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Yet another Caribbean country has turned to an economic citizenship by investment programme. Reports indicate that this was done in an effort to boost a struggling economy riddled with debt; rising financial commitments; and projected low economic growth for the future. St. Lucia has joined St. Kitts and Nevis, Dominica, Antigua and Barbuda and Grenada as… Read More »Economic Citizenship by Investment in the Caribbean
Has it ever crossed your mind that retirement is like the Olympics? Here is why it crossed my mind. For roughly 17 days every four years, athletes from around the world are actively engaged in an event. It’s an event that’s considered as the crème de la crème of the sporting world. The Olympics is… Read More »Why Retirement is Like the Olympics
If you’re not disciplined you might find it difficult to save money. Having to physically deposit money on a particular account might be a bit of an inconvenience and a challenge. By having an automated savings plan, you can save yourself those hassles and make saving a priority. Automated savings can be initiated via your… Read More »Why You Need An Automated Savings Plan
Saving for a rainy day can help us to prepare for the unexpected. This post is a part of Women’s Money Week 2012. For more posts about Saving and Investing, see womensmoneyweek dot com. I believe that we should try to save for a rainy day. As I was writing this post, a quote that… Read More »Why Saving For a Rainy Day is a Good Idea
Even though I’ve been employed full-time for about eight years, I’ve been on track for retirement from the time I finished university. From the time I received my first pay cheque, my mother encouraged me to start a registered retirement savings plan (RRSP) with a local credit union. I followed her advice, and to this day,… Read More »Are You On Track for Retirement?
I’m a firm believer that you should teach children to save money. A couple days ago, a friend of mine updated her Facebook status. Pretty normal, just like any other day on good ol’ Facebook. But the status caught my eye because it was something that I can’t remember hearing anyone talk about in a… Read More »How to Teach Children To Save Money
Trading on the stock market is one of those areas that I find really grey and hazy. One of my earliest memories of CNN is hearing people talking about Wall Street and seeing what looked like a hundred people in a room with two hundred televisions. It looked like a mass of confusion and chaos.… Read More »Beginners’ Tips for Trading on the Stock Market
For a long time I’ve been trying to figure out how to save more money. I need to save money, but I’m in a bind because I can not trim anything else from my budget. I’ve budgeted down to the cents, which is not a good thing. I could always hope and pray that I… Read More »Get a Part Time Job to Save More Money
One day I found some extra money in a pair of jeans that I had not worn in ages. I stuck my fingers into the pocket and felt what I thought was an piece of tissue. I pulled “it” out of the pocket with every intention of throwing it away. But alas! It was not… Read More »What Should I Do With Extra Money?
I can’t remember ever being so engrossed in a speech. I’ve been known to nod off and yawn repeatedly because of boredom. That did not happen when I attended the Fortress Fund Managers Investment Forum over the weekend. Valerie Coleman Morris was the keynote speaker and her area of expertise is personal finance. She admitted… Read More »What I Learnt from Valerie Coleman Morris