Category Archives: marriage

Our year of failure was a success!

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Happy 2017! We are super excited to share this update with our readers! Last New Year, we themed 2016, the year of failure. You might be asking, “Why would anyone theme an upcoming year “a year of failure”?”  Well… keep reading!

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You surprised me with a new car… Was that in the budget?

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Renée was recently reminiscing of when Nii surprised her with her first smartphone in 2011 while still dating. “While I appreciated the gesture, my phone bill shot up because, now, I had a data plan.”  Renée’s budget is something Nii did not consider with his surprise. The surprise did not include Nii paying the monthly bill, and Renée’s income did Read the rest of this entry

The Darkos’ Top 5 Money Podcasts!

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Here at Team Darko, we’ve had some very interesting lessons to learn over the past year. Having two MBAs in the household, we were knowledgeable about business finance, but we still had a lot to learn about personal finance. We got the message about being frugal and saving money growing up. But, what about making our money work for us? Stocks, bonds, and other various vehicles to grow our money… We have a lot to learn about those. Read the rest of this entry

9 easy steps to the Darko debt payoff schedule

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Have you ever felt the need to cut back on the amount of debt you have? Have you ever felt annoyed when debt collectors call you? Have you ever felt guilty about not opening your mail because you hate seeing how much you owe? Have ever used one credit card to pay off another credit card debt? Some of you might recognize this as the CAGE questionnaire used for alcoholism screening. Why use this questionnaire to describe problems with debt? Read the rest of this entry

Debts of our Lives (Part 2): Paying off $130K debt in 6 months was good for our marriage

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Going into our marriage, we were a great set up for divorce… statistically speaking anyway. It’s common knowledge that the number one reason for divorce in America is money issues. We had accrued more than $800K in debt coming into the marriage. While we both knew how much combined debt we had, there was no clear pre-marital conversation on how we would address it once we said “I do”. In Part 1 of this post, we talked about realizing that we hadn’t made a solid plan to pay off our debt or save money.  A few months later, it was time to go Janet Jackson mode and take “controoool”! (Get those shoulders movin’!)

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Like sands through the hourglass, so are the debts of our lives… (Part 1)

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It was April 2014, about five months after our wedding, and we were ready to call it QUITS! Oh… Not with each other, with our financial advisor and our life insurance agent. They were very nice people, but we were frustrated about not having a plan of attack for our excessive student loan debt and crazy high life and disability insurance payments.

The advice we were getting was not specific to our new situation. Being married is financially different than being single. It’s a two income household now, but it was like our money wasn’t working to our benefit. We weren’t saving or investing as aggressively as we knew we could, and our student loan debt definitely was not decreasing as quickly as we wanted. We didn’t have a plan! Read the rest of this entry

Married “two” medicine

DSC08121We were finally catching up on season 5 of The Walking Dead when my (Renée’s) phone rings. “ER” pops up on my caller ID.  “Ugh! Why are they calling  me now?!?” The physician assistant tells me the story of a woman having a miscarriage. I decide that I need to go in.  Nothing unusual about our quality time being interrupted by work.

Half jokingly, “Wanna come with me?” I ask Nii. It’s his day off and no doctor wants to be in the hospital on their day off. Surprisingly, he says,”Ok, I’ll go with you. But, I’m going straight to the lounge. I don’t want anybody stopping me in the ER!” So, we leave the comfort of our home and head in… together.

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How we accrued over $800K in debt in 8 years!

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“…’til student loan debt do us part.”


“GOOD DEBT” TRAP

Ever heard of “good debt”? You know… good debt! Student loans, mortgage, car… that good debt. The kind that “builds up your credit.”  As the great Bob Marley said, “Don’t let them fool ya! Or even try to school ya!” There is no such thing as good debt. What is so good about owing anybody money? Nothing! Debt is bad. Period! Read the rest of this entry

Meet Nii and Renée… Team Darko!

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We are newly married doctors in debt up to our ears! We are NOT the Joneses. In fact, we might be opposite the Joneses.  We each grew up without much in pretty rough neighborhoods in Brooklyn, NY, and Irvington. NJ. You’d think that since we didn’t have everything we wanted growing up that we’d go crazy and get anything and everything we want as adults – especially two doctors! However… Read the rest of this entry