About Melissa Batai
We often think of documents like life insurance being just for those adults with children, but as DINKS once you reach a certain age or a certain level of responsibility, you should have a level of insurance protection. Surprisingly, sometimes DINKS need certain insurance policies more than their peers with children. What follows are the insurance policies DINKS should have.
We’ve all seen the stories of couples who renovate their homes and end up hating each other. What are some reasons why home renovation destroys relationships? In this post, we will explore these reasons in depth.
When my grandparents got older, they moved in with my mom. Then, after my grandpa passed away and my grandma needed to go to medical appointments or hair appointments, my mom or one of her other children drove her. Though American families increasingly live further from one another, there are usually one or two children who live nearby to help their parents in their old age. However, DINKS don’t have this option. For this reason and others, DINKS may need a larger retirement fund than their peers.
While you can find plenty of advice for how to pay the least amount for getting an undergraduate degree, information about how to get a free graduate degree is scarce. That may be because most people who know they’ll need to do graduate work for their careers plan to get a bachelor’s degree as cheaply as possible. They then expect to pay more for their graduate degree. However, it doesn’t have to be that way.
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?
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 moneywise for decades. What follows is some of the best financial advice from my grandma that I received.
“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 DINKs are still living with moochers, but unfortunately, the moochers are their spouses. How should you handle 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.
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 your portfolio.
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.
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