Good morning folks!

This morning while getting on-line, I saw some unpleasant news. Due to the declining value of the dollar, Saudi Arabia is considering removing the riyals peg to the greenback. Evidently, the Saudi’s are getting mad because the dollar peg is causing inflation over in the gulf.

Feel free to check out the article. In the mean time, here a fun graphic thats making the rounds on the internet.

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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