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Boyz on the financial playing field
Saturday, June 16, 2007
Members of the national football team, the Reggae Boyz, participated in a one-day financial seminar held by the Jamaica National Building Society (JNBS) in concert with three of its subsidiaries - NEM Insurance, JN Money Services and the Jamaica Automobile Association (JAA).
The seminar, which focused on key aspects of financial management, home ownership, general insurance, remittances, automobile services, and how to maximise the benefits of these services, took place last month at the Society's Learning and Development Centre, on Holborn Road, in Kingston.
Earl Jarrett, General Manager of JNBS, one of the presenters, stressed the necessity to make good investments that can provide favourable returns on retirement.
"It is important to start early to plan for your financial future, and be able to make informed business decisions on managing financial resources," he pointed out.
He also noted that professional footballers were prone to injuries that can terminate their career abruptly; and advised the players that sound economic plans should be in place to offset such eventualities.
"Sports persons tend to retire earlier than persons in other careers and therefore, they need to identify alternate sources of income," he emphasised.
Wanica Purkiss, Executive, Mortgage & Operations, supporting Jarrett's presentation, explained that one of the best long-term investments that one can make is purchasing a home.
She "walked" the players through the mortgage process, and drew positive responses from many of the participants.
Veteran player Fabian Davis said: "The seminar was very productive and instructive. It will help us to make important financial decisions that can benefit our families later
Saturday, June 16, 2007
Members of the national football team, the Reggae Boyz, participated in a one-day financial seminar held by the Jamaica National Building Society (JNBS) in concert with three of its subsidiaries - NEM Insurance, JN Money Services and the Jamaica Automobile Association (JAA).
The seminar, which focused on key aspects of financial management, home ownership, general insurance, remittances, automobile services, and how to maximise the benefits of these services, took place last month at the Society's Learning and Development Centre, on Holborn Road, in Kingston.
Earl Jarrett, General Manager of JNBS, one of the presenters, stressed the necessity to make good investments that can provide favourable returns on retirement.
"It is important to start early to plan for your financial future, and be able to make informed business decisions on managing financial resources," he pointed out.
He also noted that professional footballers were prone to injuries that can terminate their career abruptly; and advised the players that sound economic plans should be in place to offset such eventualities.
"Sports persons tend to retire earlier than persons in other careers and therefore, they need to identify alternate sources of income," he emphasised.
Wanica Purkiss, Executive, Mortgage & Operations, supporting Jarrett's presentation, explained that one of the best long-term investments that one can make is purchasing a home.
She "walked" the players through the mortgage process, and drew positive responses from many of the participants.
Veteran player Fabian Davis said: "The seminar was very productive and instructive. It will help us to make important financial decisions that can benefit our families later