Okay, this post has nothing to do with this weeks theme here at the DINKS, but its got sex, lies, money and extortion, all the things that make a great story. Supposedly, this woman Jessica Wolcott who is a notorious internet strumpet, attempted to extort $125,000 from Pepsi executive Gary Wandschneider by threatening to tell his bosses that he was cruising for women on using his work email.

The story is too good to pass up. Apparently, she also attempted to borrow money at prosper.com. Check out the NY post story here. The Smoking Gun report is here and there is more info at the dealbreaker.com.

All I can say is, thank goodness for the internet.

There’s nothing like a Thursday morning sex scandal!

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.

Couples Finance

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