquered the whole world and there are a lot of explanations for this. However, along with magical mythology and witching humor, the series of books also invites its readers to learn some subtle tips for managing their own finances. Be sure to check them out.

Always believe in yourself

When Rowling first started sending the first Harry Potter book to various publishers, she was refused many times. However, she did not give up, because she realized that she really wrote something incredibly amazing. Here she was exactly right. Such a belief in oneself was completely paid off, since before the publication of her books the woman was practically ruined.

Do not play with your money

Some Rowling characters in the book give tips on financial management. The once famous businessman Ludo Bagman was very fond of gambling. This led to his financial troubles. When he lost his bets at the Quidditch World Cup, he tried to pay off part of his debts with Leprechaun gold. However, the deception was able to quickly reveal. Bagman did not have enough money to cover his debts, so he made another bet on the tournament of three wizards. By the way, he also lost it, so he was forced to flee from creditors.

Remember that money cannot buy respect

Members of a wealthy Malfoy family had power, influence, and a myriad of money. Representatives of this family, known for their cunning, were in constant striving for power and wealth, and on the way to their goal they were ready to do everything they could. For example, Malfoys often financed the election of candidates for magic ministers, in order to later influence them.

Easy money is too good to be true

At the Quidditch World Cup, spectators were incredibly excited when it started to rain out of golden galleons. They thought they could get easy and free money, but in practice this turned out to be a hoax, as the gold of the leprechauns very quickly disappeared.

Plan for the future

James and Lily Potters were killed by the Dark Lord just at the age of 21. Fortunately, they were prepared for the unexpected and kept their fortune intact in the crypt to Gringotts for their only child. Leaving him all the heirs, the Potters guaranteed that the boy would never have to worry about money.

Keep money in a safe place.

Gringotts is a bank that is known throughout the wizarding world for its security. In the entire history there were only two known hacks, the first was unsuccessful, but the second was carried out by Harry Potter himself with the help of a dragon.

As written in Harry Potter and the Deathly Hallows: “Gringotts was the safest place in the world if you wanted to hide something, with the possible exception of Hogwarts.”

Currently, this lesson can affect the choice of the bank - always choose a financial institution that has insurance and a good reputation for many years.

Avoid the obsession with money

At one point, the Weasley twins were passionate about getting enough money to open their own joke store.Their brother Ron even suspected them of blackmail.

Find the right investors

In the end, Fred and George Weasley managed to open their dream store. They did this with the help of a Harry Potter win in a thousand galleons, which he received as the winner of the Three Wizards Tournament. In exchange for credit, Harry could take everything he wanted from the store.

Live within your means

With seven children, Arthur and Molly Weasley were considered a very poor family. Nevertheless, the mother of the family was able to maintain a small family budget, buying used clothes instead of new ones and preparing delicious dishes.

People are willing to do outrageous things for money

The tournament of three wizards was previously canceled due to the large number of deaths among the participants. Therefore, when in 1994 it began to be held again at Hogwarts, a number of restrictions were imposed on the participants. First of all, only those students who came of age could participate. Fred and George even drank an aging potion to participate in the tournament, but all their attempts were thwarted.


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