Watching financial services videos isn’t always a top priority. Three minutes on stable value funds. Where’s the vacuum cleaner?
So we’re thrilled to report that money videos will never be the same, thanks to a cheeky new series from Charles Schwab, entitled, “Oh Chuck! I Blew My Cash.”
These one-minute videos show hipsters confessing stupid splurges to company founder and CEO Charles Schwab, a.k.a. Chuck, himself. (Quite the handsome gent, by the way. Who knew?)
In one spot, a guy orders a $50 burger from room service. Another guy has amassed 90 pairs of sneakers.
And then there’s Annie, who went nuts at a Renaissance fair and bought $200 worth of animal masks (three cheers to the writer who avoided the handbag cliché!).
In each case, Chuck listens, shakes his head, and offers a single, solid message: Why don’t you save that money? Do you know how much it would grow?
Exactly. You can open a Schwab account, or Fidelity, Vanguard, E*TRADE—or add to the accounts you have—we don’t care.
But listen to Chuck.
(For the record, Schwab isn’t paying us to feature these videos—we just like 'em!)
Out of the Box
Do the savings sweep! This classic DailyWorth exercise is best done spontaneously. As in, now. Directions: 1) Log onto bank. 2) Transfer a bit o’ money to savings. Done!