Learn About Money

Education Hub

Understand your savings and investment options in Jamaica. Plain language, no jargon.

Risk Levels:
Low - Safe, predictable returns
Medium - Moderate risk & reward
High - Greater potential, more risk

Savings Options

Safe places to keep your money while it grows

Low Risk

Bank Savings Account

A basic savings account at a commercial bank like NCB, Scotiabank, First Global, or JMMB. Your money is safe and easy to access.

Typical Returns0.5% - 2% per year
LiquidityHigh - withdraw anytime
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Low Risk

Credit Union Savings

Savings with a credit union like COK, C&WJ Credit Union, or Jamaica Teachers Association Credit Union. Often better rates than banks.

Typical Returns2% - 5% per year
LiquidityHigh - withdraw anytime
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Medium Risk

Partner (Pardner) Plan

A traditional Jamaican savings method where a group of people contribute a set amount regularly, and members take turns receiving the full pot.

Typical Returns0% (no interest)
LiquidityLow - must wait for your draw
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Investment Options

Ways to grow your wealth over time

Low Risk

Government of Jamaica (GOJ) Bonds

Loans you make to the Jamaican government. They pay you back with interest over time. Very safe because backed by the government.

Typical Returns5% - 9% per year
LiquidityMedium - can sell early but may lose value
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Low Risk

Treasury Bills (T-Bills)

Short-term government securities (30-180 days). You buy at a discount and get full value at maturity.

Typical Returns4% - 7% per year
LiquidityMedium - short terms available
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Medium Risk

Unit Trusts / Mutual Funds

Pool your money with other investors to buy a mix of stocks, bonds, or both. Managed by professionals.

Typical Returns6% - 12% per year (varies)
LiquidityMedium-High - usually can withdraw within days
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High Risk

Stocks (JSE)

Buy shares in Jamaican companies listed on the Jamaica Stock Exchange. You become a part-owner of the company.

Typical Returns8% - 15%+ per year (highly variable)
LiquidityHigh - can sell during trading hours
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Medium Risk

Real Estate Investment

Buying property in Jamaica for rental income or to sell later at a higher price.

Typical Returns5% - 10% per year (rental) + appreciation
LiquidityLow - takes time to sell property
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Low Risk

Pension Schemes

Retirement savings plans including NHT contributions and private pension funds. Tax benefits available.

Typical Returns4% - 8% per year
LiquidityVery Low - locked until retirement
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Educational Information Only

This information is for educational purposes and should not be considered financial advice. Returns mentioned are typical ranges and not guaranteed. Always do your own research and consider consulting a licensed financial advisor before making investment decisions.