Continuing on the theme of good web resources – I came across an excellent one lately. Many people are aware of theknot.com, as it is the place to search for wedding registries and build your own wedding website (check out ours).

The Knot also has a sister site called thenest.com. This site is targeted at newlyweds starting their lives together as a couple.

Many of their money resources are aimed at folks just starting out in their financial lives, but they are a good starting point for just about anyone interested in improving their financial know-how.

For example, they have good resources on:

Money & Investing Glossary – Simple definitions to all those financial terms you might be too afraid to ask about. Just reading the glossary would give you an improved sense of the investment world.
Monthly Budgeter – Just plug in your after tax income and fill in the blanks. Couldn’t be easier!
Get out of Debt! – This resources help you make a pay-off plan for any debt you might have. There is also a helpful article by the Motley Fool about tips on paying off debt.

The site also has some Q&A from other bloggers we know. Altogether a good site that looks like it has the potential to become a great site over time. Take a look and check it out!

Cheers,

Miel

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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