Reward Enterprises Ltd

Call Website Contact the business

Reward Enterprises Ltd Where goals meet real solutions.

Having debt isn't necessarily the problem. Paying it off in the wrong order can be.Start with the debt costing you the m...
03/10/2026

Having debt isn't necessarily the problem. Paying it off in the wrong order can be.

Start with the debt costing you the most in interest, while keeping up with the minimum payments on everything else.
As each debt disappears, roll that payment into the next one.

High-interest debt → Car → Mortgage

And here's the important part: don't spend the money you free up.

Use it to save, protect yourself and eventually build wealth.
Every payment you eliminate is essentially giving yourself a raise.

Save. Protect. Eliminate Debt. Build Wealth.
DebtPayoff

02/10/2026

A $10,000 car payment doesn't mean the car costs you $10,000 a month.

You still have insurance, servicing, maintenance, fuel and the $95,000 down payment just to get started.

For this TT$950,000 Porsche, our estimate puts the cost at roughly $13,700/month before fuel.

Using our 20% rule, you'd want an income of around TT$68,500/month for the vehicle not to consume too much of your income.

The lesson: don't ask if you can afford the payment. Ask if you can afford to OWN the car.

FinancialLiteracy

02/10/2026

How Much Do You Need to Earn to Afford a TT$6.5M House? 🏠

30/09/2026

Your first property could help you buy your second, third and even fourth.

As your property increases in value and your mortgage balance decreases, you build equity — and that equity can potentially help you access capital for your next property.

The first one may be the hardest. After that, your assets can start helping you acquire more assets.

30/09/2026

Back pay can either change your financial position or temporarily change your lifestyle.

Save. Protect. Eliminate debt. Build wealth.

Then carry on like the money never came.

Teachers, what’s the first thing you’re doing with your back pay?

30/09/2026

As a sole trader, one of your biggest advantages is also one of your biggest risks:

You are the business.

If something happens to your health, your business may continue — but your income, savings and personal finances can still take a serious hit.

That’s why critical illness protection can be so important for business owners.

A lump-sum payout can help replace lost income, cover personal expenses and give you breathing room while you recover.

Protecting yourself is part of protecting the business.

If you’re a sole trader and want to see what this could look like based on your age and budget, click the link to speak with an advisor.

29/09/2026

That car payment could cut the house you can afford IN HALF. 🚗🏠

When you apply for a mortgage, the bank looks at your debt service ratio: how much of your income already goes to debt.

Example:
💵 $15,000/month income
🏦 Bank allows ~40% for debt = $6,000
🚗 $3,000 car payment = only $3,000 left for a mortgage

At ~6% over 30 years:
$3,000/month ≈ $500K house
$6,000/month ≈ $1M house

If you genuinely need a car, buy one, but buy something reasonable. Pay cash if you can.

Don't let the car you drive today reduce the house you can afford tomorrow. 🔑

28/09/2026

How I'd Spend a $10,000 Salary

If I were taking home $10,000 a month, my biggest priority would be keeping my lifestyle LOW.

Not trying to finance the lifestyle of someone making $20,000.

Keep your major expenses under control, build your emergency fund and give yourself room to eventually move up.

How would you split $10,000?

28/09/2026

Financial stress usually comes from skipping steps. Here's the order that actually works 👇

1️⃣ Save 6 months of expenses: your everyday safety net
2️⃣ Protect your income: insurance for when you can't work
3️⃣ Pay off high-interest debt: highest rate first (not your mortgage)
4️⃣ Invest: build wealth once the debt is gone

Save. Protect. Eliminate Debt. Build Wealth. 💪

Not the flashiest plan, but done consistently, it puts you in a very strong position.

Need help with steps 1 and 2? Tap the link in my bio to speak with one of our advisors. 🔗

Save this for later and follow for more money tips.

28/09/2026

Getting approved for a mortgage doesn't mean you can afford it. 🏠

Here's the rule of thumb 👇
Your mortgage payment should ideally be no more than 25–30% of your take-home (or household) income.

Bringing home $15,000 a month? Aim to keep your mortgage around $4,500 or less.

Before you sign, ask yourself:
✅ Will I still have money left to save?
✅ Can I comfortably pay all my other bills?
✅ If something goes wrong, can I still afford this house?

If the answer is no, it's okay to wait. That's better than struggling for the next 20–30 years.

The goal isn't just to own a home. It's to own a home without the home owning you. 🔑

Save this for when you're house hunting, and send it to someone who's thinking about buying 🇹🇹

Address

Emerald Plaza
Saint Augustine

Telephone

+18686781148

Website

Alerts

Be the first to know and let us send you an email when Reward Enterprises Ltd posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Reward Enterprises Ltd:

Shortcuts

Share