We are very excited to welcome our baby boy into the world, into our lives, and into our hearts! Having been married for four years, we are more than emotionally ready to extend our family beyond husband and wife. Being emotionally ready to have a baby is one thing; being financially ready is another! Read the rest of this entry
You’ve probably heard King Bach’s rule “don’t swipe left, don’t swipe right” when looking at pictures on someone else’s cell phone. Well, in the Darko household, we have a rule… don’t swipe up, don’t swipe down! Instead of using a debit or credit card, for many of our purchases, we use cash . Here’s 4 reasons we carry cash: Read the rest of this entry
Budgeting… the 6th love language?
The Five Love Languages by Gary Chapman is a book about how individuals express and receive communications of love – 1) gift giving, 2) quality time, 3) words of affirmation, 4) acts of service, and 5) physical touch. We would add budgeting to that list. Yes! Budgeting is an expression of love. You could also call it distribution of resources. But, considering that disagreements over money are the number one cause of marriage stress and divorce, it’s only logical that making and following a budget is an expression of love. Here’s why! Read the rest of this entry
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
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
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
Our first video! We created a quick tutorial and review of Dave Ramsey’s EveryDollar budgeting system. This tool is designed to help you plan how to spend your money to your best benefit. If you’ve ever wondered where you spent most of your money at the end of the month, EveryDollar just might be the tool for you! Take a look and tell us what you think! Thanks for watching!