Folks,

We DINKs are pretty busy taking care of the parts of our lives that don’t involve blogging, so we wanted to quickly post this video from consumeraffairs.com. The video is quick informative piece on the reasons why you should NOT buy extended warranties. By and large we agree with their main point, which is that extended warranties are usually a rip off. Feel free to check it out, its short and sweet.

Best,

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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