Yikes!

I guess sometimes it doesn’t pay to get out of bed. According to recent headlines, inflation is at a 6 month high and jobless claims peaked at 627,000 last week.

Oh, yes. Evidently foodlines are becoming more popular.

Frankly, its a good time to be a graduate student. I get to sit this one out in academia. Might not be the best place to be if you are trying to build wealth, but I don’t see much promise in the current market.

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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