Weekly roundup: July 4th, House Insurance and Self Employment

Good morning Dinks and happy July 4th weekend. I wish you all lots of fireworks, barbeques and sun over the next three days. Enjoy!

Here are some great posts to kick off your Independence Day:

Careful Cents – How to Protect Your Business With Solid Terms and Conditions

The Me Project – Find Affordable House Insurance Rates

Wise Bread – 22 Supermarket Tricks You Haven’t Heard Yet

Retire by 40 – What is the One Thing Holding You Back?

Budget Blonde – A Day In The Life: Self Employment Version

Cents, Sense & Sensibility – Winning Purchase Offers: Buying a home in a seller’s market

Evolving Personal Finance – Why We Aren’t Contributing to Our New 401(k)

Photo from Flickr

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.

Please consider visiting our gracious supporters:

Get an education with the Online Certificate Programs at Washington Tech

State-approved Online Middle School at EHS

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