Good Morning All,

Today’s posting is a bit of a personal note. We DINKS are on the hunt for an inexpensive but good quality insurance provider.

Previously we had policies under Nationwide, but there was an issue with registering a rider for coverage on Miel’s wedding ring. What happened was that during our wedding, we bought a rider to cover the ring, but for some reason, Nationwide didn’t register the ring as being covered.

A few months later, one of the diamonds fell out of Miel’s ring, so we needed to file a claim with the company. Unfortunately, Nationwide’s response did not meet our expectations. They did cash our check for payment of the rider, but Miel felt that they were dismissive of her and ineffective in resolving the issue. Ultimately, the company denied that we had coverage.
At any rate, we voted with our feet and haven’t renewed our policies with them.

So, we’ll be making calls and looking on the internet to try to find a good replacement policy.

If you know of any good providers or could recommend someone, we’d very much appreciate it.

Thanks,

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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