May 25th, 2012

“Duets” – Money Lessons from Singing Superstars

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The premiere of “Duets” on ABC showed that even we regular folk can sing with the likes of John Legend, Robin Thicke, Jennifer Nettles and Kelly Clarkson.

Here’s how the new music competition works: Each star chooses two singing partners—protégés they hope to mold into music’s next big thing. The celebrity artists perform duets with their amateur partners while the other three stars sit as judges. At the end of the season, one lucky winner gets a recording contract with Hollywood Records.

Not only does “Duets” satiate the hardcore singing competition reality show fans (they’re out there, and they’re bloodthirsty), but it also shows how successful you can be when you don’t go it alone. Let’s take a look at a few “two is better than one” benefits, learned from ABC’s new reality show.

Newfound Strength

Sure, the amateur singers aren’t as strong vocally as the superstars on “Duets,” but it’s hard to tell when they sing alongside their idols. The same is true for many aspects of life: If you partner with someone stronger than yourself, you’ll become stronger.

For instance, if you’re a spender and your best friend is a saver, you could learn to curb your spending and save more money that you would if you were on your own.

Focus

Each celebrity singer on “Duets” represents a different genre of music, and they’ve chosen protégés to mentor and guide in that genre. These new singers will gain some great training along the way, and learn to hone in on one style of music, instead of staying amateurish in several.

Getting a financial advisor can be a great way to figure out where you need focus. Instead of trying to improve every part of your money life at once, an advisor can give you one big goal to strive for. Use Jeff Rose’s tips on How to Choose the Best Financial Advisor/Planner for You.

Feedback

After each performance, the judges give encouraging, helpful feedback. When Legend sang “Ordinary People” with his partner Johnny Gray, Thicke complimented the new singer’s connection with the lyrics, and Clarkson gave the amateur singer kudos for his vulnerability during the song.

Sharing your money journey with friends and family is a great way to get encouragement and feedback along the way. In her blog post about “The Avengers,” Jenna suggests getting friends to keep you accountable when you make a money goal or getting helpful advice at the Credit Advice Center .

Bottom Line: The next time you’re feeling blue about finances or life in general, find a trustworthy friend to talk to. In more than just musical endeavors, two heads are always better than one.

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