Check out this video from Wall Street Journal. It just makes me glad that James and I are pretty open with our purchases and I can’t really think of any examples of pissed off purchases. Certainly not to the extent of $800 lizard boots. Check out the video, I think it is worth the four minutes.

Readers: We’d love to hear what your experiences are in relation to this video.

Cheers,

Miel

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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