Tuesday, August 30, 2011

Financial IQ: Do superheroes care about money?

Cover of "Spider-Man (Full Screen Special...Cover via Amazon
Financial IQ Philippines Quick Hit(s):

Even superheroes have to plan their financial journey.  :)

It is essential to grow our investments so we can make money work for us during the retirement years.  While we are building our wealth (via investments), we need to secure our income generating selves by ensuring we are properly protected for life's unexpected circumstances.


Question: Will there ever come a time when money will not be an issue in one’s life?


Answer: Since parents are nothing less than superheroes to their kids, why don’t we answer this question from the point of view of comic superheroes?


Both Iron Man and Batman were rich beyond the wildest dreams of ordinary citizens. They were both born rich and remained single. And they stayed rich because their immense wealth only earned more money. Making money for them was just secondary to fighting crime.


In contrast, Superman and Spiderman earned a meager living. Both Superman and Spiderman had to support themselves through the salary of newsmen still on the rise. Additionally, Spiderman had to take care of Aunt May.  The only difference is that a super being like Superman would probably not need to eat and that the job he takes is just for show, to mask his true identity. As an aside, how in the world can people around Superman not recognize him with just the additional eye glasses and a regular business suit as a cover?  At least Spiderman, Iron Man and Batman wore masks.


Peter Parker aka Spiderman is one of the two poorest of the four superheroes in our list. He was orphaned just like the other three.  Spidey was neither born rich nor powerful. A simple accident wherein he was bitten by a radioactive spider gave him super powers. He could afford only a bike to get him to and from work when he was not swinging between buildings. He actually made his own superhero costume by hand and made a living being a news photographer and occasional pizza delivery boy. So did he worry about money? You bet.


With the exception of Spiderman, it seems that superheroes that are rich or immortal do not need to worry about money, or do they?



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