The Detroit News is reporting that 60 year of David Sneath of Livonia Michigan recently won a $136 million dollar jackpot in the Michigan state lottery. On hearing that he won the lottery Mr. Sneath promptly walked off his job at a Ford motor company warehouse. We heard about this story and got to chatting about what we would do if we won that kind of money. Interestingly enough our reactions were pretty different.

James

1) Take control of a prosperous mid-sized corporation.

2) Buy several politicians.

3) Ensure that my family remained members of America’s wealthy oligarchy.

4) Crush anyone who gets in my way.

Miel

1) Use some as capital to start a green real estate development company.

2) Use some for seed money for a philanthropic organization to help people in need, likely internationally.

3) Start a scholarship fund to promote study abroad programs for high school students.

4) Go on a nice international vacation at least once a year.

Pretty different first reactions…yet we manage to stay married!

There is more great commentary over at Free Money Finance.

Here is the link to the story.

Best,

James&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.

Click Here to Download
DINK's Free
Budget Template
Click Here to Download
DINK's Free
Net Worth Template

Couples Finance

Blogs You Should Read

Companies Supporting The DINKS

Please consider visiting our gracious supporters:

Get an education with the Online Certificate Programs at Washington Tech

7binaryoptions.com: Your one stop information source for trading binary options.

Get the Latest Coupon and Discount Codes at Freecouponcodes.net.

The best cheap web traffic that comes in handy for your website traffic needs.

Shop till you drop and discounted offers with Shopee promo codes.