Feel like winter is coming? 3 money lessons from Game of Thrones

Thought Game of Thrones was just another series with epic battle scenes, gratuitous violence and fire-breathing dragons? Think again - and hack your way to financial freedom.

The worldwide phenomena, based on the books of George R.R Martin, premiered its final season on Monday in South Africa and for the next few weeks, South Africans will no doubt be hooked to their screens as the final episodes play out.

But while you're at it, here are 3 money lessons from Game of Thrones.

1. Pay your Debts like a Lannister

While they are not known for their filial piety, the wealthy House of Lannister, which is known for its ability to maintain strength in the face of adversity always pays its debts. 

It is critical to remember that saving, honouring your financial commitments and budgeting become doubly vital to surviving the winter during a tough economic climate.

As the family's unofficial motto goes, "A Lannister always pays his debts." Be like a Lannister.

2. Mind the dragons

Another staple in the Game of Thrones franchise is the Targaryan clan, an elite family in Westeros known for their aggression, passion and their ability to breed and control dragons. The three-headed dragon also appears on the house flag.

When it comes to debt, rising expenses and non-essential spending, it is vital to keep control of the problem before it becomes a flying, fire breathing lizard that lays waste to your empire.

3. Don't 'know nothing' like Jon Snow

Any Game of Thrones fan knows that, as Ygritte the Wildling always says, "You know nothing, Jon Snow." Don't be the Jon Snow of your finances.

Know how much you earn, how much you spend and how best to budget. 

Knowledge is power and nothing sets a solid foundation for putting your finances in good stead quite like knowing your monthly and yearly income and expenses, whether your budget can accommodate them and planning well ahead of time.

ZAR/USD
17.70
(-0.20)
ZAR/GBP
23.15
(-0.44)
ZAR/EUR
20.81
(-0.02)
ZAR/AUD
12.66
(-0.18)
ZAR/JPY
0.17
(-0.24)
Gold
2032.20
(+0.29)
Silver
28.76
(+2.31)
Platinum
1001.00
(+3.93)
Brent Crude
44.49
(0.00)
Palladium
2303.00
(+5.25)
All Share
56757.73
(-1.56)
Top 40
52435.65
(-1.72)
Financial 15
9897.96
(+0.10)
Industrial 25
74671.49
(-1.98)
Resource 10
58948.78
(-1.89)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Do you think it was a good idea for the government to approach the IMF for a $4.3 billion loan to fight Covid-19?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes. We need the money.
11% - 941 votes
It depends on how the funds are used.
74% - 6281 votes
No. We should have gotten the loan elsewhere.
15% - 1293 votes
Vote