In case you haven’t got your fill of conservative theory, you might want to take some time to listen to Milton Friedman’s interview with PBS. In it, Friedman discuss his views on freedom and economics.

While I don’t agree with much of Friedman’s views (for example his views on social security), but anyone who is really interested in money and finance should be familiar with his philosophical position.

Best,

James

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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