Happy Friday DINKS. I hope you all had a great week.  As you may know last week marked our one year anniversary together.  Last year we held two contests where our winners didn’t contact us to claim their prizes.  So today we are going to (once again) give away the two prizes.  The first prize is $25 via Pay Pal, and the second prize is a copy of the personal finance book The Wealthy Barber by David Chilton.

To enter yourself into the contest to win $25 via Pay Pal leave a comment on this post and tell us the best or worst anniversary gift that you ever received or gave to someone.  To enter yourself into the contest to win a copy of the book The Wealthy Barber by David Chilton leave a comment and let us know the most outrageous thing you have ever done for money or with your money.  It may a purchase that you regret, or it may be an awful job that you once had.

It is important to read about the financial success and failures of other people because we can learn a lot about ourselves and our financial mentalities, personalities, and habits. Wherever you are right now whether you are in your office, in your kitchen, or in your bedroom, look around. What do you see? Do you see clutter or clean shelves? When you think about all of your personal possessions are they necessities for daily living or unnecessary impulse purchases?

Here are some other great posts from around the web about minimalists, saving, and being frugal:

  • Yes I am Cheap discusses when minimalism becomes an obsession in her post Go Green: Minimalism, How Low Can You Go.  We all want to live a more frugal life but when is it enough?  How little is too little for basic living?
  • Money Crush takes being a minimalist to the extreme and cuts out spending all together on her No Spend Days.  Peoples spending patterns may be habits not necessity.  We spend money because we have it.  Money Crush discusses the money we can save each day in the post The Value of No Spend Days.  Do you have a No Spend Day or a No Spend Month?
  • Frugal Dad talks about the unnecessary things that we purchase in a world ruled by consumerism and consumption in his post 15 Things Our Grandparents Lived Without.
  • Everyday Minimalist discusses the process of becoming a minimalist and cleaning out your closet in the post How Do You Decide If Something Is Worth Keeping?

Have a great weekend DINKS. We will announce the winner of the $25 via PayPal and a copy of The Wealthy Barber by David Chilton next Friday.

This entry was posted in Giveaway, Weekly Recap by Kristina Tahnyak. Bookmark the permalink.

Avatar photo About Kristina Tahnyak

Tahnya is a Certified Financial Planner and former Investment Advisor turned marketing and communications professional She holds a degree from Concordia University, is debt free and currently works in the field of digital marketing.

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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