Gaining Financial Independence

Discipline, Tolerance and Production. The watch words of our beautiful twin island, Trinidad and Tobago.  As a body politic, these words apply to every dimension of our lives. One such dimension in particular is our financial lives. We tend to spend a great deal of time mentally juggling mechanisms that will allow us to competently pay our expenses and still remain with sufficient disposable income to invest and recreate ourselves. We make it our duty to strive toward gaining Financial […]

The JAVA Budget

Make JAVA days, better days, with a JAVA Budget.   The sunny JAVA months make it easy to unwind. Unfortunately, it can also mean unwinding financially. You may probably be wondering, “What does “JAVA” mean?” Well, in case you missed it, “JAVA” is simply an acronym for the July-August Vacation. For the most part, your finances get derailed during this period of the year as a result of many personal  commitments or responsibilities that arise which include: graduation ceremonies for […]

MFATT: Types of Mutual Funds

A Mutual Fund is a collective investment scheme that pools investors monies to form the source for investments in various securities depending upon the investment objective of the scheme eg. equities, bonds, money market instruments, other financial securities.   For investors who would like to invest in mutual funds, where do they start? The number of funds is so large and investment programs so varied, that investors could become overwhelmed. Generally speaking, there are four broad types of mutual funds; […]

Managing your Family’s Finances

Managing your family’s finances isn’t an easy task. In addition to offsetting the cost of raising children and managing the household, you’re probably facing hefty financial burdens, such as saving for retirement, college tuition, home ownership, and more. Although it may seem a bit overwhelming, balancing your family’s short and long-term financial goals is possible.     The following tips will help you and your family move closer to financial security/ financial freedom.   Define your family financial goals- Remember […]