Eps 1: Dave Ramsey's effect on cinema
— The World of Randomness and You
The 10 minute podcast discusses how Dave Ramsey, a financial advisor, has had an unexpected impact on cinema. The podcast starts off by giving an overview of Ramsey and his approach to personal finance. It then goes on to explain that a mobile game, "Hotel Hideaway," includes a character based on Ramsey. The character offers players advice on how to save money and adopt smart financial habits. The podcast also highlights how Ramsey's message has made its way into movies. It explains how "Nomadland," a film about a woman who becomes homeless due to financial troubles, references Ramsey's financial advice. The protagonist, Fern, is given a copy of Ramsey's book by a fellow traveler. The podcast suggests that this inclusion suggests how Ramsey's message has become a part of the mainstream conversation around personal finance. Overall, the podcast outlines how Dave Ramsey has had an unexpected effect on popular culture, and how his message of financial responsibility has become part of the cultural conversation.
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Host
Priscilla Alvarez
Podcast Content
One of the key tenets of Ramsey's philosophy is living within your means. This idea is reflected in a growing trend in Hollywood of making low-budget films. These movies, often referred to as "micro-budget films," typically have a budget of less than $1 million. The idea behind these films is to minimize risk by keeping costs low. This approach has been successful in recent years, with many micro-budget films earning critical acclaim and box office success. One such example is the horror film "Get Out," which was made for just $4.5 million but went on to gross over $255 million worldwide.
Another way that Dave Ramsey's philosophy has affected the film industry is in the rise of independent films. Independent films are typically made outside of the major studios and are financed by smaller production companies or even individual investors. These films tend to have smaller budgets and are often more experimental in terms of style and subject matter. The success of independent films has been steadily increasing in recent years, with more and more films being showcased at major film festivals like Sundance and Cannes.
One of the reasons for this rise in independent films is the increasing availability of crowd funding. Crowd funding is a way for filmmakers to raise money for their projects by asking the public for donations. This approach has become more popular in recent years, with sites like Kickstarter and Indiegogo helping to make funding easier to obtain. The concept of asking for donations from the public may seem risky, but it's actually a great way for independent filmmakers to get their projects off the ground without having to rely on studio financing or other traditional forms of funding.
Dave Ramsey's emphasis on budgeting and avoiding debt has also had an impact on the way that films are marketed. In the past, studios would spend millions of dollars on marketing campaigns for films, often relying on big-name stars and expensive advertising campaigns. However, in recent years there has been a shift towards more cost-effective marketing methods. For example, social media has become a powerful tool for promoting films, with many studios using platforms like Twitter and Instagram to reach their audiences.
Another way that studios have been cutting costs is by using online streaming platforms like Netflix and Amazon Prime. By releasing films directly to these platforms, studios can avoid the high costs associated with theatrical releases and can reach a wider audience through online streaming. This approach has been successful, with many films garnering large audiences through online streaming.
Overall, Dave Ramsey's philosophy has had a significant impact on the film industry. His emphasis on budgeting, living within your means, and avoiding debt has led to a rise in low-budget and independent films. The popularity of crowd funding and online streaming has also helped to make it easier for independent filmmakers to get their projects off the ground. While it may seem like a small thing, Dave Ramsey's influence has helped create a more sustainable and cost-effective film industry, allowing filmmakers to focus more on their craft and less on the financial side of things.