As part of our quest to become millionaires, we have updated our net worth for May. I am pleased to report the value of our wealth increased by nearly 9 percent over last month. This appeared to be driven by at least three factors:

1) Our wedding savings: As you may have gathered, we’ve been aggressively saving to get married in July. We anticipate that we should be nearly twenty thousand dollars poorer after the wedding. But, its a small price to pay for a lifetime of happiness!

2) HANS: The value of our Hansens Shares has increased by nearly 50 percent since we purchased them. It goes without saying that we’re very happy about this.

3) Expected tax returns: We anticipate getting nearly $14,000 in tax returns back from the DC and Federal governments. While some people don’t think its appropriate to credit money that we don’t actually have in hand, we are fairly confident the government will pay us.

Enjoy!

-James&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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