Rose Miller, financial consultant at the JN Foundation
Rose Miller, financial consultant at the JN Foundation, is urging Jamaicans to reduce their spending, borrow less and to consolidate their debts if they have more than one loan in order to reduce the amount of money they have to use to service these debts on a monthly basis.
Speaking in an interview on Radio Jamaica's Real Business on Thursday, Ms. Miller stressed that these are some of the strategies that will be needed in order to survive in the current global economic crisis caused by the war in the Middle East and the impact of Hurricane Melissa.
She said Jamaicans must ensure that they buy only the things they need and not the things that they want, while noting that they must also try to purchase goods and services at lower costs.
Ms. Miller also pointed to the need for carpooling as well as for the nation to become more self-reliant.
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