An asset or item put in place over a period with the intention of some form of appreciation r growth
What is an Investment?
A kind of book that can make money
What is a Cheque Book?
Term for property pledged to a lender until the loan is repaid
What is Collateral?
This paper/coin features the famous Doctor’s cave beach in Montego Bay Jamaica?
What is the $50 note?
Ebry mickle mek a muckle
Every little bit adds up to a lot
These payments made annually or quarterly to stockholders but not by all companies
What are Dividends?
Considered rich because it has 2 banks?
What is a river?
Emerged at an important juncture in the development of the country’s financial system in August 31, 1998 to promote stability and confidence in Jamaica’s financial system.
What is the Jamaica Deposit Insurance Company ?
Born to a slave mother and a planter father who was attorney to several sugar estates in Jamaica, this hero’s portrait was featured on both old and new coin and paper notes
Who is George William Gordon?
Cow ded him lef’ trouble gi cow-skin
Make sure that you take care of your personal business before you die, so that those you leave behind are not inconvenienced
These are known as fixed-income investments
What are bonds?
A f food that is crazy about money
What is a Cash-ew?
This type of interest is paid on both the principal & interest earned previously
What is compound interest?
This paper coin features a falls located 1 mile from the town of Ocho Rios, on the northern coastline of Jamaica
What is the $100 note?
Daag sey him won’t work; him wi’ siddung an look, fa him mus’ get a libin
Some people prefer to wait on others to give them handouts instead on working for their own money
This company transitioned to its new business as a corporate insurance agent under a new company name in October 2020.
What is NCBIA?
A five letter word has only one left when two end letters are removed
What is money?
Reducing a loan with payments covering principal & interest is called this from the Latin for dead
What is Amortization?
This coin is 18.50mm in diameter, weighs 3.65g and has 7 lobes
What is a $10 coin?
ang yuh basket whe’ yuh han’ can reach it
Don’t buy what you can’t afford
An NCBIA personalized pension plan, which allows individuals to accumulate tax free contributions during their working life to provide an income at retirement?
What is a Smart Retirement Plan?
Whoever makes it, tells it not. Whoever takes it, knows it not. Whoever knows it, wants it not
What is counterfeit money ?
Established by Law, this institution commenced operations in 1961 terminating the Currency Board System, which had been in existence since 1939
What is the Bank of Jamaica?
Not to be confused with crypto-currency, this recently approved legal tender can be exchanged dollar for dollar with physical cash
What is Digital Currency?/ Central Bank Digital Currency
Dawg say if ‘im ‘ave money, ‘im would buy ‘im owna flea
When some people get money, they waste it on unnecessary things