Blog | Amit Mitbawkar | Financial Planning in Dubai

Debt Causes Inflation

“Banks lend by creating credit. They create the means of payment out of nothing.”(HAWTREY, M. Ralph), Former Secretary of the[...]

Do you pass the Acid Test?

The Acid Test of Personal Finance We expats come to Dubai to make money and enjoy a better standard of[...]

Situations when you shouldn’t use your credit card

"Life just seems to be getting simpler by the day," remarked 22-year-old Swati, a software developer with a leading MNC.[...]

6 simple steps to help you build your wealth

Building wealth and getting rich is a topic often spoken about by many, but followed by very few. The reason[...]

How To Teach Children Money Management In UAE?

Dubai: Money plays a very important role in all our lives. In fact, many adults in UAE find it hard[...]

How to Create a Monthly Budget

Creating and following a budget is one of the most difficult things for many people to do. Just thinking about[...]

7 financial mistakes you must avoid

Everybody makes mistakes. The repercussions of a mistake could be trivial or grave. A financial mistake is one such blunder[...]

Indicators to know that your financial life is in trouble

The condition of an individual’s financial life is not apparent only based on the income he earns. Sometimes, even after[...]

Money as Debt

Introduction This topic is very important, and central to the theme of ‘Investing’. To understand the concept of ‘Money as[...]

A Vicious Cycle

Debt facilitates production and trade. As the debt supply increases, money just becomes increasingly worthless unless the volume of production[...]

The 4 Silly Things You Do with Your Money (and How to Fix Them)

Money is not the most important thing, my dad used to say. But as I grew up, I realised that[...]

Tips To Control Your Spending

Income levels have shot up over the past decade. Higher income levels have also brought about a change in lifestyle[...]

How banks create money

Did you know that by keeping your money in the bank, you are contributing to your own inflation?It doesn’t matter[...]

How the Monetary System Works

One of the most commonly asked questions to me is ‘How does the monetary system Work’. To understand this concept[...]

How to plan for retirement

How to plan for retirement Lets face it, no matter who you are, what you do and how old you[...]

Best Savings Plans in UAE

Best Savings Plans in UAE(Updated February 2019)I am writing this article because as an independent financial advisor, I get asked[...]

How many Ferraris are you paying for?

The Ferrari 458 Italia costs $229,825, and the Ferrari California costs $192,000. On an average a Ferrari costs around $200,000.[...]

Ms. Penny Wise and Mr. Prokrass Tinator – The Power of Compound Growth

The Power of Regular savings & Compound Growth If you have read my book - 'Creating, Preserving, Distributing Wealth', you[...]

How to Increase Your Savings in Dubai

If you earn Dh20,000 per month and have no money left in your account by month end, you are likely[...]

Parents need around Dh1 million to cover lifetime education fees per child

I came across this shocking article in Gulf News about the amount of money need per child for education fees.[...]

The Guaranteed Savings Plan I Took For My Daughter

On the 28th of April 2016, I started a savings plan to save money for my daughter’s higher education fees.[...]

Pension Retirement Plans Dubai

One of the realities of life is that, at some point, everyone has to stop working and retire. For some,[...]

Four important facts of estate planning in retirement

Estate Planning is an important aspect of retirement planning. It is a way to protect and preserve one’s assets and[...]

Education Plan – Dos and Don’t s

When doing financial planning, one of the most important topics of discussion is how to create the right education plan for your[...]

Retirement Planning and the Rule of 72

Retirement planning and 30 somethings It is reasonable to assume that most individuals in the UAE who are 30 somethings[...]

Clients To Receive 9.54% Returns in 6 months

9.54% in 6 monthsWe are pleased to announce that another Fixed Income Note from Societe Generale has matured this month[...]

How To Invest Money Safely In the UAE

By now, if you have been in Dubai for more than 6 months, you would have been called by 8[...]

FCNR Account & Swap deals

FCNR Account & swap deals Recently the Reserve Bank of India (RBI) announced several measures to stabilise the Indian Rupee[...]

10 Steps to Become an investor like Warren Buffett

Here are 10 simple commandments to becoming a successful investor. These commandments, when strictly followed, can make you a successful[...]

