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Happy Friday Dinks.  Today is especially happy for me because today is bonus day.  Yes at my job (well now old job) we don’t get our yearly performance bonuses in December, we get them mid April.  So here we are.  I won’t see any of the money because I elected to transfer the entire amount to my retirement account because I will be dammed if I pay 52% tax on money I worked for all year long.  But nevertheless it will be nice to see my net worth get a boost.

Have a great weekend and enjoy these good reads from around the web.

Financially Blonde – What’s Your Sacred Cow?

Money Crashers – 6 Celebrities Who Recovered From Financial Failure

Budget and the Beach – Why is Change So Hard?

Wise Bread – 5 Simple Ways to Live Rent Free

Go Banking Rates – Is It Cheaper to Build or Buy a House?

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This entry was posted in 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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