Get Money Smart, Bahamas.
Financial literacy is the language of money. And like any other language, you must be able to speak it in order to communicate and thrive within that environment. Take a look at our resources to learn more about financial literacy, why it matters, and how to manage your money wisely.
The Bahamian Economy
Find out how the Bahamian economy works and how this knowledge can benefit you…and your bank account! In this topic, we take a look at The Bahamas’ micro and macro economic landscape: What are the largest economic sectors of the country? Why are foreign reserves important? And above all, how does this impact you and your money?
The banking industry is ever evolving. Get up to speed with digital banking and protect yourself with our online safety tips. Amongst other Money Smarts, you will get to learn about the upcoming Bahamian Credit Bureau and how it may affect your borrowing habits.
Personal Debt Management
Time to take control of your credit cards, car loans and mortgage payments. Learn how to manage or get out of debt, find out about different types of loans and get a clear picture of how salary deduction works. All of this and more pearls of financial wisdom to help you achieve your financial goals.
Insurance – you never really need it… until you need it. Don’t wait until it’s too late to regret never having it. We’re having the uncomfortable conversation of insurance – how it protects you during the hardest of times, what it has to offer, its various types and the risks associated with it.
Having trouble saving? Don’t know where to invest your money? Learn about the many options and opportunities that come along with smart money! From capital markets and pyramid schemes to crypto-currencies, after reading this segment, your financial knowledge should increase for the better.
retirement and pension
We’ve all thought about it at some point or the other - retirement. Though we have no idea what the future holds, it’s best to start planning ahead now. In this topic, you will learn about the ins and outs of retirement plans, their risks, the national retirement program as well as private programs and their options.