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Dollars and Good Sense provides valuable tips and insight on how to better manage your money. We always want to see our clients grow in their knowledge of their own personal finances.

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Maximize Your Christmas Bonus

How could an investor have turned J$80,000 into J$257,087.22 between January 2016 and November 30, 2017?  This may seem like a Christmas miracle; however investors who would have invested J$10,000 in each of the eight initial public offerings (IPOs) listed on the Jamaica Stock Exchange Junior Market between, January 2016 and November 30, 2017, could have made a 221% return on their initial J$80,000 investment.

Christmas Shopping on a Budget

Christmas is in the air and so is the associated Christmas shopping.

From Financial Frustration to Financial Peace of Mind

“My light has been disconnected again Michelle!” I could hear the agony and frustration in my friend’s voice. Wendy’s job title implied she was middle class. However, she felt like a failed bill juggler and a bad money magician, since she just could not stretch her salary to cover even her essentials. Have you ever felt like this?  Don’t worry.  Here are some tips that helped my friend will help you too.

Money Lessons for Your Kids

Are your children learning good money habits from you?  “Save up to buy shares in Nike before buying another pair of Nike shoes,” was the life-changing advice that Damon Williams, a teenage entrepreneur got from his mom, April Williams. The result, at 14 years old, her son, Damon, grew his net worth to more than US$50,000. Damon’s story is a hallmark of how parents can teach their children, the invaluable lesson of investing and saving at a young age. 

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