Friends' star Matthew Perry passes away: Five money lessons to learn from Chandler Bing

Matthew Perry, the actor who played Chandler Bing on the hit sitcom Friends, passed away on October 28, 2023 at the age of 54. Perry was a talented actor and comedian, but he was also a financial expert. Chandler Bing was known for his sarcastic sense of humor and his love of money, but he also had a lot of wisdom to share about financial matters.

Here are five money lessons that we can learn from Chandler Bing:

1. Save money early and often. Chandler Bing was a big believer in saving money early and often. He even had a catchphrase for it: "Save money like there's no tomorrow." Chandler knew that the earlier you start saving, the more time your money has to grow.
2. Invest for the long term. Chandler Bing was also a big believer in investing for the long term. He knew that the stock market can be volatile in the short term, but that it has historically trended upwards over the long term. Chandler invested his money in a diversified portfolio of stocks and bonds, and he never panicked when the market took a downturn.
3. Live below your means. Chandler Bing was a big believer in living below your means. He knew that the best way to save money is to spend less than you earn. Chandler lived in a modest apartment, he drove a used car, and he didn't spend money on unnecessary things. 
4. Avoid debt. Chandler Bing was also a big believer in avoiding debt. He knew that debt can be a financial burden, and he did everything he could to stay out of debt. Chandler paid off his credit cards in full each month, and he didn't take out any loans unless he absolutely had to.
5. Have a plan for your money. Chandler Bing was a big believer in having a plan for your money. He knew that setting financial goals and tracking your spending is essential for financial success. Chandler had a budget, he saved for retirement, and he had a plan for his money in case of an emergency.       

Chandler Bing was a fictional character, but his financial wisdom is real. If you want to achieve financial success, follow Chandler's five money lessons:

1. Save money early and often.
2. Invest for the long term.
3. Live below your means.
4. Avoid debt.
5. Have a plan for your money.

By following these five money lessons, you can put yourself on the path to financial success. And you'll be one step closer to living like Chandler Bing.