Helping Caribbean people at home and abroad create wealth through investing and entrepreneurship
🗞️Story of the Week!
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Hey Reader, Here's your weekly roundup from Money Media! 📌Taking StockAnalysts say IMF’s advice won’t work for JamaicaThe analysts on Taking Stock with Kalilah Reynolds believe the International Monetary Fund (IMF) is out of touch when it comes to Jamaica’s economy. They say the IMF’s recommendation for the Bank of Jamaica (BOJ) to stop stepping into the foreign exchange market isn’t realistic for the country’s needs. So far this year, the BOJ has stepped in 17 times and pumped almost US$400 million into the market. In its most recent country report, the IMF said the central bank should stop doing that and let the Jamaican dollar float freely, allowing it to rise and fall on its own. But the analysts strongly disagree. “They have ....
🚨Money MissionWe're in Fontana!You can now get the Money Mission Workbook at Fontana locations across the island! Go and grab your copy! This workbook uses Caribbean examples to help YOU create a money plan, navigate debt, and start investing in Caribbean and US stocks. I also share the ups and downs of my personal journey to wealth while living in Belize and Jamaica, and dealing with the economic realities of the region. Whether you're job hunting, starting a business, or heading back to school, your finances will shape your next chapter. The Money Mission Workbook gives you the tools to make smart money moves from day one. You can also get the workbook on Amazon! Click the link below to grab it now!
📉The Bottom LineIMF Says Let the Dollar Slide?Would the latest IMF recommendation push the Jamaican dollar to 200 to 1 US?! Read more Agostini’s Fast Food Takeover Bid!Two Trinidadian powerhouses are joining forces. Read more Wisynco Brewing Up Something New!Watch out, Red Stripe! Wisynco is looking to bring some competition to the alcohol market. Read more Poll resultsHow do you feel about Jamaican athletes switching their allegiance to other countries for better pay and more support? Rep the brand
The official data partner of Money Media! Get 10% off your MyMoneyJa.com subscription with the code MONEYMISSION Market RecapJamaica Stock ExchangeJSE Combined Index +0.15% Trinidad & Tobago Stock ExchangeComposite total -0.26% US marketsDOW Jones +3.04% 💲Dollars and centsForexUSD$1.00 = JM$160.77 (-$0.05) CAD$1.00 = JM$118.52 (+$0.28) GBP$1.00 = JM$220.24 (+$0.46) EUR$1.00 = JM$188.59 (+$1.97) Crypto1 BTC = US$107,953.70 (+2.08%) 1 ETH = US$2,508.14 (+4.22%) Gas prices87 - $157.80/litre (-$3.06) 90 - $164.95/litre (-$3.06) DSL - $163.27/litre (-$2.94) ULSD - $169.27/litre (-$2.94) Coming upNHT New Policies ExplainedMonday July 7, 2025 - 7pm New NHT policies are now in effect and you need to know how they affect you and your money. Taking StockTuesday, July 8, 2025 - 8pm We'll discuss the lastest business and finance news and tell you how it will affect you and your money. |
Money Media
Helping Caribbean people at home and abroad create wealth through investing and entrepreneurship
Hi Reader, After two days of emotional distress, anxiety and loss of income, Instagram reinstated my page this morning. How did I get it back? If you've ever been in this situation, or know someone who lost their account, then you know how frustrating this is. 1. Pay for the blue tick If you use your page for business, one of the most important things you can do to protect your account is subscribe to Meta's paid verification - yes, go ahead and pay for the blue tick! It's only $7. Paid...
My main IG page is gone! Six years of work, 118k followers gone! Hi Reader, Instagram randomly deleted @kalilah.money on Monday with no reason given and no option for appeal. The message only said, "Your account, or activity on it, doesn't follow our community standards". I have no idea what I did to cause this. I've been racking my brain, but nothing is standing out as something that might warrant being permanently banned. I'm trying to work my contacts to see if there's any opportunity for...
Proposed Law Will Impact Jamaican AirBnBs Should Airbnb operators in Jamaica be fined if they don’t register with the Government? Jamaica’s government recently proposed a bill that would regulate the short term rental industry. We’ve known that this law was coming for a while. Airbnbs are massively popular here and growing. Tourism Minister Edmund Bartlett said the sector brought in over US$100 million in 2022. And nearly one out of every three stay-over visitors to Jamaica stayed at an...