One of the most frequently asked questions of expats is ‘what’s the best way to transfer money internationally?’ Expats earning in different currencies than their home currency may have to send money home to support family or meet financial obligations in their home country. In addition, people earning in currencies such as the UAE Dirham …
What’s the best way to transfer money internationally? Read More »
What does ‘savings rate’ mean? Savings rate is a fairly straightforward metric to calculate and track. It is essentially just your total income minus your total expenditure in any given pay cycle, month, year, or other timeframe of your choice. This is, in my opinion, the best indicator of your financial health. Your savings rate …
You probably left your home country to work as an expat for a higher salary, better employment package and quality of life and to experience a new culture. However, mental health concerns such as loneliness and homesickness quickly led to behaviour that increases the likelihood of financial stress. You spend more, and you aren’t sure …
Expats more prone to money-related mental health issues Read More »
Struggling to manage money? Want to know where all your money went? You will hear the same advice almost every time: create a budget. But which budgeting method is best? And how do you create a budget that you will actually stick to and will help you make the most of your money? There’s a …
Have you ever looked at your bank balance towards the end of the month and asked where did all my money go? I know I have…too many times. You can’t remember anything substantial that you bought, and other than paying bills, you’re not sure where your hard-earned money went. Come to think of it, am …
could tracking expenses be your fast track to wealth? Read More »
Investing can seem convoluted and risky before you get started. There is so much information – what are stocks, equities and bonds? Which ‘stocks’ should I invest in? What platform should I use? What do all these little squiggly lines mean? What is the S&P 500? The Dow Jones and the London Stock Exchange? Should …
