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Dear Dave, What exactly is an executor, and what part do they play in someone’s will? — Gabe Dear Gabe, Simply put, an executor manages the last will and testament of someone who dies. Acting as an executor is an honour and a huge responsibility. As...

There’s an elephant in the room, or at least, in the economy: inflation. Inflation is blowing up in the headlines, causing many of us to feel a little deflated about their money. So, let’s talk about what inflation is and what you can do about it. In...

Dear Dave, We have $15,000 in credit card debt. My husband works very hard, but only makes about $25,000 a year. We’re also living in a very old trailer right now, and I stay at home with our newborn. My dad told us he is willing to pay off our debt ...

Reams of Valentine’s Day cards wax lyrical about a partner’s eyes or their smile, but what about their ability to manage their money? “When can you ask if a potential mate is in debt? Is it okay on the third date, or the fifth date,” joked Robin Mast...

Three individuals, one from the east, and two from the west, have great commonality – all are at the height of their game, all have proven track records, all are great legends in our time. One is half the age of the other two, all possessing stellar...

Dear Dave, My husband and I are 30, and we are on Baby Step 2. He wants to go back to school and become a social worker. He currently makes about $20,000 a year as a teacher’s assistant, and he wants to take out student loans to do this. He already h...

CFA Society Bermuda’s popular financial literacy series returns to the Bermuda College beginning February 23. The organisation said the four-part series was designed for anyone who was looking to learn more about personal finance and basic financial ...

Financial literacy: what is your first reaction on seeing these two words? At a minimum, condescending, if you are not financially literate, then you must be classified as illiterate.” I never accept that label on anyone, nor should you. No one can n...

Believe it or not, creating a solid resumé is just as important as prepping for your job interview. Your resumé is your chance to make a strong first impression on the recruiter. But before you get too freaked out, know this: Building the perfect res...

The horrendous, ten-megaton underwater volcanic explosion last week devastated Tonga, a small archipelago of 150 islands, 36 of which are inhabited, located in the Pacific, and having a population size not much larger than Bermuda. The tsunami afters...

Dear Dave, Our son is 13, and he has been doing some part-time work for a friend of the family. He makes $40 to $60 a week, and he would like to begin investing the majority of what he earns. Do you have a suggestion for a good place he could put his...

Dear Dave, I finally paid off all my debt except for my house, and I have an emergency fund of six months of expenses saved. It feels great to be in control of my money, but I am afraid I might lose control again and end up back where I started befor...