Hey Guys! Happy New Year!!! Or as I've been hearing recently, Happy Belated New Year! I'm not even sure what that means, but I love the sentiment LOL! So, 2018 is gonna be your year right? This is the year you're gonna get your money right! I believe in you, and now is one of the best times of the year to put plans in place to achieve those dreams. With that said, lemme help you start your year off right with a few tips aka Operation Triple P.
Tip 1: PLAN!
Planning is everything. It's the 1st step in any successful story so its time you worked on your financial plan a.k.a your budget. This is the year you finally make (and stick with!!) a proper budget, and I've got just the guide for you, right here! Don't worry if you don't know anything at all or where to start, that guide will get you up to speed. Think you already know enough, check it out anyway, its a great guide. If you think otherwise, feel free to hop over to twitter to let me know. In addition to that article you might find some use in this piece which I wrote as a companion to the budgeting article. Now that's a good start.
Tip 2: PICK!
We know you can save money, but you also gotta MAKE that money make money for you. 2018 is the Year you should graduate past saving and start investing. I mean it. The interest rate on a savings account is a less than 1% (before taxes and fees bring it into the negatives) while the average price appreciation on the main market of the Jamaica Stock Exchange was 52% for 2017. Which savings account or investment product gives you anywhere near that? Lemme know...
So it's time to get serious and get started with investing in the Jamaica Stock Exchange. That's a real quick guide to get you on your feet. I'll help you with step 1 of that too, which is helping you to pick a broker (and also where the whole "pick" thing in the title came in. That article will give you the hookup so you know what to look for when picking one (and who my preference is). The next step in picking is knowing which companies to pick, a piece on this is coming soon. I'll update this post when it drops.
Tip 3: PROFIT!
With the right info, the right broker and the right companies you'll definitely be on the right path to profit. How you spend your profits will be up to you but there's nothing quite like using your money to make your life better. Keep that up and in a few years you'll be quite comfortable. A good step towards that comfort and financial stability is to have a safety net. Here's how to start building one. Great way to put those extra funds to good use eh?
This year I plan to hit you guys with as much knowledge as I can. That means my personal resolution is to post more, share more and make more. Expect a lot more articles from me, but all in the same style, short, sweet and informative. As I like to say, the rum nicer when everybody can afford it. Lets make this year awesome.
P.S. Sign up for my mailing list so you never miss an article by clicking here. You'll get a nice simple update whenever I send something new out! Happy New Year!!!