Money Challenges

5 Money Challenges for Couples Trying To Save Up

July 21, 2022 by Tamila McDonald Leave a Comment

Have you ever noticed that the moment you start trying to save money, something always seems to come up? This is also true for many couples today - top it with inflation causing food, gas, and utilities to rise. Money isn't going as far as it used to and savings are taking a beating. Here are 5 money challenges for couples trying to save up. Rising Inflation One of the … [Read more...] about 5 Money Challenges for Couples Trying To Save Up

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.

6) Invest in stock. Stocks preform better than bonds or cash.

7) Avoid high interest debt. Credit cards and title loans are financial cancer.

8) Diversify. Don't put all your eggs in one basket.

5 Money Challenges for Couples Trying To Save Up

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