Squid Game: What it teaches us about money

Learning Objectives

• To discuss the history of South Korea and why so many of its people are in deep trouble with debt.
• To analyze the current financial situation of Canada and the US by reviewing their latest financial statements.
• To explain tips on securing the best salary and benefits in a full-time job.
• To inspect how to get consulting gigs online.
• To analyze how to get your credit report and score for free and how to improve your score.
• To discuss why you should stick to term insurance and avoid costly permanent insurance.

Course Description

This Online CPE/CPD course will discuss the many important financial lessons we can learn from the Netflix show “Squid Game.”

We’ll start with a brief history of South Korea, where the show takes place and an analysis of why many of its people have ended up in such a disastrous debt situation. We’ll also meet the main characters in the show so we can learn lessons from their mistakes. 

We’ll look at how the government and central banks control the economy through fiscal and monetary policy and take a detailed look at the financial situation of Canada and the United States by analyzing their latest financial statements. And we’ll compare Canada's financial health as measured by its debt-to-GDP ratio to other countries including South Korea and the US. We’ll also discuss employment versus the gig economy because all the players have the same problem - no secure job!

In addition, we’ll cover everything you need to know about personal debt including how to find out and improve your credit score, how to get out of debt, as well as whether RRSPs are a better option than paying off debt including a look at the RRSP Versus Pay down Debt calculator spreadsheet that comes free with the course. There is also a section on the housing decision including a look at the House Rent Versus Buy Analyzer spreadsheet that you also get free.

The CPE finance course will also delve into the question: Does money buy happiness? After all, the players in the game don’t have any money and are in deep trouble with debt, and are all miserable as a result. And lastly, we’ll get into the importance of risk and insurance planning including the best ways to insure your life and income.

Overview

• South Korea current situation

  10 mins
• The current environment fuels the problem

  24 mins
• Fiscal policy

  42 mins
• Get hired back on contract

  92 mins
• Find out how much you have

  121 mins
• How they determine your credit score

  149 mins
• Simple for investments

  195 mins
• Main purpose of life insurance

  224 mins