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5 money lessons from ‘Full House’

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Money lessons from Full HouseThe catchy theme song, the red front door, the music that hinted you were about to learn an important life lesson … “Full House” fans remember it all. Here are five money lessons you may not realize the TGIF classic taught you that could have your wallet saying “You got it dude!”

1. Being careless with cars has serious financial consequences

In an episode that my sister and I still quote to this day (“There’s a CAR in the KITCHEN”), Stephanie crashes Joey’s beloved classic car into the Tanner family kitchen. (Seriously Stephanie? You try to turn on the radio by putting the car in gear? SMH). But honestly, anyone who has been in an accident can tell you that your insurance rates, not to mention your dad, will go through the roof afterwards.

A 2013 study found that a single “at fault” claim increases a driver’s annual car insurance premium by an average of 38 percent. Besides that, don’t forget to factor in the towing expense of having the car removed, the home repairs and the cost of having your car fixed or replaced. If only Stephanie could have had an iPod back in the day.

2. Friends living in your house = free babysitting

According to the Bureau of Labor Statistics, a childcare worker is defined as someone paid to “provide a variety of tasks, such as dressing, feeding, bathing and overseeing play.” The mean annual wage for a childcare worker in California, where the Tanners reside, was $21,310 in 2012.
Uncles Jesse and Joey weren’t paid a nickel for watching those little rug rats. So on top of making what I would imagine was a pretty good living as a host on “Wake up San Francisco,” if ‘Full House’ took place in the present day, good ole DT would be saving a bundle by having free babysitting at his disposal. To be fair, he did let everyone live in his house for free, so I suppose some on-the-house child care is a small price to pay. Or not pay. You know what I mean.

3. Your obsessive cleaning habit may save you money

You would have to imagine that a household of 9 (plus Comet the dog) would get dirty in a hurry. Many a man would outsource to a housekeeper, but not Danny Tanner; “Full House” fans will remember Tanner as a clean freak (he named his dog after a cleaning product, for goodness sake). But while it might have gotten on everyone’s nerves, it probably saved him from having to pay the $10.49 an hour Americans pay on average for housekeeping.

Still, you have to ask yourself: In the long run what would cost him more? A housekeeper or constantly replacing all of those cleaning supplies he goes through?

4. Increase your income by getting a second job

As of December 2013, nearly 7 million Americans were holding down two jobs, according to the Bureau of Labor Statistics. Joey and Jesse took that tactic to the next level. The duo hosted a radio show together, but that wasn’t all. Joey was a stand-up comedian and the host of the Ranger Joe Show. Jesse owned the Smash Club and was the front man for a little band called Jesse and the Rippers. Hopefully the guys put some of that dough away for retirement!

5. Coupons and buying in bulk are a great way to offset grocery costs when your daughter’s boyfriend has an insatiable appetite

D.J.’s boyfriend Steve was as ravenously hungry as he was a dreamboat. I completely understood why D.J. would want him hanging around all the time, but that appetite had to be a disaster for Danny’s wallet. According to the USDA, the average male on a moderate budget aged 14 to 18 eats $69.50 worth of groceries a week, and Steve wasn’t even part of the family.

The only way this would fly is if Danny was either confiscating Steve’s lunch money on the side or if the weekly circular was his best friend. Perhaps the eldest Tanner had the same affinity for extreme couponing that he did for cleaning?

See everyone, we were learning and we didn’t even know it! What lessons did you take away from “Full House”?

(Photo and all videos: Warner Brothers)

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5 Responses to “5 money lessons from ‘Full House’”

  1. adam carolla fan says:

    great article.

    well, i can’t do stand up like joey nor play an instrument like jesse, but i am one of the 7 million americans that have a 2nd job. i buss tables at this fancy schmancy restaurant. i get paid 8.00 an hour plus tips (ranging from 30-50 a night), and the tips are TAX FREE!!!!!

    the PT job creates an opportunity cost, but in the end it’s worth it. plus, i love blue collar grunt work!

    postscript – i had the hugest crush on stephanie (the middle daughter) growing up!

  2. Tricia Fiebs says:

    I saw DJ Tanner at the restaurant where Melinda was as a hostess in high school. Haha!

  3. Marie @ 4HWD says:

    They really have a good point in there! I don’t have any idea about Full House but obviously it was a very good show.

  4. Will Murphey says:

    I think the girls were very fortunate to have an extended family in the house, money couldn’t buy that kind of love. Great show!

  5. Alana says:

    I couldn’t agree more Will!

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