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Channel: Financially S.M.A.R.T. Advice » emergency fund
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Rainy Day Savings

“I’ve just found out that my company is going to be laying off some workers next month, and I think that I might be one of the unlucky ones. If they let me go, my redundancy payment would be very small...

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When Emergency Strikes

“Into each life some rain must fall. Some days will be dark and dreary.” -Henry Wordsworth Longfellow “Your bill is J$2,100,”  the cashier muttered.  As I handed over the money to the cashier at the...

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Managing Money When You’re Sick

Illness can wreak havoc on even the best-planned budget and throw your money management into disarray. Most people aren’t concerned about how sickness can affect their financial lives until they are in...

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Money Manifesto for 2012

As many Jamaicans go to the polls today to select the party, people and policies of their choice, I thought that I would create a ‘Money Manifesto’ containing all the financially smart steps that can...

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Saving Is Still In Style

If you have made a determined resolution to improve your finances this year, then our 2012 Money Manifesto will help you to chart the course. Last week we looked at the fundamental principle of...

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Money Mission: Stop Procrastinating!

Isn’t it amazing how fast we have sped through 2012? It seems like just yesterday we were making optimistic declarations about our plans for the new year. Now, there are only 60 days left until this...

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Expect the Best, Prepare for the Worst

For many people, thinking about the subject of money brings on negative emotions ranging from mild confusion, constant frustration, sheer anxiety to full-blown panic. It’s unfortunate that such an...

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Money Mayday

Historically, the first day of May was celebrated around the world with activities, including the crowning of the May Queen and dancing around a maypole. In modern times, the May Day festival has been...

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Financial Fears

Fear has been described in the acronym False Evidence Appearing Real, indicating that very often the thing you fear is not factual, but just based on some perception in your mind. Sometimes you may...

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Making Sense of Saving

I recently overheard two shoppers discussing the high price of groceries at the supermarket. One lamented that she had to discontinue her son’s college savings plan as it was costing her more each...

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Jamaican Style Money Guide: Trouble Nuh Set Like Rain

From June to November, many in Jamaica keep an anxious watch for signs of an impending storm. During the months of the annual hurricane season, we are more likely to see these dangerous weather systems...

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