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This SNL clip from nearly a decade ago still teaches you everything you need to know about personal finance

May 18, 2015, 22:30 IST

Don't buy stuff you cannot afford.

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That's the title of this Saturday Night Live sketch from 2006, featuring Steve Martin, Amy Poehler, and Chris Parnell.

It's also a fantastic, solid piece of personal finance advice, and has been for the last nine years.

Here's how it works:

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