Weekly roundup: Priorities, Excuses and Startups

Posted on October 10, 2014 - 5:00 am by Kristina Tahnyak

Happy Friday Dinks. My birthday week is officially over and as of yesterday I am 34 years old. I’ve got to tell you it feels awesome. Over the last week Nick and I moved into an amazing apartment and although moving is VERY expensive we are finally getting settled in our space. Once it’s all set up and the boxes are empty I will share some pics.

Enjoy your weekend Dinks and Happy Thanksgiving to all our Canadian friends. Here are some great posts from our personal finance friends.

Man vs. Debt – Re-Evaluating Your Financial Priorities

Good Financial Cents – The 17 Worst Excuses For Not Savings For Retirement

Mr. Money Mustache – We Sold the House! Here’s How I’m investing the $400,000

So Over This – Wage Theft: Should Salaried Workers Get Paid Overtime?

Young Adult Money – How to Get Rich: Side Hustles and Startups

Photo from Flick

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: Priorities, Excuses and Startups

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