Folks, here are two calculators you might find useful. The first tells you how long it takes to pay off your credit cards using the minimum payments. Provided you want to dump the cards faster, the second calculator tells you how much you need put towards the debt to make it happen.

Minimum Payment Calculator

Credit Card Calculator © ML

And here is the second one…

Credit Card Payoff Calculator

Credit Card Calculator © ML

MANAGE YOUR MONEY TOGETHER

Here are some simple guidelines for DINKS to build wealth:

1) Collaborate: Meet regularly to talk about money, set goals together, track and monitor them.

2) Understand and respect your partner. Take time to understand your partners values about money.

3) Watch the numbers. Get a budget, monitor your spending and track your net worth.

4) Max your retirement. Maximize contributions to your tax deferred retirement accounts.

5) Invest in stock. Stocks perform better than bonds or cash.

6) Avoid high interest debt. Credit cards and title loans are financial cancer.

7) Diversify. Don't put all your eggs in one basket.

Click Here to Download
DINK's Free
Budget Template
Click Here to Download
DINK's Free
Net Worth Template

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