The Money Pit: A Family’s Descent into Danger
Discover the origin of the term “the money pit,” popularized by the 1986 comedy film of the same name. Starring Tom Hanks and Shelley Long, the movie follows a couple, played by Hanks and Long, who purchase a charming but financially disastrous house. Their renovation plans spiral into a chaotic, escalating series of problems and mounting repair bills, effectively turning the property into a true “money pit.” While humorous, the film captures the frustration and endless expense that often accompany home renovations. It cemented the phrase “the money pit” in popular culture as the quintessential description for a home renovation gone wrong.