Financial Centsibility

“Financial freedom is available to all those who learn about it and work for it.” Robert Kiyosaki – Author of Rich Dad, Poor Dad

 

Hi’ i’m Gillian! Welcome to my financial blog. Explore my articles or calculators to understand some of the more complex aspects of making a financial decision!

 

Credit Reports in Jamaica

Credit Reports in Jamaica

Intro Go Access Your Free Credit Report Today:A Matter of Life and DebtDo you know what your credit score is? Have you ever accessed one of your free credit reports? Do you know how many bureaus are in Jamaica? Let’s talk credit reports..  Imagine you applied for a...

Financial Literacy in Jamaica

Financial Literacy in Jamaica

Intro Jamaica Scores 33% in Financial LiteracyIn a report called Financial Literacy Around The World which was undertaken by Standard & Poor’s with representatives from the World Bank, it indicated that Jamaica is ranked 29 out of the 47 scores assigned to 142...

How To Get Car Insurance in Jamaica

How To Get Car Insurance in Jamaica

Intro Navigating Auto InsuranceCar insurance is a mandatory requirement for getting a motor vehicle in Jamaica. In fact, before you can purchase a vehicle i.e. transfer it into your name, you must show proof that you have insurance for it.    The industry is regulated...

Steps to Getting a Car Loan!

Steps to Getting a Car Loan!

Intro How Do You Navigate Getting a Loan to buy a Car in Jamaica? Congratulations! You’ve made the decision to purchase a motor vehicle. So what next? Navigating the auto loan landscape can be tough, particularly for first time purchasers. These eleven steps on...

Why Pensions Are Important!

Why Pensions Are Important!

Intro The Earlier You Start to Save, the Better Off You Will Be on Retirement! If you had $50,000 today and and added $5,000 at the beginning of each year to an account earning the average rate of inflation of 4%, in 30 years you would have $442,000 dollars. If you...

Is Your Savings Rate Beating Inflation?

Is Your Savings Rate Beating Inflation?

Intro How Does Your Savings Rate Compare to Inflation? Most people keep their money in a bank because it is perceived to be the safest place for it to be. The truth is, banks are so heavily regulated that they are right. In light of the financial crises of the past...

Mortgage Rates in Jamaica

Mortgage Rates in Jamaica

Intro How Have Mortgage Rates Been Changing Over Time?Interest rates have been on the decline in Jamaica, as a result of the government putting several policies in place to make it cheaper for consumers to borrow, particularly when it comes to home ownership. A few of...