7 Surprising Money Tips from Famous TV Shows
2) 10% of Every Paycheck in the Bank
In an episode of Friends, Monica loses her job and is struggling to pay her bills. Her brother Ross suggests that she goes to her father for a loan, and he reminds her of his mantra. 10% of every paycheck goes into the bank for savings and he tells his daughter that she should dip into her savings. However, Monica chose not to follow the mantra and had no savings. The lesson is that your savings are there to be a safety net for when you need it and it should come out of every paycheck as if it were any other bill.