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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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. Using her exact words, she said, “Mich, I feel like a failed bill juggler and a bad money magician.” Have you ever felt like this? Don’t worry. Here are some tips that helped my friend, Wendy, to journey from financial frustration to financial peace of mind, and are sure to help you too.
Are Your Financial Goals Vaccinated Against Financial Crisis?
What do the following all have in common? The financial crash of the 1990s, the World Financial Crisis of 2007–08, Jamaica Debt Exchange (JDX) in 2010, National Debt Exchange (NDX) in 2013 and Coronavirus (COVID-19) in 2020. They all caused major changes in the financial markets, resulting in many persons, like you, delaying or changing their financial goals.
Your Life’s Philosophy & Your Money
What is your life’s philosophy? How has it shaped your financial decisions?
What Will Your Financial Dreams Cost You?
We probably have all heard the saying, time is money, which is a quote attributed to Benjamin Franklin. Therefore, if two persons earn different salaries, the cost of their time is also different. To illustrate this, let us calculate how much “time” or days of your labour an item priced at J$28,000 will cost you and other persons whose salaries may be dissimilar to yours. Follow the example in the table so that you can determine how much is your time worth as well.