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Blog

Voting: A Strategic Investment in Our Future

As our U.S. neighbors prepare for their upcoming election, it’s a good time to reflect on the parallels between voting and investing. Voting isn’t merely a civic responsibility; it’s an investment in the future of our community.

Why Personal Finance Education Should be a Core Part of the Curriculum...

Children throughout The Bahamas are now back in the classroom; however, they are missing one key component to give them a well-rounded education, personal finance education. Basic personal financial education is an essential life skill that has become increasingly important in today’s complex economic environment.

Choose Your Financial Friends Wisely: A Guide to Healthy Financial Rel...

Our friendships, family, and community profoundly influence our financial decisions. Like children, our behavior is often a mirror of the environment in which we were raised, and the values we were taught. This behavior often continues into adulthood, and we tend to reflect the habits and attitudes of those around us when it comes to money...

How a Modernized Power Grid Fuels Personal and National Financial Grow...

In a significant move towards modernizing the electrical infrastructure on New Providence, the government entered into a 25-year agreement contract with Pike Corporation to upgrade and manage Bahamas Power and Light’s (BPL) transmission and distribution (T&D) system through a special purpose vehicle (SPV) called Bahamas Grid Company.

A Parent's Guide to Saving for College

With schools winding down, students looking forward to soaking in the dog days of summer poolside and high school grads gearing up for a new adventurous chapter in their lives, parents are without a doubt reflecting on how they can best give their children a leg up in life.

Can You Afford to Retire in Your 30s?

To retire in your 30s, understanding your specific needs and goals is crucial. We will explore important things you need to know in your journey toward a successful retirement.

Overcoming Financial Setbacks: Strategies for Building Resilience and...

With April observed as Financial Literacy Month, we’ll delve into strategies you can implement that can make you become more financially resilient, particularly in the event of financial setbacks.

Three Reasons Women Need to Save More for Retirement

This month is International Women’s Month. Over the month, our blogs will focus on financial planning tips for women. Saving for retirement is important for everyone. However, women have some unique challenges when it comes to planning for retirement.

THE BEST FINANCIAL RESOLUTIONS TO COMMIT TO NEXT YEAR

At the end of each year we take time to reflect on our behavior and achievements, or lack thereof, in the outgoing year and resolve to improve in the new year by setting fresh goals or revisiting old ones. This blog post will explore a few of the best financial resolutions that you can commit to next year.

5 SMART WAYS TO USE YOUR BONUS OR RAISE

The holiday season is upon us again and during this time many companies give their employees a well-deserved performance bonus or raise. If you are lucky enough to receive extra compensation this year, here are 5 smart ways to put it to work (no luxury car purchases, or shopping sprees included).

DO'S AND DONT'S OF HOLIDAY SPENDING

Christmas is an exciting time of the year for many. It is the time of year when we celebrate the birth of Jesus Christ and cherish this special time of year with our families. Christmas celebrations can include holiday parties, dinners, and gift-giving. Gift-giving and celebrations can lead to a lot of money being spent. Here are some of the key do...

7 STEPS TO INCREASE YOUR FINANCIAL FREEDOM BY REDUCING DEBT

Are you stressed out over your finances? Are you overburdened by debt? Are creditors contacting you due to missed loan payments? Having high levels of debt increases your financial burden and affects your ability to pay for regular expenses. By reducing debt, you will improve your financial flexibility and your ability to save towards your emergenc...

GIVING MATTERS: MAKE A PLAN FOR GIVING BACK

There is power in giving back to our communities. It provides an opportunity to have impact in the lives of others and in causes we cherish most. With Covid-19 lockdowns still fresh on our minds, we find ourselves thinking, “How can I make a difference?” It is never too early – or too late – to plan for giving.

DON'T INVEST JUST YET: 5 THINGS TO DO BEFORE INVESTING

Investing is an important part of building wealth and can include purchasing stocks, bonds, mutual funds and much more. Before you start investing, be sure that you have these things covered.

SPEND LESS, SAVE MORE: FIVE STEPS TO CREATING A PERSONAL BUDGET

Want to create a personal financial budget but don't know where to start? Learn about your money habits and take control of your finances with these easy tips.