Tag Archives: reduce debt

2015 Money Forecast

January 2, 2015Money Reflectionsbusiness venture, entrepreneur, Jamaica, Money Coach, New Years resolutions, personal finance, reduce debt, retirement planCHS

Another year has arrived and I would like to wish all my loyal readers a Happy New Year! For me, 2014 was filled with new beginnings and break-through events. I also encountered delays in completing some goals and learned valuable financial and business lessons from my experiences.

One of the highlights of 2014 was the interaction with my readers. This column has given me an outlet to meet many persons who share my interest in personal finance or need assistance with their money concerns. I look forward to engaging with many more of you as this year progresses.

The wonderful thing about a new year is that it gives us all the opportunity to erase the mistakes and disappointments of the past twelve months and set a more positive agenda for the coming period. The past is history; now is the time to chart your course for a more prosperous future.

Try to visualise 2015 as a new day just before the dawn breaks. As you gaze out into the horizon, what kind of financial ‘weather’ do you foresee that the upcoming period will have in store? Does your money forecast for the New Year feature dark, stormy clouds, or bright, sunny skies? Continue reading 2015 Money Forecast →

It’s Time to Plan, Not Panic

February 22, 2013Money Reflectionsbudget, give to charity, increase income, Jamaica, life insurance, Money Coach, personal finance, rainy day account, reduce debtCHS

With the recent announcement by the Jamaican government of more tax increases and another National Debt Exchange, many people are understandably worried about their personal finances and our country’s economy. While the repercussions of these measures are still unknown, we can be sure that there will be more daunting economic challenges on the horizon.

In periods of upheaval and uncertainty, it is even more important for us all to be innovative in thinking of ways to survive and succeed. When faced with a financial problem, you can either choose to let it overwhelm you, or you can decide to adopt a solution-oriented approach to conquer your concern. Here are some strategies to cope with these times:

Be calm

It’s easy to get flustered by your money problems, but panic will only prevent you from finding solutions. It is possible to be relaxed in spite of your challenges if you have a workable plan of action. There are money principles that help you to succeed in good times and in bad times, so you must learn and apply these success steps instead of worrying. Continue reading It’s Time to Plan, Not Panic →

2012 Money Mission Review

December 28, 2012Goalsbudget, Jamaica, Money Coach, New Years resolutions, passive income, personal finance, productive activity, recycling, reduce debt, spend wiselyCHS

This year, we started off on an optimistic note, asserting that it was possible to make 2012 your best financial year ever, despite the challenges that you may have been facing. To guide you along the way, I outlined a Money Manifesto with 12 commitments that were essential if you wished to achieve financial success.

Recognising that many people abandon their new year’s resolutions by the end of January, I thought that it was important for us to make more regular declarations if we really wanted to improve our financial well-being. My monthly Money Mission suggestions were designed to help keep you focused on carrying out your money goals.

If you have been reading my recommendations every month, how successful have you actually been in carrying out the advice? Has your year been a ‘Mission Accomplished’ or has it been yet another 12 months of ‘Mission Impossible’? Let’s review all the money objectives that we proposed during 2012. Continue reading 2012 Money Mission Review →

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Tag Archives: reduce debt

2015 Money Forecast

It’s Time to Plan, Not Panic

2012 Money Mission Review