Net Worth

Are You Rich or Poor?

March 6, 2012

Good Morning DINKS. Many people feel that money means happiness.  I do not personally agree with this statement but unfortunately some people do believe that they would be happier if they had more money. Today we are going to take a look at the deciding factors that differentiate rich people from poor people and the [...]

Read the full article →

Presidential Candidates And Their Net Worths

January 31, 2012

Good Morning DINKS. Thanks to our great friends at Bankrate we have some great information for you today. In celebration of 2012 being an election year Bankrate has compiled a list of some politicians and their net worth. Which politician do you think currently has the highest net worth? We have previously discussed both the [...]

Read the full article →

How Much Are You Worth?

September 2, 2010

During our financial lives we are faced with many situations where we must determine our personal value.  During these financial milestones how can we determine how much we are worth? For some of us, the first independent financial decision we make is the limit on our first credit card. Very often, we are still in [...]

Read the full article →

Should Couples Combine Their Finances?

May 13, 2010

In a recent interview, a journalist asked me if I thought couples should combine their finances or not. Since arguments about money are one of the leading causes of divorce and stress in relationships, it’s an important topic that I wanted to share with my fellow DINKS—and get your comments on. I told the journalist [...]

Read the full article →

DINKs December Net Worth: Up 26K

December 2, 2009

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 [...]

Read the full article →

Our September Net Worth

September 5, 2009

We DINKs continue to inch towards $400k. It has been an illusive goal for us for the last two years. We’ve been inching back and forth towards this nice round figure. Given how long it has taken us to inch towards this goal, I’m hoping we’ll be able to propel ourselves towards the half million [...]

Read the full article →

How Often Should You Review Your Investments?

August 3, 2009

Hi All, Welcome to a new week! Today’s posting is on how often one should review ones’ personal finance situation. The answer is: there aren’t really any set rules. But, here are some thoughts. 1) It makes sense to review when economic conditions change drastically. For example, during last year’s stock market troubles, it would [...]

Read the full article →

August Net Worth: Up 14% from April

August 2, 2009

Hi All, Finally, some good personal finance news! This morning we sat down added up our net worth. In a nutshell, we’ve increased our bottom line from $313,000 to $358,000. This is a growth of 14% in three months. We are glad we have been able to build our wealth as we have! This is [...]

Read the full article →

Thoughts On Choosing A Financial Advisor

June 17, 2009

For many people, getting started in personal finance can be daunting. The ins and outs of asset allocation, goal setting and deciding how to structure one’s money can sometimes be overwhelming. Because of this, many people choose to hire someone to help them with their cash. While we are not experts in this topic, here [...]

Read the full article →

DINKS Buy Inflation Linked Bonds

May 20, 2009

Hi All, Just a quick update. Today I pulled the trigger and bought about $3,300 of Vanguards Inflation Protected Securities Fund (VIPSX). Essentially VIPSX is Vanguard’s mutual fund that invests in inflation protected bonds. The fund holds about 20 billion in US treasury and agency products. Of these, the fund’s policy is to maintain 80% [...]

Read the full article →

← Previous Entries