Make sure your family pays some of the bills, despite how keen you are on keeping it happy.
And try to eliminate or minimise the “bad debts” that go towards entertaining yourself.
These were among the suggestions which regional manager of First Citizens Investment Services Limited Carole Eleuthere-Jean Marie had for people attending a leadership symposium for woman dubbed Secrets Of A Six-Figure Woman at the Cave Hill School of Business yesterday.
While urging females not to let their debt spiral to more than 45 per cent of income, she frowned on some Caribbean people’s habit of getting substantial loans to cover vacation travel and even carnival expenses.
She suggested homeowners look at ways of using their property to generate income, at the same time suggesting spouses, children and other relatives – major contributors to the expenses – be asked to foot some of the bills.
Please read the full story in today’s Sunday Sun, or in the eNATION edition.
