In the latest episode of The Power of Bold Living podcast, host Jenniffer Figaroa sat down with Ronald Van Trigt, Managing Director of Total Service Aruba, to talk about what’s happening in the financial world of Aruba. The conversation touched on homeownership, small business growth, women and money, and even the future of green financing on the island.
Homeownership in Aruba
Buying a home in Aruba isn’t always easy. Income levels, job stability, and mortgage requirements can make it challenging, especially for first-time buyers. Mr. Ronald explained that there are financing programs that can help locals take that first step, and he encouraged people to start preparing early, steady employment and careful planning go a long way.
Renting or Buying?
With today’s interest rates and shifting market trends, many wonder whether it’s smarter to rent or buy. According to Mr. Ronald, renting offers flexibility, but owning a home builds long-term stability. His advice: look at your financial situation, lifestyle, and goals before making the decision.
Supporting Small Business Owners
Total Service Aruba also works closely with entrepreneurs. From business loans to financial guidance, the bank helps owners build a strong foundation. Mr. Ronald reminded listeners that having a clear financial plan is key and warned against common mistakes like neglecting cash flow.
Women and Money
One highlight of the discussion was the importance of financial confidence for women. Mr. Ronald shared that taking control of money isn’t just about saving or investing, it’s also about building independence and creating opportunities for the future. He also noted that more women are stepping into leadership roles in Aruba, and he sees real progress in terms of representation and influence, which is helping shape a more inclusive financial and business landscape.
Green Financing on the Rise
Aruba is seeing more interest in eco-friendly projects like solar energy and sustainable construction. Total Service Aruba is already financing these types of initiatives, and Mr. Ronald believes they’ll only become more important in the island’s future.
The Future of Banking
Finally, the conversation turned to how banking is changing. Digital tools and online apps have made banking easier and faster for customers. While adoption is growing, Mr. Ronald pointed out that there are still untapped opportunities in digital services.
This episode made it clear that Aruba’s financial sector is evolving, whether through support for first-time homeowners, small business owners, or green initiatives. As Jenniffer reminded listeners at the close: live boldly, dream big, and take action.
