If you haven’t yet heard of Smarty Pig, listen up. This a great tool to both teach the kids in your life about saving, or use it to save for yourself as well.

It’s like no other piggy bank, and allows you to keep track of your saving, have friends and family help you to save for your goals, and earn a competitive interest along the way!

Simply sign up for a free account, save and track your progress, and when you’ve reached your goal you’ve got several options. You can either send the funds back to your normal bank account, put the funds on a debit account to use towards your goal, or cash it out in gift cards with up to 12% off from a variety of retailers. This makes it particularly easy if you are saving up for a new gadget or the like.

You can also add your Smarty Pig logo to your social networking sites, like Facebook and Twitter, to have friends and family contribute that way!

We like Smarty Pig so much that you may have noticed our new advertisement banner. If you click through and sign up for an account through our site, we will also get an incentive as well. So we both win!

I’ve set up my account with the long awaited goal of making it back to my Peace Corps village in Ghana. It has now been 10 years since I first moved there as a volunteer, so I’ve got two years left to make it there before it has been ten years since leaving. I figure it’s about time that I make it happen.

I actually landed briefly in Accra on my way from Liberia to Ethiopia, so I was able to see how big the city has become. I’m excited to make it back to my village and see if there is electricity, check on the mango plantation that I did, and see how the school children have grown!

If you’d like to contribute to my goal you can do so here.

If you do sign up for an account, we’d be happy to hear what you are saving for, and how your experience goes.

This also a great gift for the holidays for children, grandchildren, nieces and nephews!

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.

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