The Associated Press is reporting that the Federal Reserve is authorizing another 38 billion dollars in loans for the troubled insurance giant, American International Group. The loans are to be backed by fixed income securities issued by AIG.

Below is a picture of the sumptious california resort where AIG executives ran up a nearly half million dollar bill at their corporate retreat immediately after AIGs earlier 85 billion dollar bailout. Among the itemized charges were expeditures for limousine service, spa visits and liquor.

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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