Animal Crossing: New Horizons is all fun and games, but it also has valuable lessons about our Bells—er, money—that we can all learn from.
Qualifying for a mortgage with Tom Nook may come with less paperwork than a real financial institution, but this debt stays with you and you must pay it back eventually—just like a real-life mortgage. In New Horizons, you’ll want to pay off your mortgage before you take on additional debt from the neighbourhood tanuki and that’s not too different from the real world either.
Like buying turnips, investing in stocks IRL can be exhilarating, but you’re not guaranteed a return on your investments. So, when Sunday rolls around, make sure you have a solid plan before you invest your hard-earned dollars (or talk to a credit union expert!).
Debt comes in all shapes and sizes. If you’re looking to remodel your house in hopes of winning a coveted Happy Home Academy award or re-build your deck for patio season, it’s important to budget and save your money accordingly before you dive too far in.