Tag Archives: economic woes

Money Mission: Curb Careless Consumption

Spending, , , , , , ,

All too soon, the month of December is upon us, and many people are busy making preparations for various kinds of seasonal festivities. If gift exchanges, holiday events, party clothes, lavish decorations, and Christmas feasts are part of your plans at this time, it means you could be spending a lot of extra money this month.

In light of the current financial challenges being faced by the country and its citizens, we need to be very cautious when it comes to our spending choices. At the risk of sounding like the Grinch who stole Christmas, the reality is that this is not really the best time to be engaged in too much frivolous spending.

With 2013 promising uncertainty in many areas of national life, it makes sense for us to adopt a more prudent approach to what we do with our money. The possibility of more job layoffs, the depreciating Jamaican dollar and the ever-shifting date for a final IMF agreement are only some of the worrying signs on the economic horizon. Continue reading Money Mission: Curb Careless Consumption →

Waiting in Vain?

Money Reflections, , , , , , , , ,

Dearest readers,

Since February 2006 I have been faithfully writing on the subject of personal finance, teaching you about the essentials of managing, multiplying and maintaining your money. It has been my pleasure to share all the money lessons I’ve learnt while searching to find answers to solve my own financial challenges.

Over the last five years, I have been honoured and humbled by the hundreds of readers who have shared their testimonies of how my articles have encouraged and enlightened them towards improving their financial situations. In fact, I have been privileged to meet and become friends with some of my more enthusiastic supporters.

Despite all the naysayers and negativity in the country, I have always held firm in my belief that it is possible for each and every one of us to be successful with money. Once a determined effort is made to learn and apply all the important principles that govern money, no one should continue to experience financial distress indefinitely.

However, as I write this article, I must admit that my heart is a little heavy. Yes, I have been preaching about the principles of money success and practising positive thinking about our problems, but this cannot be enough.

I recognise that a whole lot more needs to be done if the people of Jamaica are truly going to experience a change of economic fortunes.

Continue reading Waiting in Vain? →