Weekly roundup: NYC, #YOLO and Being Poor

Posted on May 9, 2014 - 5:00 am by Kristina Tahnyak

Good morning Dinks and happy Friday. I am in NYC this weekend enjoying a well deserved vacation. I am back home on Tuesday but I am off work until May 20^th. Isn’t that nice?!

Usually during my vacations I catch up on life, you know all the things I don’t have time to do in my normal routine. But not this time. For the next seven days I am going to do nothing but sleep in and take yoga classes.

Enjoy your weekend Dinks.

Money Talks News – Are You Poor If You Have a Flat-Screen TV?

Budgets are Sexy – More Tricks to Accomplish Your Goals Faster

Blonde & Balanced – #YOLO so do it big

Frugal Beautiful – How I Saved $15k by Living Healthy

GoGirl Finance – 4 Good Money Examples My Parents Set for Me

The Financial Blogger – How Much Do You Need To Live Comfortably?

Photo from Flickr

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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Weekly roundup: NYC, #YOLO and Being Poor

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