The Tribune

In celebration of International Women’s Day, Colina Insurance Limited hosted a special Lunch and Learn event for its staff, focused on financial empowerment for women.

This year’s IWD theme, “Accelerate Action”, calls for intensified efforts to drive progress and create meaningful change. Colina answered that call by fostering financial literacy and supporting a cause that uplifts women in need.

The featured speaker, Tiffany Cartwright, investment manager at Colina Financial Advisors Ltd. (CFAL), led an insightful discussion on the importance of financial empowerment, equipping attendees with the knowledge and tools to achieve financial security and freedom.

“Financial independence is very important, you have to plan your future,” explained Cartwright. She went on to emphasise the significance of self-care for women. “As women, we care for everyone and tend to leave ourselves for last. It’s important to take some time to care for yourself because the future is uncertain.”

Cartwright’s presentation included a budget guideline that helps individuals break down their salary to determine how to allocate their money. 

“Bills should be a priority, which is why 60 percent of your salary should be allocated to them. Following that, set aside 10 percent each for regular savings and charity. Your pension should receive 5 percent. Once you have full control over your bills, you can allocate 15 percent to activities you enjoy, “she detailed.

Colina also reaffirmed its commitment to supporting Bahamian women by donating $10,000 to The Bahamas Crisis Centre. The centre plays a crucial role in assisting victims of domestic violence and advocating for the rights of women and children.

Cleopatra Christie, administrator at The Bahamas Crisis Centre, expressed her gratitude for Colina’s generous contribution, emphasising its impact on the organisation’s ability to support those in need. “We provide a glimmer of hope for women, and we can only do this with the corporate help of Colina, saying thank you is not enough.”

Colina’s Lunch and Learn events are designed to align with the awareness themes of each month, providing employees with educational opportunities that support their personal and professional growth. Recognising the importance of financial security, Colina ensured that both male and female staff members had access to valuable insights on products that could help safeguard their future.

“Empowering women with financial knowledge is a critical step toward fostering independence and security,” said Maxine Seymour, director of corporate communications at Colina. “We are proud to champion initiatives that drive action and create positive change within our community.”