Once upon a time there were three little pigs that lived in the forest named Spending, Debt and Savings. Spending wanted the good life—so he decided to buy a 60” TV with a killer audio system, a stereo, an Xbox and build a pool among other things. After he finished buying everything he wanted for his house, he realized that he hadn’t really allocated enough money to build a house out of strong material (he was never able to distinguish his wants from his needs). He justified his spending by saying,
“My house will be made with straw. The straw is soft, so it’s flexible enough to bear the weight of all my equipment, and it will be able to hold it up with ease. I will quickly finish building my house, so I can go and play.” The middle brother (Debt) also wanted to live well (above his means), so he decided that his home would be made out of rosewood with ebony furniture. He borrowed money from the bank in order to buy the house he wanted, knowing he would not be able to pay it back. He justified this by saying,
“I can buy a lot of wood from an Indian importer on credit! He’ll give me a 10% discount if I buy more than $200,000 in timber. Can you believe that? The construction team that I hired will build the house with all the wood, so I will get to go out and play as well.”
The oldest (Savings) did not want to take any chances. He worked and saved penny by penny until he could build the house he always wanted: a brick house. He told his brothers,“Even if it takes a lot of work and effort my house will be strong and resilient, so I can be safe from harms way. I’ll build a fireplace to roast acorns and make broth for carrots.”
When the three houses were finished, the pigs sang and danced merrily.
All of a sudden, a hungry wolf emerged from behind the tree. Each pig ran back to their houses to hide.
The Big Bad Wolf went to the littlest pig’s straw house and said, “Little pig, little pig, let me come in.” To which the pig answered, “Not by the hair of my chinny chin chin.”
“Then I will huff and puff and blow your house down!” yelled the wolf. So he huffed and he puffed and he blew the house down. He blew until the straw house collapsed under the weight of all of the pig’s electronics. Everything the pig had purchased was broken–including his precious Xbox. The pig had spent most of his money on electronics and had failed to consider the necessary expenses of building a sturdy house.
The little pig ran as fast as he could, and hid inside the wooden house of his middle brother. “We will not be eaten by the Big Bad Wolf! He cannot enter the wooden house, the Big Bad Wolf!” the pigs sang.
The hungry wolf, feeling cheated and growing furious, arrived at Debt’s house. He growled, “I will huff and puff and blow your house down!”
He blew and blew, but the house stood strong. The wolf knew that the middle pig had not paid back his debts, so he waited until the bank foreclosed on the house. The wolf waited until the bank arrived and seized the foundation out from under of the house.
The wolf huffed and puffed again. The wood creaked and the walls fell. The two little pigs ran to take refuge in the eldest brother’s brick house.
Now, the wolf was incredibly angry and starving, so he wanted to eat the little pigs more than ever. Outside of the door he bellowed, “I will huff and puff and blow your house down!”
He began to blow as hard as the winter winds. He blew and blew, but the small brick house was very strong, and the wolf was unable to achieve his purpose. He decided to climb up the wall and enter through the chimney. He slid down and fell into the cauldron where the oldest pig’s carrot soup had been boiling.
The wolf escaped with an empty stomach and severe burns, and his terrible screams were heard throughout the forest. Savings scolded his two brothers for being irresponsible and endangering their own lives by making terrible financial decisions. Luckily, the two youngest pigs learned their lesson. They worked really hard and rebuilt their homes with sturdy materials. The three little pigs never the the wolf again.
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