Tapped Out

Folks,

I’ve been a bit tapped out cash wise the past couple of days. Ever get that feeling?

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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1 Reply to “Tapped Out”

Anthony, 13 years ago

Fundamentally, the husband is an ATM and the wife is a whore in this example. And they have mutually agreed on this joint venture. That’s my view, and it’s not unethical until the husband claims so.