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Happy Friday DINKS.  Today we have assembled a Potpourri of great posts from around the web for your reading pleasure. Keep reading as we discuss every aspect about personal finance from our jobs and unemployment, the truth about the reality of our own personal finances, the benefits of having a supplementary income, and (constantly) lending money to friends in need.

  • Financial Samurai rants about the unemployment rate (amongst other things) in his post ” An Optimists Outlook: Why Not “Unemployment Day” Instead?  Financial Samurai is never one to be afraid to share his opinions so check out this post as he gets a few things off his chest.  You can follow Financial Samurai on Twitter @financialsamura
  • Enemy of Debt tells us to take a look in the mirror in his post “Take a Step Back…Put your Financial Behavior in Check”.  No one knows us better than our selves and sometimes we have to face the harsh truth about our spending, our debt accumulation, and our savings strategies.  Grab a glass of wine and have a heart to heart conversation with Your Finances while reading this post.  Follow him on Twitter @enemyofdebt
  • Punch Debt in the Face coined a new phrase and out did us DINKS in the post “TRINKS (triple income no kids) For The Win”.  If you think that having a DINKS lifestyle is great, think about having a third income.  You can follow Punch Debt in the Face on Twitter @punchdebt
  • Donna Freedman follows up on  short term lending and lending money to friends in the post “An update on payday lending”  Donna has  a friend who continues to ask for money in order to hold her over until the next pay day.  Donna advised that her friend has bigger problems than just her cash flow. Follow Donna on Twitter @DLFreedman

Have a Great Weekend Everyone!

(Photo by Images_of_Money)


This entry was posted in 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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