Financial Resilience in the wake of a natural disaster!

  As the hurricane season approaches, it is a stark reminder and our duty, to ensure that we are prepared to handle any type of life-changing events and to become more financially resilient, should the need arise. As regulators of the financial industry, we are concerned about our stakeholders’ financial security in the wake of natural disasters. For emergency purposes, we always advise persons to have a minimum of six months’ salary put aside. This may be a challenge for some […]

Do you have an Emergency Fund? Maybe it’s time to invest in one.

Your future is unpredictable. The old adage, ‘It’s better to be safe than sorry’, is becoming more evident every day with unexpected weather conditions, vehicular accidents and medical emergencies. We never know what the future may hold, so it’s always best to be prepared. Many financial planners and investment advisers will recommend establishing an emergency fund for you and your family. It should ideally be one of your highest savings priorities. These five tips will help you set goals and […]