Event Page - Securities Commission of The Bahamas

Former Senator Thompson encourages persons to embrace change and find new opportunities in the midst of life’s challenges. He appeals to persons to hone or develop digital literacy and digital skills to tap into the opportunities that life’s challenges have presented, like the accelerated integration of innovative technologies in everyday life and processes.

Franklyn Butler of the Cable Bahamas Group talks about delayed gratification, separating needs from wants and monetizing your trades and gifts. Stay tuned to find out when new videos will be released.

S Rosel Moxey briefly recommends debt consolidation. She talks about the financial benefits of turning credit card debt into a regular loan, which can be included in debt consolidation. Using this approach, persons may realize a difference in monthly payments. The difference can be used to take actions that lead to financial resilience.

Patrick Ward of Bahamas First advises us to plan ahead and seek advice from an insurance professional. Having a proper insurance plan can not only protect your assets, but can facilitate wealth transfer from one generation to the next.

Attorney Hope Strachan offers realistic ideas to help us regain our financial footing. Small steps like making and sticking to a budget, minimizing online purchases and subscriptions and planning ahead before a shopping trip could all reduce expenditures and help you get back on track faster.

Ed Fields notes the challenge of being financially resilient. He encourages persons to leverage the resources at their disposal to accomplish their goals. Fields outlines several steps to do so. These steps include defining your financial goals, making a plan to accomplish those goals and doing whatever it takes to accomplish those goals.