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. As an independent financial advisor myself, I was faced with the decision of choosing between all the different providers of savings plans that are available in the market. I used the following factors to evaluate and choose

July 30, 2016

In this fast paced life, people often tend to overlook small things and issues which sometimes have a significant impact on our life. For example, planning one’s finance seems to be a trivial issue, but it is one of the vital factors that affect life. People ensure that the finances of their business are maintained

December 3, 2013

When you see Usain Bolt sprinting, it is like a flash in the pan. He springs up and off he goes flying towards the finish line. Mo Farah and other acclaimed long distance runners on the other hand are more about maintaining a steady pace. Watching them run is more about consistency and endurance. Believe

September 17, 2013

You want to make sure you hire the best financial advisor possible so before you hire a financial advisor, do your homework. Read through each of the steps below, conduct a search for advisors that meet your criteria, interview several, and verify their credentials and background before you hire them. Following these steps will help

September 3, 2013

As a child my family went on a number of driving vacations. Before leaving, my parents generally contacted AAA and obtained a step-by-step series of maps of our planned route. Typically, each page depicted the route between two major cities: the route from Dubai to Abu Dhabi, followed by Dubai to Al ain, and so

August 28, 2013

Getting married is one of the most important events in your life. There is so much to consider flowers, jewelry, dresses, venue, photography the list goes on. Once you are back from the honeymoon, a new phase of life begins and also begins the challenges of managing the finances of a new household with your

August 24, 2013

Financial independence is something everyone desires. The earlier we attain it the better. Most of you think that to attain financial freedom, all you need to do is just put in a more hours of work a week. That is not the case. Putting in more work alone, could not guarantee financial freedom to a person. You need to

August 4, 2013

Saving for Emergencies Do you put aside money for emergencies? Are you prepared for a rainy day? How would you meet your expenses if you were laid off from work or between jobs for 6 months or more? These are some of the questions I ask expats who approach me for personal financial planning. Some save money regularly,

June 15, 2013

Let me tell you a secret, the secret that most people do not know about, yet it is so obvious, Our modern-day education systems are designed to produce employees, not wealthy people. Everyone studies a profession to become an expert in his/her field of choice i.e. ‘To become a doctor, you study medicine’, ‘To become

July 8, 2012

What is Financial Planning ? This is the second post in the Financial Planning Basics series, if you have not read the first post you can find it here – ‘The Best Kept Secret’. Many people want to know what is financial planning and sometimes they think that they need to be highly qualified to understand personal financial

July 8, 2012

The Financial Planning Pyramid This is the third post in the Financial Planning Basics series, if you have not read the previous post you can find it here – ‘What is Financial Planning?’. The financial pyramid is the main part of the Financial Planning Process. The planning process always starts with a base plan which is a written

July 8, 2012

Budgeting and Prioritizing This is the fourth post in the Financial Planning Basics series, if you have not read the previous post you can find it here – The Financial Planning Pyramid Regardless of the number of goals a person has, it is seldom possible to start trying to achieve all of them at the same

July 8, 2012

Cost-of-delay

Cost of Delay Most people have long-term goals: starting a business, buying a home, sending the kids to college, enjoying a comfortable retirement. But too often they delay taking the steps necessary to turn their dreams into reality. Unfortunately, by the time they realise the urgent need to save and invest money, it’s often too late

June 29, 2012

What is Life Insurance

What is Life Insurance? Buying life insurance may be one of the most important decisions you’ll ever make. In the event of a tragedy, the assured payout can help pay the bills, continue a family business, finance future needs like your children’s education, protect your spouse’s retirement plans, and much more. What is life insurance

March 24, 2012