If you're a reader of personal finance blogs, you're probably wondering how to increase your wealth. There are many ways to go about doing this. One is to make your accounts more efficient, by increasing the amount of interest they pay or by improving your cash flow through reducing wasteful spending. However, to build serious wealth you'll want to maximize your returns. … [Read more...] about How To Get 20% Returns
How we do it
In honor of the fact that its pretty much 2020 already, here is a classic Saturday Night Live skit with some timeless advice A unique program for managing your debt. SNL skit featuring Steve Martin, Amy Poehler and Chris Parnell. So simple you can do it too! SNL- Don't Buy Stuff from Certell on Vimeo. You can also use this FREE tool from Undebt.it. They provide a … [Read more...] about SNL: Don’t Buy Stuff You Cannot Afford
New Years is right around the corner. This is typically a time when people take stock of their lives and determine what they want to do better in the coming year. If you want a financial resolution that is easy to do, consider tracking your spending. It is very simple. All you need to do is write down your expenses every day for 30 days. I started doing it a couple of … [Read more...] about Need A New Years Resolution?, Try Tracking Your Expenses
If you’re operating a niche business, sometimes your customer base is spread over a wide area. That can be a challenge when you’re trying to run something the size of a mom and pop operation and your customer base is national, because it introduces shipping and payment challenges, so you will need a good payment gateway software. When your customer base is international, it … [Read more...] about How To Reach Customers Outside Your Business’ Home Country
One good thing about Renaissance Italy is that its produced some excellent examples of how to build wealth and power. One example of a family that rose from relative obscurity to dominate European politics was the Medici. Beginning in 1360, the Medici dynasty produced three popes, two queens of France and vast amounts of money. … [Read more...] about Wealth and Renaissance Italy
It’s always astounding what a difference a few years of investing can make! One of the things my wife Miel and I have been doing is actively driving the process of how we build wealth by investing in stocks, saving aggressively (or not so aggressively) and self managing our real estate. Well, this long term investing appears to be paying off in terms of higher cash … [Read more...] about Save, Invest and Reinvest To Build Wealth
Yep, the original DINKs, James & Miel are about to no longer qualify for the status of DINKs. We are expecting our first child any day now and wanted to share a bit with our readers about the transformation. When we started DINKs Finance eight years ago, on the eve of our marriage, we were like many couples in their late twenties and early twenties. We really didn't know … [Read more...] about DINKs No Longer!
We've been watching the rise of AAPL stock (Apple, Inc.) closely. Apple announced a 7-to-1 split coming up in June, and the stock jumped 8% today! The word on the street is that AAPL is poised for record growth on solid earnings. When I initially bought AAPL in July of 2011, James was a naysayer in that he felt the stock was too expensive. We've gone round and round about … [Read more...] about Tasty AAPL
We just took a big step in selling one of our rental properties. This was actually James' baby, which he purchased in August of 2003, four months before I moved out to Washington. This studio apartment, in the heart of Dupont Circle and a whopping 336 sq ft, was what we initially cut our teeth on for managing rental properties. Since then we've purchased two more rental … [Read more...] about Rental Property Sold!
As we work on various improvements to our blog, we thought we'd share a more extensive About Us post. You can look forward to enhanced tabs with better access to some of our best content over the last eight years, as well as other resources we recommend. DINKs Finance was established as a blog in the spring of 2006 by James & Miel. About three months before our wedding … [Read more...] about DINKs Finance – About Us