Money Wallet

Good morning Dinks.  As you know I am really addicted to reality TV.  My latest obsession is judge shows.  Every night at 7 pm I watch Judge Judy.  I avoided watching her for a long time because I thought she was way too harsh on people, but now I’m loving it.

Give your word and keep it…like always

As it turns out Judge Judy and I share a lot of the same values when it comes to money.  I personally feel my personality is a lot warmer than hers, but nevertheless we share a lot of the same views on money.  Judge Judy hates people who are irresponsible and so do I.  I really can’t stand it when people make appointments and don’t show up.  I also hate it when people says they will do something and then don’t live up to their promise.  Judge Judy feels the same way.

Get a job and pay taxes

She absolutely hates people who don’t meet their financial obligations. If you don’t work and you don’t contribute to society Judge Judy will call you out.  She has a zero tolerance for people who live off tax payer’s money and who take advantage of government benefits.  I feel the exact same way.  I understand homelessness and unemployment are very unfortunate (because I’m not a monster) but I absolutely have no sympathy for people who don’t work.  I feel people could get help, find a job and earn a pay check – they just choose not to.  But that’s just me.

An education equals more money

Judge Judy believes in education and so do I.  Going to college wasn’t an option in my family, my parent’s insisted on it.  My parents made sure I went to college for four years but they didn’t pay for it.  I had to work full time while in school, although my parents did help me out.  Any type of post secondary education is a good idea.  Not everyone has to go to a four year college; people can take vocational training or a certificate program at a community college.  Education equals a pay check and people who say they can’t afford it are just lazy.

Where we don’t see eye to eye

One area of money where I actually disagree with Judge Judy is when it comes to getting a receipt for everything.  I am a huge believer in the barter system.  I don’t do everything in my life just to get a receipt and I wouldn’t expect other people to either.  I always get a receipt for major items such as my rent, furniture, electronics and anything else that requires a guarantee.  However when it comes to saving money I will forget the receipt on items such as clothes and food if it saves me a few bucks.

I’m actually learning from Judge Judy

One thing I learned from a recent episode of Judge Judy is that it actually costs money to get evicted.  I had no idea.  I’ve never been evicted and I don’t ever want to be.  On a recent episode a girl was suing her former roommate for $1000 which was half of their eviction fees.  YIKES!

Photo by ScottW


This entry was posted in Money Management 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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