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This article has been updated for the Covid-19 crisis financial environment. It was originally written during the 2008 ongoing recessionary challenge. Many of you are no strangers to this economic downturn, which is another survival of the fittest c...

Dear Dave, A good friend of mine passed away recently. In his will, he left me a couple of items and some money, and I’d like to share the money with my son. He is 25, and a good kid, but he is still impulsive with his finances. Do you have any advic...

How long have you been using a laptop? Most of your business life probably. But haven’t you just been using it as a tool in your working life? These days even though many of us have desktops, connected to printers and modems et cetera, we increasingl...

This is part two of an article on suggestions to raise revenue during Bermuda’s covid recovery. Our government has utilised significant, precious financial resources to assist thousands of local residents: the unemployed, and those temporarily or mad...

May 20 was “Be a Millionaire Day” in the United States. I know, it might be a strange thing to bring up at a time like this, when the economy is limping along thanks to the coronavirus shutdown. But I disagree. In fact, it’s more important than ever ...

This is part one of suggestions to Curtis Dickinson, Minister of Finance, to raise capital and jump-start the “new normal” Bermuda economy. The three most important responsibilities every government has towards its citizens, according to the World E...

Dear Dave, I feel truly blessed. Even with everything that is going on these days, I still have a steady job and a good income. I’m thinking about taking some money out of my savings account in order to completely pay off my credit card debt. How do ...

Hands up those who have heard the phrase “the new normal”. Hands up those who understand what it means. Thought so. I don’t either. It seems to me that we are all desperately trying to define a change in the way we do things as a result of Covid-19. ...

Happy Mother’s Day to all mothers in Bermuda. Moneywise has an invitation for readers. Please send me your mother/grandmother stories, recipes, and narratives of their wonderful survivor skills for the Bermuda Islander Survival Handbook. Every single...

These are unprecedented times, you guys. There’s sad news everywhere you look, so I want to give you some hope today. Let’s talk about one thing that can help your specific situation right now, no matter where you’re at with your finances — an emerge...

As of mid-April, about 95 per cent of Americans — or 306 million people — were placed under a stay-at-home order to stop the spread of the coronavirus. This means that in a matter of days we’d been thrown into the largest work-from-home experiment in...

In this time and place it helps the psyche to return to the basics, to the everyday things we do to make life worthwhile. Moneywise will return to discussions of financial matters in a few weeks. Right now we all just have to get through this unprece...