Tue | May 21, 2019

Boss Lady Ja teaches women to create wealth

Published:Friday | April 26, 2019 | 12:18 AM
Participants gather to get their free credit reports done by representatives from JMMB, Portmore at the recent Boss Lady Ja event.
Participants gather to get their free credit reports done by representatives from JMMB, Portmore at the recent Boss Lady Ja event.

Scores of women determined to improve their future and creating wealth recently attended the ‘Boss Lady: Let’s Talk Wealth’ event held at the Eden Gardens Wellness Resort and Spa in St Andrew.

Those in attendance had an honest dialogue about money and the future while sharing their experiences and dreams, and receiving professional coaching on steering their lives and investments towards financial stability.

They were also able to access free credit checks by a team from Jamaica Money Market Brokers (JMMB), along with resources from other companies to assist with their wealth journeys.

ThrivingDollars.com Chief Executive Officer Kenishia Mais addressed the audience on developing the right mindset for the achievement of wealth. The young entrepreneur and financial educator explained that the right mindset coupled with a suitable method are the building blocks for growing money.

“Reflect on your emotions, self-talk, value perception and spending patterns, all of which affect the management of finances. You can research investment options to find the most ideal portfolio for your individual circumstances,” Mais said.

Research was a similar thread in Paula Roper Bacchas’ presentation. A realtor associate with Irie Homes Realty Company Limited, Roper Bacchas guided the group on investment in real estate and encouraged them not to participate in real-estate investments without knowledge of the industry.

Meanwhile, Michelle Sinclair-Doyley, manager, client financial education, JMMB, delivered a spirited discussion on an eye-opening state of affairs, relating current statistics, showing the wealth gap between men and women. Through practical steps, she then guided the group through a journey of goal setting towards securing financial freedom into retirement.

Romae Kirton, organiser and founder of Boss Lady Ja, said that she was delighted with the response.

“It is said that school teaches knowledge, but life requires wisdom, but wisdom is what I seemed to have lacked when I left university, particularly in areas of wealth and money management. I didn’t know about having an emergency fund or anything about the stock market or the percentage I needed to have saved to purchase a home … nothing that would really prepare me to create wealth,” Kirton said.

“As I set out on my own wealth-creation and financial-education journey it occurred to me that there must be others like myself out there, and so this training session was crafted with persons like that in mind. I am glad it delivered and everyone left armed with knowledge but, more importantly, practical strategies they can apply immediately,” she added.

Boss Lady Ja, launched in May 2017, is a movement to inspire, motivate and offer advice to young Jamaican women. The initiative’s goal is to support women through the provision of meaningful content that provokes introspection into all aspects of their lives.