★ Bill Cosby on Budgeting

This video is one of the funniest I've seen on budgeting yet - and I've watched a lot of budgeting videos! ;) And coincidentally enough this is actually the first pilot episode of The Cosby Show too - pretty neat. So sit back, grab your coffee, and enjoy some good ol' fashioned family fun! [If you're reading this in an RSS feed, you can click here to see the video. Or read the transcript below which took me about 30 minutes to put together because apparently I thought it was worth doing, haha... Enjoy.]

Here's the transcript of the everything but the last part when my fingers got tired ;) CLIFF: How do you expect to get into college with grades like this? THEO: No problem... See, I'm not going to college. CLIFF: Damn right! THEO: I am gonna get through high school, and then get a job like "regular people" CLIFF: Regular people? THEO: Yea, you know, who work at a gas station, drive a bus, something like that CLIFF: So what you're saying is your mother and I shouldn't care if you get D's because you don't need good grades to be "regular people" THEO: Right! CLIFF: Suppose you graduate from high school - let's say you just slide by. Alright, now, you've got to find a job. Now, what kind of salary do you expect for a "regular person?" THEO: Umm... $250 aweek CLIFF: $250 a week? THEO: Yeah? CLIFF: Sit down. I'm going to give you $300 a week - yes indeed. $300 a week, $1200 a month. Alright? THEO: Great, I'll take it. CLIFF: Yes you will. And I will take $350 for taxes. THEO: Woah! CLIFF: Yeah, because you see the government comes for the "regular people" first. CLIFF: Now, how much does that leave you with. THEO: $850 CLIFF: Alright... Now you've GOT to have an apartment because you are not going to live here. So, an apartment in Manhatten will run you at least $400 a month. THEO: I'll live in New Jersey CLIFF: Alright. You live in New Jersey, you have to have a car THEO: I'll ride a motorbike! CLIFF: You need a helmet CLIFF: Figure $100 a month for clothes and shoes THEO: Figure $200 - I want to look goooood. CLIFF: Okay, so what does that leave you with? THEO: $200. So, no problem! CLIFF: There is a problem. You haven't EATEN yet! THEO: I can get by with bologna and cereal. So, I got everything I need - plus, $200 left for the month. CLIFF: You plan on having a girlfriend? THEO: For sure! CLIFF: (Takes away the $200)