It’s been a few years since Saturday Night Live produced this skit — and boy, has a lot changed in the global economy since 2007 — but its message will still make anyone interested in personal finance giggle.
Starring Steve Martin and Amy Poehler as a frustrated couple in debt, the video hawks a free one-page book titled Don’t Buy Stuff You Cannot Afford. (The sequel, Seriously If You Don’t Have the Money, Don’t Buy It, is offered as a special gift.)
And while its intent is humor, the advice is sound. For (more practical) tips on saving up for a major expense, check out our Top 5 list on planning for a big purchase.