Personal Finance Review – Featuring Joe Money & Bob Cash

October 14, 2007

Today the weekly roundup will be run by two special hosts, please welcome Joe Money and Bob Cash.  Joe and Bob have been close friends since they were little but have different outlooks on money so I thought it’d be interesting to hear their take on the personal finance articles this week.

Joe: Hey Bob, you’re almost broke; you should be looking to save a bundle of money.

Bob: Come on Joe, I’m trying to win a Wii here, don’t bring up money please.

Joe: If you had lost all your money last night I wouldn’t be bugging you.  Didn’t you pickup any money lessons from your poker game?

Bob: Hey man, give me a break, I just figured out the cheapest ways to exercise so I can save money on my gym membership.

Joe: Well, you wouldn’t be so poor if you hadn’t up and resigned from your job yesterday.

Bob: I told you already, my life is not my job! My quality of life is way more important to me than money.  I bet you’d feel better if you weren’t counting your money and measuring your investment’s performance all the time.

Joe: Hey, I’m being money smart!  I’ll be able to retire way earlier than you. What you need is a framework for personal finance to get you on track. Plus how are you going to pay your half of the rent?

Bob: Don’t sweat it Joe, I signed up for the a rewards card, I have some bonus cash coming my way.  Plus I’m going to start an online business and make tons of money.  I don’t know why you spend so much time researching your investments; all you really need to do is check out the Kiplinger’s Best List.

Joe: I’ve guess I’ve just been thinking a lot about money lately. When I think back through my best & worst financial decisions I realize I’ve many more bad decisions than good ones but at least I’m learning from mine.  I bet you haven’t even started saving for college yet.

Bob: Hey, I do things to save money, like making good use of old magazines and buying cheap olive oil.

Joe: I guess that’s a start but things like that will never make you wealthy, you really need to focus on getting out of debt and building your net worth.

Bob: Yeah, I guess you’re right.  I’m broke as a joke, think you could buy me some dinner…..

Thanks to Joe & Bob for stopping by and entertaining us!  Of course they’re not actually real people but if you’d like to see them come to life check out the movie, You, Me, & Dupree.

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Ben
Ben Edwards, the founder of Money Smart Life, saved up enough to buy a Nintendo back when he was 12 years old. When he used the money to buy shares of Wal-Mart stock instead, he knew he wasn't like the other kids... His addiction to personal finance has paid off for his family and now he's helping you to afford the life that you want. Check him out on the web at Google Plus, Twitter and Facebook.

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