You know your Dave Ramsey, money-saving ways are really ingrained when they interfere with your enjoyment of a mindless ‘chick flick’!
The Movie: ‘Magic Mike’ – about a Chippendales-style dancer by night and construction worker by day
The Conflict: Wants to start his own furniture business, can’t get a loan
The Economics: Movie implies he clears $300 a night, apparently not paying taxes, works construction by day. Net = $ 90,000+ a year
Savings: $ 13,000, cash
Mike is an experienced dancer and over 3-4 years of dancing he is averaging 4% savings or less! Awful. Dave Ramsey would say he has a lifestyle problem, not an income problem. Magic Mike, time to sell that expensive pickup truck, you don’t need it to impress the ladies. Fix your credit and start paying Uncle Sam his portion of all those ones and fives you are bringing home every night. Get yourself a written budget and start packing a PB&J along with your stars-and-stripes thong when you go to work at night. Cut back on the club scene drugs and relax with a Microsoft Excel budget and some wine-in-a-box after a night of dancing. Now, that’s a story-line I can get behind!