Both Miel are in school and are pretty busy with finals, but we thought we’d send along some interesting finance links to tide you over until we can write something a bit more subsantive.

Here is an interesting article from smartmoney.com, it is about some of the challenges new DINKS face when starting out. If you have a few spare moments, you might want to check it out.

Flexo, over at consumerism commentary has a new post about record keeping. I think its helpful. Miel and I have done something similar to what Marshall Loeb describes in the post. If anything should happen to either one of us, the other would know where to find the relevant info. We like it and think other couples should do the same

CNN Money runs an interesting series called ‘Millioniare in the Making’, where they feature financially successful up and coming couples (we might apply). While I’m not impressed with all of the picks, I do think its a fun read once and a while. CLICK HERE for the millionaires!

Enjoy!

-James

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.

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