Money

I know many Haitian-Americans who will not agree with this statement but... No matter your net worth, you should never put college savings ahead of retirement... Why? Keep reading...

Did you now this... CREDIT is the most important part of the economy... Guess what? Credit is non-existent in the Haitian economy... I mean, really... If there is a way to build good credit in Haiti and use it to buy a car, a house or start a business, I do not know anything about it.

The universal dollar sign is "$", the Pound sign is "£", and the Euro sign "€". What is the Currency Symbol for the Haitian Gourde?

The Haitian Diaspora is worried about a 10,000 gourdes income tax imposed on them by the Haitian government. It is not only the diaspora, everyone MUST pay a minimum of 10,000 gourdes income tax every year...

How much of your money did you loose last year due to overdraft fees from your bank? Did you know? America's three biggest banks made more than $6 billion last year from ATM fees and overdraft fees alone.

Let me ask you a question: If you had to choose between having LOTS of money and living a LONG healthy life, which would you choose???

There has been a sharp increase in money transfers to Haiti from Chile. Haitians in Chile transferred $36 million to Haiti in 2016. Compare that to only $7.4 million the year before.

This morning, overheard a man complaining in the radio that the price everything except rice and chicken in Haiti is set in US Dollars... If you want to buy a nice perfume, decent clothing, a night in a hotel room, you have to pay in US dollars. "Why is that," the man asks, "when the currency if Haiti is the Gourde?"

Yes, I agree, putting money away in a savings account is a good way to prevent you from spending it impulsively but if you want to put money away hoping to get some good interest on it, to make your money grow, is a savings account the way to go?

Sometimes you may notice a relationship change between two old Haitian couples and you would be surprised to realize that the main reason this is happening is because she's working, she's making money and he is not very happy about that.