Hi All,

Some things in life are a necessity, food, water, shelter. Some things are a luxury. One controversial luxury is pet insurance. While it might seem ridiculous, a lot of people own pet insurance. Expenditures on medicine and medical services for pets was 9.3 billion in 2007 (1).

At any rate, if you’re in the market for a policy for your pet, here is another informative video from Stacy Johnson’s Money Talks News. It gives you some pointers on what to look for if you’re buying a policy. If you are looking to buy one, please keep in mind the wealth-building alternatives you could be plowing that cash into.

Oh yeah, by the way…here are our fat cats! We don’t have insurance for them!

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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