Maximize Your Savings with Compensating Balance Loans: How to Make the Most of Your Funds Saving is crucial for building a secure financial future. But it’s not always easy. Many of us struggle with balancing day-to-day expenses while trying to set aside funds for future needs. But what if I told you there’s a financial product that not only helps…
Ways to Boost your Income: Practical tips for Belizeans As the sun rose over the Caribbean Sea, Sol woke up with a sense of excitement and purpose. She’d been working as a Senior Project Assistant at a UN organization, but despite her dedication, there was always a lingering feeling of unfulfillment. Art had always been her true passion. With the…
5 Smart Banking Tips: How Your Bank Can Ease Your Monthly Budget Managing your monthly expenses can feel like navigating a maze, especially when inflation seems to be nibbling away at your hard-earned money. But what if I told you that your bank could be your secret weapon in this financial battle? From refinancing options to expert financial counseling, there…
How to Budget for Inflation: Tips for Creating an Inflation-Adjusted Budget in Belize Imagine you’re sitting down to plan your monthly budget, carefully pouring over every cent to make sure you’ve got enough for the essentials: groceries, utilities, transportation, and maybe even a little treat for yourself. But as you start to allocate your funds, you realize that your money…
Navigating Inflation: Practical Tips for Banking Customers on Budgeting and Refinancing Inflation in Belize has been a significant concern, driving up the cost of living. As of April 2024, the Consumer Price Index (CPI) has risen substantially from its baseline in 2020, meaning our money doesn’t stretch as far as it used to. Consider this: if you’re still earning the…