Happy Friday DINKS. We would like to congratulate Jenn as she is the winner of our Book Giveaway.  Jenn’s financial goal for 2011 is to set up Education Savings Plans for her two nieces.  We hope that a copy of The Wealthy Barber by David Chilton will help Jenn achieve her financial goal.  Jenn please email us your address so we can mail the book as soon as possible.  Thank you to everyone who participated in our Book Giveaway.

As we are into a new year, it’s time to look forward to the future, and honour the best of our pasts.  Today, that’s exactly what we are going to do on DINKS Finance.  This past week bloggers all over the net have been posting their favourite personal financial articles from 2010.  I am going to pick my favourite of their posts to create a DINKS the Best of the Best of 2010.  I will also include a few of my favourite posts from DINKS.  Join me as we look at the best personal finance posts from 2010.

Fabulously Broke wrote a post in January 2010 titled “5 Lies we tell ourselves to keep spending”.  This article hit me hard; as I’m sure it did for spend-a-holics everywhere.  I am one of those people who will say anything to justify a purchase that I don’t really need but I really really want.  Read her post and tell us…have you ever lied to yourself to justify a purchase?

Give Me Back My Five Bucks blogs about the “Top 10 Realest Personal Finance Bloggers” She describes why she loves her favourite personal finance bloggers and the answer is simple…because they are real.  Whether we are financially well off, or we are working hard to try to be, these blogs are honest and that’s why Give Me Back My Five Bucks loves them. Regardless of where we live or where we work, the one thing we all have in common is money.

J. Money at Budgets Are Sexy likes Free From Broke’s recommendation of Prairie Eco Thrifter’s article “Creating Wealth With What You Already Have.” I like this article because it is straight forward and very simple tips of how to save money with our current income.  It is not rocket science, and there are no hidden financial secrets, it’s just 5 basic tips to help us save with our current pay checks.  Of course if our income is only enough to cover our expenses then we will have to find supplementary income from a second job, or a start up own business.

Do you have a favourite personal finance article from 2010?

I love reading PF articles about other bloggers vacations. I like to know how much they spent and where they went on their vacations.  I love to travel and I love learning about new places and cultures. However, the one new thing that I don’t really like to try is new cuisine.  As a vegetarian, I am pretty much set in my eating habits.

Here are my favourite DINKS posts of 2010:

DINKS: Smart or Selfishwas definitely one of our most popular posts of 2010.  I wrote it because I was sick of my clients at the bank asking why I am not married, and why I don’t have kids.  I couldn’t stand meeting any more of my client’s sons and grandsons or nephews in hopes that they would fall in love with me and we would get married.  It was like a real life episode of the Bachelorette and the fact that I have been dating Nick for over 10 years didn’t seem to matter to any of my clients.

What Happens In Vegas…Comes Home On Our Joint Credit Card.  I will still be telling this story way into 2011. I just can’t believe that my client spent thousands of dollars on hookers during a “business trip” to Las Vegas.  He thought that he was paying with his own credit card, but he mistakenly paid with his joint credit card…and his wife found out.  What I wouldn’t give to be a fly on the wall in their house when he got home from Vegas.

And here are some carnivals we participated in this week:
Festival of Frugailty – Craigslist Edition @ Cash Money Life
Carnival of Personal Finance: “2011 New Year’s Resolution” ed. @ Wallet Blog


This entry was posted in Blogging, Weekly Recap by Kristina Tahnyak. Bookmark the permalink.

Avatar photo About Kristina Tahnyak

Tahnya is a Certified Financial Planner and former Investment Advisor turned marketing and communications professional She holds a degree from Concordia University, is debt free and currently works in the field of digital marketing.

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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