$20 bills
Happy Friday DINKS! Do you have money on your mind? Do you check your account balances daily? If so then this post is for you.  Today we have rounded up the best posts from around the web about building our net worth, calculating our net worth, and maintaining a positive net worth.

Check out these great posts from around the web about everything related to our Personal Net Worth:

  • Young and Thrifty gives us tips on how to start accumulating our Net Worth in the post How To Increase Your Net Worth.  Her tips include tracking our spending and increasing our income.
  • Money Crashers shows us how to calculate our Net Worth and tells which assets are included in our Net Worth in the post How to Calculate Your Personal Net Worth – Definition & Calculations. 
  • Financial Samurai tells us that our Net Worth is only a calculation and nothing more in the post Your Net Worth Is An Illusion, Sorry To Spoil Your Delusion.
  • Budgets Are Sexy shares his personal net worth with us, dropping down $5,000 to a total of $214,025.67.

We build a positive net worth by earning (and saving) more money than we spend. Here are some great tips from around the web about ways that we can keep a Positive Net Worth:

  • Find Ways to Save Money. 50 Plus Finance asks if we use our coupons wisely as he shares some rules for using coupons while shopping.  Check out his post Do You Have Coupon Etiquette? – 5 Rules For Easy Coupon Shopping
  • Find the Right Spouse. Frugal Dad talks about being a Frugal Dad and a Frugal Husband in a Frugal Family in his post A Frugal Marriage, Five Years in the Making.  Sharing the same Money Mentality can definitely make or break a marriage; it can also make or break our Savings Account.
  • Find a Passive (or second) Income.  Money Crush  discusses her personal priorities in the post The Real Value of Passive Income.  Time is money and having a passive income allows us to earn a second income while spending our time on what we really want to be doing.

Photo by Money Blog Newz


This entry was posted in Finance 101, 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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