Never stop learning
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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What You Need to Know Before You Purchase Your New Property
Are you thinking about purchasing real estate? More than likely, it will be the most expensive and most important financial decision of your life which may affect your long-term wealth. So here are some questions to ask yourself and some calculations to help you to make one of the most important decisions, one of your best decisions.
Retirement Planning: Making Your Money Last a Lifetime
Whether you plan to spend your post-working years as a globe trotter, take up a new hobby, enjoy the simpler or finer things in life; the opportunity to just march to your own beat every day is probably the most rewarding part of retirement. Yet, how many of us have placed retirement and post –retirement, as a top priority?
7 Subconscious Financial Drivers to Avoid
“I am in need of help to urgently re-engineer my finances!” was the WhatsApp message I got from a frustrated stranger, Everett, at 5:05 a.m. With a whopping $286,000 monthly, going towards eight (8) loan repayments, not including his mortgage, Everett was left experiencing sleepless nights trying to find an escape out of the cycle of debt. Like Everett, do you need to revamp, re-engineer, recharge or restructure your finances?
Retirement Planning for Women
Women generally live longer than men – on average by six to eight years. This difference is partly due to an inherent biological advantage for the female, but it also reflects behavioural differences between men and women, according to World Health Organization (WHO). This statistic rings true for Jamaica, where women have a life expectancy of approximately 76 years when compared to their male counterparts of 73 years. As a result of the longer life expectancy for women, they will typically receive a lower monthly pension payment compared to men, notwithstanding contributing at a similar rate of contribution to a pension arrangement.