Further lessons in financial responsibility from Schitt’$ Creek

“You must prepare for life, and whatever it will throw at you.” – Moira Rose

When the Rose family lost their wealth and grand estate, they were turned out into the cruel world of the working class with nothing but the designer clothes on their backs. From living an extravagant (if disconnected) life of dazzling couture to sharing two rooms in a roadside motel, their journey is littered with lessons about achieving financial responsibility.

The Roses’ hilarious and heartwarming efforts to gain financial security may sound like the stuff of TV drama, but it’s a struggle many of us can relate to.

The stress of feeling like you don’t have direct control over your finances can be overwhelming. For more than half of Americans, achieving financial stability is about gaining the sense of security that comes with knowing an unexpected expense won’t completely destroy financial plans. In fact, a recent survey found that less than half (41%) of American adults have enough savings to pay for a $1,000 emergency room trip or car repair. Another 37% of respondents said they would need to borrow money to cover the cost.

 

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