Thursday, February 26, 2015

My First Private Screening: 50 Shades of Grey

Last Friday night I had the pleasure of attending Rough Rider condom's private viewing of Fifty Shades of Grey at Palace Cineplex.
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Back in 2012, the phenomena, like most other fads, totally missed me here in my little corner..... Fast forward to 2015 & everybody & their grandmother has an opinion on the books & the movie...most of which are bad. I am not one to who takes reviews as gospel (as we Jamaicans would say) instead I like to read books or watchr movies & form my own opinion... so I went into the viewing with an open mind.

Sunday, February 1, 2015

The $150 Challenge

Last week was a very enlightening week for me. I had a well needed talk with my boss' Insurance Advisor which got me thinking hard about my current financial status. Let us just say that financial literacy has never been something I had an excellent grasp on until recently & I still have more to learn.



Back to my conversation with the Insurance Advisor..... she reminded me of something I learned a long time ago but had not put into action for awhile.... paying yourself first! She stressed that I should have been saving at least 10% of my monthly earning since the day I started working there in 2012.

Like I said before, this concept was not new to me by any means but for some reason I have constantly used bills & unnecessary wants as an excuse to not save a [substantial] dime.

Fast forward to Friday...my bestie Shauna & I were talking & she mentioned to me that she was going to start the $150 Challenge!

At first I thought, the $150 USD Challenge? which made me not even consider attempting that challenge. Luckily for me she meant the $150 JMD!



My Jamaicans are probably saying, "That is not money!" & on a normal day the most it can give you is one-way ride on a JUTC bus. It may seem small but it can make a difference after a period of time.

Back to the challenge...

The challenge is to save at least $150 JMD a day & at the end of the month whatever is saved, I would match that total & then lodge it in the bank.

Therefore, I can save at least $66,000 JMD (at least $600 USD) at the end of the year.

The money saved can go towards "My Retirement" saving plan or  help me finance a trip somewhere.


Of course I will also continue my current saving pattern & ensure that my 10% "self payment" goes to my saving account where it will remain untouched until I am ready to make a "big purchase" or invest it wisely.

Wish me luck & share with me any other saving strategies you may utilize.