Investing In Life W/ Tennille Whiskey
Manage episode 437477675 series 3483268
Tennille Whiskey is a certified Financial Advisor registered with the Trinidad and Tobago SEC. With over sixteen years of experience, her clients benefit from her deep expertise, personalized service, and a holistic approach to financial planning.
Tennille is currently a Senior Financial Advisor at the Unit Trust Corporation (UTC) Advisory Department. She is also the Founder & CEO of The Tropical Whisk Cakes
In this conversation we are talking about Investing in Life, where Tennille shares how people should be intentional about creating wealth. We talk about the power and use of money and how to practically set financial goals which can enhance and improve a persons' overall life and wellbeing.
We discuss how people view money which is always a personal choice. Tennille indicates that money can be like hevel (vapor or smoke), meaning if not handled well it can quickly disappear. Therefore attaining financial freedom is a direct result of what you do and the choices you make.
She advises that people should determine the type of lifestyle they want to live, this can be a guide for them to explore the ways to create wealth. It is however important to adopt a healthy view of what success and personal fulfilment is for each individual.
She cautions that people should not try to adopt the sometimes fake Instagram lifestyle, which can be an illusion. This desire to "look good" and possess things, travel and to create a "persona" can sometimes put people in debt, because in reality they cannot financially afford this type of lifestyle.
Tennille discuss practical ways to invest, types of products like mutual funds and others in the market. She talks about managing risk, it is true that the higher the risk the higher the rewards, however persons should be prepared to handle this level of risk. Therefore for first time investors she suggests that they should start with low risk products. Tennille also gave some tips on balancing your portfolio and preparing financially for each stage of your life and more.
We chat about her Gourmet Cake business The Tropical Whisk, which started as a hobby and outlet to express her creativity. Which has evolved into a purposeful profitable business. A revenue stream which helps her create more wealth. The lesson here is that there are many ways to create wealth.
This conversation is insightful with practical ways about investing in your life. The key message is that we do need money to live life and specifically the type of life you want to live. However it is very important to have a balanced view of the power of money and to control its use to your advantage and to not let the love of money and a "type" of lifestyle control you.
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Bio
Tennille Whiskey, holds a BSc in Economics with minors in Finance and Accounting from the University of the West Indies, St. Augustine, and an MSc in Industrial Innovation, Entrepreneurship, and Management from the University of Trinidad and Tobago,
As a multi-hyphenate, Tennille has made it her mission to empower individuals and businesses to elevate their financial literacy and achieve their financial aspirations.
97 episoder