Financial survival for newbies in the UAE (The National)

Financial Planning

We often see articles on the need to save for retirement and how we will be short if we do not save money as soon as possible in our working lives. While these are important points to consider, with an increasingly young population moving to the expensive lifestyle jurisdiction of the UAE, it can be difficult to stay afloat and solvent – let alone save money for the future.

In fact the most financially challenging period of your life is not retirement, it is actually early on in your career.

At this life stage, your salary is still probably low, but you have the longest list of expenses: work clothes, mobile phone bills, your first home furnishings, cars, weddings, rent – need I go on? (to continue reading, click here)