Because Costco buys in bulk and then sells their products in smaller bulk sizes for members, the prices are low, often much cheaper than you could find other places. Undoubtedly, a Costco membership can save families a lot of money. But can it also save singles and couples money? Is a Costco membership worth it for couples? … [Read more...] about Is a Costco Membership Worth It for Couples?
My grandma grew up during the Great Depression. However, she was largely insulated from the economic effects because she lived with her wealthy aunts. Then, she married my grandpa, who came from a large family without a lot of money. My grandpa joked that he had to teach her everything about money, but she was a good student. By the time I was born, she had been frugal and … [Read more...] about Financial Advice from My Grandma
"Mom, can I have $20 bucks to go to the movies and get some snacks?” Kids are notorious moochers. Why work hard and learn to budget when some kids just ask their parents for money? As a grown-up DINK, you probably thought the days of borrowing money were behind you. After all, you’re self-sufficient now, and you don’t have kids to ask you for money repeatedly. However, some … [Read more...] about How to Deal with a Spouse Who Keeps Borrowing Money
Do you have life insurance? Many adults only buy it after they have kids so the kids will be supported if a parent passes. However, buying life insurance is a responsible decision for each partner in a relationship, even if they don’t have kids. Once you decide to buy life insurance, you will need to choose if you should buy decreasing or level term life insurance. … [Read more...] about Should You Buy Decreasing or Level Term Life Insurance?
Those who want to invest in precious metals most commonly look to gold and silver. However, palladium is another, lesser-known option. Used in the car industry, specifically for catalytic convertors, palladium is a necessity for car production. Mined mainly in South Africa and Russia, and to a lesser extent in the United States and Canada, palladium can be a nice attribute to … [Read more...] about How to Invest in Palladium
Aaron and his wife, Makiko, are DINKS living in Oregon. Originally, both had full-time jobs. Then, Aaron’s mom suffered from failing health and decided to move in with them. Aaron decided not to sell his mother’s house. Instead, he kept it and rented it out so his mother would have a steady source of income from the rental in addition to her social security and small IRA … [Read more...] about Resources to Learn How to Invest in Real Estate
Do you have an extra $3,000 you need to decide how to spend? It may have come from a work bonus, a tax return, a stimulus check, or a small inheritance from a long-lost uncle. Whichever way you received the money, there are many smart ways to spend $3000. … [Read more...] about Smart Ways to Spend $3000
During the pandemic, Americans were on the move. Many moved to be closer to family. Others moved because they were working remotely and could choose locations with a lower cost of living. But what if you can’t move? What if you’re anchored to your town because of a job or family, but you're unhappy where you live? What options do you have then? … [Read more...] about What to Do If You’re Unhappy Where You Live
Part of the fun of being a DINK couple is that you can be spontaneous. You don’t have kids’ schedules or routines to worry about, so if you feel like having a quick weekend getaway, you can as long as your schedule is clear. If you’d also like to be a pet owner, there are many low-maintenance pets for traveling couples. True, you might not be able to own a dog if you don’t want … [Read more...] about Low-Maintenance Pets for Traveling Couples
. About 15 months ago, we decided to refinance our home. The interest rate was lower than when we had bought our house six years earlier, and our house had appreciated enough that we could drop PMI (private mortgage insurance) when we refinanced. The mortgage broker working with us asked if we wanted a cash-out refinance to pay off debt. Our answer was a hard and fast “no.” … [Read more...] about Why You Shouldn’t Refinance to Pay Off Consumer Debt