What Is Your Go-Back Fund As Of Today?

Like me, most people came to Dubai for a good lifestyle, and to make money. Dubai is a city of dreams, I love staying here and my lifestyle in Dubai. I am sure most expats who stay here, would say the same. But the truth still remains, whether we were born here, or if we came

August 27, 2019

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. 1 million dirhams is more than the price of a Ferrari Maranello. The summary of the Gulf News Article is below. Have you started saving yet? If not, check this article on ‘The guaranteed savings plan I

September 21, 2016

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. So what does this have to do with anything, and why am I discussing this on a Financial planning website? Simple…. $200,000 is what it costs today to raise a child and put him/her through a good

June 14, 2014

Ms. Penny Wise and Mr. Prokrass Tinator

The Power of Regular savings & Compound GrowthIf you have read my book – ‘Creating, Preserving, Distributing Wealth’, you will have read the definition of ‘Wealth’. Wealth is defined in terms of ‘time’ as in how long your money will last you at a given rate of spending. Accumulating wealth is simple but not easy and it starts with

November 10, 2013

Zurich Insurance Dubai

If you earn Dh20,000 per month and have no money left in your account by month end, you are likely to retire from the UAE no better off than a tea boy. Yes this is the sad truth for thousands of expats who come here with dreams of making big money, only to end up

September 11, 2013

When doing finan­cial plan­ning, one of the most impor­tant top­ics of dis­cus­sion is how to create the right education plan for your child.. The cost of edu­ca­tion is on the rise, advanc­ing far in excess of the infla­tion rate. There­fore, it is essen­tial to plan for the future by starting an education plan for your children as soon as possible. As

March 9, 2012