Want to play a little word association? You know, I name a term (money related in this case) and you say the first word(s) that pops into your mind. Here are some words/names/phrases to play with:
- Charles Schwab
- Yahoo Finance
- Buy term and invest the difference
- Retirement
- Net worth
- Cash
- Saving money
- Making money
- Credit cards
- Debt
If you want to leave your results below, go ahead and do so now (before you look at my responses.)
Here's what I came up with for each of the terms above:
- Charles Schwab -- expensive discount broker
- Yahoo Finance -- great site
- Buy term and invest the difference -- good advice
- Retirement -- relaxation
- Net worth -- true money measurement
- Cash -- king
- Saving money -- key to good net worth
- Making money -- want to do more of it
- Credit cards -- tool
- Debt -- avoid
So, what do those responses tell you about me? ;-)
Charles Schwab - credit card
Yahoo Finance - my portfolio
Buy term and invest the difference - not applicable to me
Retirement - 401(k)
Net worth - positive
Cash - minimize in wallet
Saving money - for a house
Making money - more than one way
Credit cards - high limits for me
Debt - minimize without spending more than I earn
Posted by: Watson | February 25, 2008 at 05:12 PM
Schwab - my interest checking account
yahoo finance - better than google but i use it less
n/a
retirement - long way away, save save invest
net worth - 4 letter words (student loan tanks mine)
cash - use as little as possible
saving money - the base goal
making money - never easy, well, making "more" isn't, no shortcuts
credit cards - always pay off, cash back is where it's at
debt - seems like a lot, but way way less than almost anyone i know...
Posted by: cephyn | February 25, 2008 at 05:25 PM
Charles Schwab - "talk to Chuck"
Yahoo Finance - stock quotes
Buy term and invest the difference - what I need to do (must drop our small whole policy)
Retirement - save
Net worth - a goal! (currently in the red)
Cash - wallet
Saving money - goal after debt payoff
Making money - what I'm finally doing after law school
Credit cards - evil
Debt - eliminate!
Posted by: RL | February 25, 2008 at 05:44 PM
* Charles Schwab - Financial
* Yahoo Finance - Website
* Buy term and invest the difference - Insurance
* Retirement - Old
* Net worth - Total Value
* Cash - Paper
* Saving money - Should Do
* Making money - Find Out How
* Credit cards - Tools
* Debt - Owe
Posted by: Shawn@MoneyBrick | February 25, 2008 at 11:19 PM
Hmmm, learned to use tools. Sounds paleolithic!
Posted by: Minimum Wage | February 25, 2008 at 11:33 PM
Charles Schwab - Investments
Yahoo Finance - Expert Opinions section
Buy term and invest the difference - Life Insurance strategy
Retirement - Keep Saving now or win the lotto
Net worth - Growing
Cash - Nice to have
Saving money - Try to as much as you can
Making money - As much as you can but don't hate life doing it.
Credit cards
Debt
Posted by: moneyandpf | February 26, 2008 at 08:37 AM
* Charles Schwab - supermarket of funds
* Yahoo Finance - first mover advantage of financial news and quotes
* Buy term and invest the difference - amen
* Retirement - work on it early
* Net worth - a metric
* Cash - flexibility
* Saving money - what makes everything else possible
* Making money - income (active, passive)
* Credit cards - slippery slope
* Debt - borrowing what you don't have
Posted by: Beyond Paycheck to Paycheck | February 26, 2008 at 09:08 AM
* Charles Schwab - Investing
* Yahoo Finance - Helpful insights
* Buy term and invest the difference - Insurance
* Retirement - Be prepared
* Net worth - Start planning
* Cash - I'll take it
* Saving money - Responsibility
* Making money - Would be nice to make more
* Credit cards - Stay practical, thin ice
* Debt - Grow up
Posted by: Casey | February 26, 2008 at 09:10 AM
* Charles Schwab - Investing
* Yahoo Finance - Helpful insights
* Buy term and invest the difference - Insurance
* Retirement - Be prepared
* Net worth - Start planning
* Cash - I'll take it
* Saving money - Responsibility
* Making money - Would be nice to make more
* Credit cards - Stay practical, thin ice
* Debt - Grow up
Posted by: Casey | February 26, 2008 at 09:10 AM
* Charles Schwab - old IRA
* Yahoo Finance - decent articles
* Buy term and invest the difference - need to investigate
* Retirement - save now, enjoy later
* Net worth - growing
* Cash - flow, important
* Saving money - important for growing net worth
* Making money - want passive income
* Credit cards - always pay off the balance
* Debt - leverage
Posted by: MattC | February 26, 2008 at 10:07 AM
Charles Schwab - investing
Yahoo Finance - Stocks
Buy term and invest the difference - Strategy
Retirement - Goal
Net worth - Only a number
Cash - Dead
Saving money - Essential
Making money - Essential
Credit cards - Tricky
Debt - repayment
Posted by: Josh | February 26, 2008 at 10:15 AM
Charles Schwab - my investments
Yahoo Finance - mediocre
Buy term and invest the difference - huh?
Retirement - save intensely, early
Net worth - increasing!
Cash - un-traceable (a good thing)
Saving money - every month
Making money - moot if you don't save it
Credit cards - lull you into spending
Debt - avoid if at all possible
Posted by: Heinrich Moneypants | February 26, 2008 at 02:07 PM
Charles Schwab - Irrationally hate their commercials
Yahoo Finance - Yahoo's savior
Buy term and invest the difference - dunno
Retirement - Age Envy
Net Worth - secret
Cash - Need more
Saving money - Of Course!
Credit Cards - A fool and his money...
Debt - sucks
Posted by: Stephen | February 27, 2008 at 12:27 AM
And you seem to be steeped into the capitalist mindset. It seems that corporations out there are finding new and more obnoxious ways to get more and more money out of all of us.
Posted by: People Power Granny | February 28, 2008 at 10:49 PM