James’ mom Carol grew up in New York City with a father whose philosophy was that leaving the house equaled spending money. While given my lifestyle it’s quite apparent that I’m not one for staying in the house, I can’t disagree with this sentiment. This is particularly the case these days with increasing prices.

For us this also includes spending more just to go home. We head to Oregon next week, and while it will be a great savings in comparison to meeting somewhere else in the world, it will still cost us.

We are lucky that in the end James’ moms saved us from having to rent a car by offering up their Eurovan camper named Lilly. This means that while we’ll have to pay a bit more in gas prices, we won’t have to pay for a rental car or hotels. Best of all it means that we’ll have flexibility to go where we like and camp along the way.

Even with these reduced savings it still adds up. I just did a quick budget for our ten day trip and it looks like we should expect be shelling out around a grand – even with staying with family and having many meals at home.

In addition to what we expect to pay, I had to shell out around $1,600 for a ticket and had $700 of that reimbursed. Luckily I got James ticket for five bucks and 25,000 in frequent flyer miles.

While we’ve budgeted for these expenses we’ll certainly be leaking money even if we make an effort to keep things on the frugal side. Though we would like to avoid leaking money like a sieve, we are also very much looking forward to seeing each other as well. In the end it will be worth it.

Looking forward to it!

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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