Lets talk about affordability. I will never forget the look on my clients face when I tell them that $1,000,000 term life will cost them as little as $250 monthly. Unbelievable isn't it? Lets compare that cost shall we. That's less than - a full tank of gas that will probably last 8 days. - approximately two café latte per week at Starbucks - cable bill - internet bill - tickets and popcorn for two at IMAX    I guess you get the picture. When we look back at the small amounts we spend on trivial items why not consider how  $1,000,000  would benefit your spouse, children or elderly parent if you were taken too soon.

As you all know its mandatory to have motor insurance once you own a vehicle, yet people still shy away from owning life insurance. Lets say an accident does occur and both the car and life is lost. Will a family find comfort in a replacement car while they mourn the passing of their loved one.                             What's your thoughts on this?       I'll love to know ,place your comments below.

      . Budgeting is about control          . Understand what's your true monthly income     . Think emergency fund     . List all monthly expenses

R esist the herd mentality Some people make financial decisions not because it's a good investment but rather because of emotion. Consider basing those decisions on need rather than want. Just because everyone's doing it doesn't mean it makes sense. Be content with less Small lifestyle changes can lead to massive savings. Consider eating in and being efficient when spending your  money. Stay the course Educating yourself financially and putting your plans to paper will help you track spending and cut cost. Even if your income stays constant more funds can be directed toward investing. Put your money to work While an increase in salary or back pay may trigger a shopping spree for most of us why not invest surplus  income as this could eliminate any spending temptations. Cut back on large expenses The average Trinidadian spends the bulk of their money on three things: housing ,transportation and food. As controversial as it may be consider cutting back on