While it’s true that a business plan is essential for aspiring entrepreneurs, calling it simply “crucial” might underestimate its true power. A well-structured and informative business plan is not just a checklist of features, but a strategic roadmap that can make or break your venture. Think of it as the …
Read More »Debunking the myth: Boeing study and retirement age
There’s a persistent belief that retiring early translates to a longer life, often linked to a supposed “Boeing study” on life expectancy and retirement age. This article dives into the truth behind this claim. The ‘Boeing study’ and its findings The concept hinges on an actuarial study supposedly conducted by …
Read More »Capital flight: What happens when governments nationalise bank accounts
In recent years, the spectre of capital flight has haunted countries grappling with economic instability, as governments, in desperate bids to solidify control and stabilise their economies, have taken drastic measures by nationalising bank accounts. Such interventions, far from being a panacea, have often precipitated dire consequences for the national …
Read More »Is there still a middle class in Trinidad and Tobago?
Whether a robust middle class still exists in Trinidad and Tobago is a complex question with no easy answer. Here’s what we know: Arguments for an existing middle class in Trinidad and Tobago The World Bank’s income-based definition of the middle class, placing individuals earning between US$10 and US$50 per …
Read More »Can you afford to retire? Use this guide to navigate inflation and plot your golden course
Picture this: you’ve traded deadlines for deckchairs, swapped spreadsheets for seashells, and finally claimed your well-deserved retirement victory. But amidst the blissful freedom, the nagging questions may lurk: Did I plan enough? Can I afford to retire? Retirement, while a golden chapter, requires smart financial preparation. It’s not just about …
Read More »Coping with a tight budget
Small changes can help you stick to your tight budget and allow you to have a comfortable lifestyle. If you often say, “It’s like I got paid in front of a fan,” then you are in dire need of assistance to make changes to your life that would allow you …
Read More »Why do I really need insurance?
By Patricia James-Wilson. The topic of insurance and the need of having insurance is always a conversation for contention. The demographics of thoughts and feelings on the topic normally range from those who feel that insurance is a rip off from the word go, to others who will swear up and …
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