Among the friends, Monica is the weakest at spending money efficiently and with discipline. She is remarkably clean and tidy, energetic, passionate and loyal to her friends. Over the show's 10 years, Monica changed jobs and worked successfully as a restaurant's head chef, but she made several poor choices with her finances.
Let's look at what we can learn from what happened to Monica.
You could lose your job at any time, so be prepared.
After Monica was fired, she didn't have enough savings, so she had no choice but to borrow money from her parents. She wasn't financially ready to suddenly be without a job or income. Because of this, Monica was under a lot of stress while looking for a new job, and in the end, just to have an income, she took a job she didn't want as a waitress at a fifties-style diner.
Don't count on your parents to solve your money problems. They might have bought a beach house with the money they saved for your wedding 😂
Counting on your parents to help or lend you money every time you need it can be very risky. Monica hadn't set up savings for her wedding, and when she wanted her dream wedding, she needed money. If Monica had been saving her own money, she might not have ended up in that situation. On top of that, insisting on spending all the money your fiancé has saved on the wedding is a questionable decision too.
Don't make purchases beyond your means.
Monica once buys a pair of boots that cost more than her rent, but soon realizes she made a very bad decision. Another time, when Chandler was out of work for a while, the couple didn't plan some things well, ended up spending more than they earned, and had to borrow money from Joey.
Finally, if you have no financial knowledge, don't turn to stocks, bonds or crypto exchanges just because you're bored
