The tally has been made for our latest net worth, and things are looking pretty good. We are ever so close, hovering at the edge of reaching the elusive $400k benchmark that we were so close to meeting before the meltdown in the economy.

The short story is that our net worth increased by $26k since September, this a 7% increase during that time. Not half bad when you look at a couple of months.

What can we attribute this to? The simply answer is more of the same. Plugging along at maxing out Miel’s retirement, James making the occasional trips to the bank for a savings bond. That’s about it. Nothing complex.

Here are the details if you are interested in the fine print:

You can also see what our progress has looked like over time. We are looking forward to cresting over the $400k mark very soon!

Cheers,

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.

Couples Finance

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