Here is an interesting video from the Craigslist money forums. Its a 40 minute clip on the history of money and workings of the federal reserve system. The film is highly critical of the federal reserve, so I would take its conclusions with a BIG grain of salt. That said, it does have a concise summary of the history of money and how the Fed controls the Americas supply of currency. Its worth watching for those reasons alone.
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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