One of the great things about traveling is checking out all of the currencies around the globe. It certainly takes some added mathematics to sort everything out when landing in a new country, but it is always an experience to see what money is worth in other countries.

Right now my wallet is bulging with currencies from multiple countries. I haven’t had this many different currencies since traveling in Europe before the Euro. Right now I have AFS from Afghanistan, Euros, U.A.E. (United Arab Emirates) Dirhams, or AEDs, Singapore Dollars, Malaysian Ringgit, Vietnamese Dong, and tomorrow I’ll have Thai Baht.

Luckily the travel wallet that James bought me for our anniversary has lots of different pockets, but I do have to pay attention to what currency I’m pulling out. Luckily I’ve had fifteen years of practice converting currency in what is now my fortieth country traveled to!

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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