Having recently surfaced from a several weeks of 14 hour work days I’m now in Burundi for a week of meetings. A welcome change in scenery but no respite from the continuing work from DRCongo as I serve as Acting Country Director.

After a recent deficit of media I was a bit overwhelmed this morning at the graveness of the news. I’d been following along James’ posts but when you realize that a stock like AIG that was worth $150 a year ago is now worth less than 50 cents – it kind of hits you.

To be honest it is hard not to just want to walk away from it all. It’s easy to be out of the loop working here in Africa, but the realities back home won’t be going away any time soon. I have a strong feeling that we better be prepared for it to get worse before it gets better.

Best,

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.

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