In the world of life, contingency planning is necessary.

In a place like Afghanistan, this becomes an integral part of life.

As I was headed out on my travels to the states my plans were thrown up in the air. The flight I was on simply didn’t go, after having spent 9 hours at the airport waiting. This meant that I missed the Personal Finance Leadership Conference that I was supposed to present at yesterday. The good news is that we were able to send James at the last minute and he was able to present on our behalf.

Initially I was told from American Airlines that I wouldn’t be able to make it until next Thursday, making me miss not only one conference, but two. Luckily I was able to wiggle things around and make it work.

The bad news is that this meant forking over the funds for an extra night in Dubai and three nights in Boston that weren’t anticipated. In all it will cost me about $600 extra as well as the $1,500 that is held up in plane tickets.

While life doesn’t always go anticipated, we can plan a bit ahead to make sure that there are extra funds somewhere to deal with situations as they come up.

The more important part in all of it is to go with the flow, one way or another. Fighting the realities of unexpected plans is not worth the stress of it all.

Cheers,

Miel

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

Blogs You Should Read

Companies Supporting The DINKS

Please consider visiting our gracious supporters:

Get an education with the Online Certificate Programs at Washington Tech