Hi All,

Where should I begin with this posting? Evidently last year around about when the treasury and the Fed were pushing the $700 billion TARP/bailout bill former Treasury secretary Paulson changed one of the tax laws to allow banks to deduct losses when merging. This allowed large banks to profit from merging with smaller banks that had a lot of bad debt on their books – handing a lot of profit to several selected large wall street banks. The only problem – this kind of thing has been illegal for 22 years. This will have implications on the average Americans ability to build their wealth.

At 6:23 it’s a quick watch.

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.

Click Here to Download
DINK's Free
Budget Template
Click Here to Download
DINK's Free
Net Worth Template

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