After watching our monthly payments on our mortgage slowly increase Miel and I have just about had enough of it. We’ve decide to refinance the debt on our apartment to change from an adjustable interest rate to a fixed interest rate.

We’ve figured that every 1/4 point increase costs us about $50.00 a month. Given that Ben Bernake is focused on combating inflation through interest rate increases, we think that the chances are good for our mortgage to increase by a lot in the near future.

However, since we are both busy getting married, we’ve decided to revisit this when we get back after our Honeymoon! Stay tuned for further details!

Miel&James

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.

Click Here to Download
DINK's Free
Budget Template
Click Here to Download
DINK's Free
Net Worth Template

Couples Finance

Websites You Should Read

Companies Supporting The DINKS

Please consider visiting our gracious supporters:

Get an education with the Online Certificate Programs at Washington Tech

State-approved Online Middle School at EHS