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!
Real Estate Investing During Covid-19
Intro Interest Rates are Low So Should I Invest In Real Estate?I was recently a guest on TVJ's townhall where the topic of discussion was investing during Covid-19. The link for the full interview is here...
Tips to be Safe with your Money During COVID19
Intro Guidelines on Protecting Your Hard Earned Dollars Contributed by David Rose With COVID-19 causing more economic harm than physiological harm on the nation’s health, this is the worst time for anyone to be fleeced of their hard-earned money as a result of...
Loan Deferrals
Intro What is a Loan Deferral and Do I Need One?Payment holiday, moratorium, forbearance, loan deferral - I am sure you have been hearing all these terms in light of the Covid-19 pandemic and may not have a clue what they are. What do they mean and how could they...
Life After Covid-19
Intro What Is Life Going to Be Like After Corona?On March 10, Jamaica had its first case of Covid-19, the novel (new) corona-virus. The virus has led to massive changes in the way we do things; the way we work, the way we interact with people in public, how we...
The Financial Responses to Coronavirus – Around the World
Intro How Economies Are Reacting to COVID-19Stock markets around the world have been reeling from the effects of Covid1, with some of the largest declines in history, particularly since the last economic recession in 2009. The table below shows some of the key markets...
What Does Know Your Customer Mean?
Intro KYC - How Does it Impact Me?Have you ever wondered why is it that you need to provide so many documents to operate a bank account, to apply for a loan or to do business at most financial institutions? As a Jamaican trying to access financial services for the...
Is a Motor Vehicle an Asset or a Liability?
Intro Is having a car adding value to you or costing you $$You have been thinking about purchasing a motor vehicle, but are unsure about whether to buy new or used. It is an important milestone and there are a few things that you may need to consider before diving...
Line of Credit – A Comparison to Other Unsecured Loans
Intro What is a Line of Credit and How Does it Compare to Other Products? A line of credit (LOC) is a facility that is usually tied to a bank account, that allows a borrower the flexibility to use funds in excess of what is contained in the account. E.g. if you have...
Your NHT Benefits Explained
Intro What are the Benefits being Offered by the NHT?Are you thinking about buying a home but have no idea what the benefits of using the NHT are or perhaps you are making NHT contributions and don’t know why or how you can get them refunded? I spoke about a few of...