For those of you mystified by the term “quantitative easing”, the Financial Times has a great explanation of the term. Essentially it refers to the processes whereby central banks put money into the economy. This can create inflation, which affects all of our wealth, so I would highly recommend at least understanding the basics of central banking. See the link after the picture.


Link here.

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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