Why Savings in Dollar is Better Than Indian Fixed Deposit

Everyone knows that inflation eats into savings and increases costs. But what a lot of people grapple with is how[...]

Clients To Receive 2.35% Cash Returns in 3 Months

2.35% Cash Returns in 3 MonthsWe are pleased to announce that another Fixed Income Note from Societe Generale, France has[...]

Clients To Receive 5% Cash Returns in 6 Months

5% in 6 MonthsWe are pleased to announce that another Fixed Income Note from EFG International (Switzerland) has matured after[...]

Warren Buffett Bet A Million Dollars On This Investment

This article is probably the most important newsletter you will read, ever! This week was the most exciting week for the world of investments. Berkshire[...]

Clients To Receive 6.23% Cash Returns in 9 Months

6.23% in 9 monthsWe are pleased to announce that a third Fixed Income Note from Exane BNP Paribas has matured[...]

Clients To Receive 14% Cash Returns in 1 Year 9 Months

14% in 21 monthsWe are pleased to announce that a second Fixed Income Note from EFG International has matured this[...]

How To Be Wealthy Slowly But Surely

In the previous article - "Rich or Wealthy, Which is Better", we saw that Wealth is measured in time, i.e.[...]

Rich or Wealthy, Which is Better?

Why being wealthy is different (and better) than being rich Many people think that being Rich and being Wealthy are the same[...]

What they didn’t tell you about investing in Gold?

I know that some investors see gold as a key part of a portfolio. The author Harry Browne, the onetime Libertarian[...]

Investment Portfolio Defined

Investment Portfolio Investment Portfolio- Diversified Portfolio Starting an investment? What is an investment portfolio anyway? By definition, an investment portfolio[...]

The 3 Musketeers Of Investment

When you invest in anything, you generally tend to worry about only the 3 musketeers of investment, 'Safety', 'Access' and[...]

Investors Trust Platinum Review

Investors Trust Platinum is The Lowest Entry - Lump Sum Investment Plan in the market.The Investors Trust Platinum Investment Plan is a[...]

Zurich Futura Full Details

Note: These documents are updated as of June 2017. Click on the links below to access the information: Zurich Futura[...]

Generali Choice – Lumpsum Investment Plan Review

Lump Sum Investment Plans and their uses Life is a journey that takes many twists and turns along the way.[...]

Momentum Wealth Personal Portfolio Review

Momentum Wealth Personal Portfolio is The Cheapest and Best Managed Investment Platform of its kind.The Momentum Wealth Personal Portfolio is designed for[...]

Investors Trust Platinum Plus Review

Investors Trust Platinum Plus is The Cheapest Version of the Platinum Investment PlanThe Investors Trust Platinum Plus investment plan is the cheapest[...]

Allianz Income & Growth Fund Review

Detailed video transcript - coming soon

Zurich Futura Review

Investors Trust Evolution Review

Investors Trust Evolution is The Lowest Cost Savings Plan in the market.Although there are many providers of savings plans in the UAE,[...]

International Savings Plan Review

International Savings Plan Metlife Alico is one of the largest international insurance companies operating in the UAE, and the Gulf.[...]

Zurich International Life Vista Review

Zurich International Vista is the second most expensive regular savings plan in the market.Zurich International Life Vista range of savings plans[...]

SBI Resurgent India Opportunities Fund Review

About The fund ManagerSBI Funds Management has emerged as one of the largest player in India advising various financial institutions,[...]

Investors Trust S&P 500 Index Review

Investors Trust S&P 500 Index is arguably The Best Capital Protected Savings Plan in the market.Investors Trust S&P 500 Index[...]

Reliance WIO India Fund Review

About The Fund ManagerReliance Mutual Fund (RMF) is one of India’s leading mutual funds, with Average Assets Under Management (AAUM)[...]

Investors Trust S&P 500 Index Lump Sum Investment Review

Investors Trust S&P 500 Index Lumpsum is arguably The Best Capital Protected Investment Plan in the market.If you need an investment[...]

Friends Provident International Protector Review

Friends Provident International Protector As an impartial Independent Financial Advisor, I review a lot of insurance product and I must[...]