I bought my current car in 2007. It was a cheaper version of my dream car. I made the final payment on it in November 2013 and discussed how I would be obtaining my next car with cash – you can read about it HERE.
I hate insurance. Payments made in perpetuity for something that might never happen – definitely not my favourite type of pay out. It annoys the crap out of me. However, I still buy insurance anyway. Why? Because of Mr Murphy. I’ve spoken about Murphy in a previous post – Can Emergencies Wipe Out Your Savings?View full post
I didn’t do a separate financial board last year. Instead, I incorporated it into my personal vision board, which I wasn’t able to share on here due to my anonymity. This year, I decided to make a separate financial vision board so that I can be more focused and gazelle intense about achieving my financial …View full post
I’d blogged earlier about my scrooge splurge for 2013. I thought I’d get a nice bag or some great shoes then it dropped to 15 degrees and started raining everyday. I completely forget about all that and dived into the nearest mall to buy a bunch of new sweaters and a coat. I combined my …View full post
This the continuation to 20 Beauty Products in Your Kitchen – Part 1. Milk: This can be a great conditioner. Apply cold to hair, comb through, wait for about ½ an hour, then wash as usual. You can also mix with flour for a facemask but I’ve never tried this.View full post
I’ve written previously about the rude awakening I received during the recession after I got laid off twice. There are 10 things which stand out to me and always flutter in my mind when I think about the recession. Here they are in no particular order:View full post
I will have to say that Your Money or Your Life was the book that led me to seriously start questioning what I’m doing with my life and how I’m spending my time on earth. It’s the book that made me start looking at ways to not just become debt free but financially independent so …View full post
Before I had my Eureka moment in 2009, I made a lot of foolish decisions about money considering I wasn’t much of a spend thrift to begin with. I just didn’t have a proper hang on money management back in those days. Today, I wanted to go back and explore a few of the financial …View full post
Aug 26 2014
I’m answering a reader question today (major parts deleted for privacy reasons) – “….if I’m disciplined with my cards, is it okay to have more than one credit card?”
Based on my observation over the years, the average person in UAE is in possession of at least 4 credit cards at any given time with an average limit of AED 8, 000/card. That’s a hefty amount of unsecure money to have unfettered access to.
Aug 23 2014
Whew! It’s been quite some time since I uploaded any new articles. My bad. I have been busy with a lot of life changes. When I started the site, I mentioned my desire for early retirement so I can focus on the things I care about – you can check it out on HERE. Most of what I’ve been doing in the last year has been moving me towards this moment and in the last few months; I have been working out my numbers and saving more than ever to achieve this. I finally decided to strike out on my own end of last month, which is why I’ve been missing in action.
Jul 11 2014
Credit cards get a bad wrap which is true most of the time. Nevertheless, it is still possible to use a credit card to your advantage if you know what you’re doing. Outlined below are the good, the bad and the ugly of credit cards. I’m going to start with the bad & ugly first, just to scare credit card addicts:-
Jul 07 2014
I have received a lot of emails from readers asking about the best and most effective way to hunt for a job in Dubai. Unfortunately, some of the best jobs in Dubai, or anywhere for that matter, never make it to the job market. The positions are either filled internally or through recommendations. However, there are several things you can do to get yourself on that recommendations roaster.
Jul 04 2014
Jun 28 2014
I hate insurance. Payments made in perpetuity for something that might never happen – definitely not my favourite type of pay out. It annoys the crap out of me. However, I still buy insurance anyway. Why? Because of Mr Murphy. I’ve spoken about Murphy in a previous post – Can Emergencies Wipe Out Your Savings?
Jun 26 2014
I’ve received a few emails regarding what my budget looks like now that I’ve paid my debt off. You can find my previous post on What My Budget Looks Like HERE. This was my budget when I was still in debt. Now that I’ve cleared out all debts, I’ve updated it with other items aimed at achieving my life goals. Below is a rough breakdown of my current monthly budget: –
Jun 24 2014
The loan shark scourge in UAE has been well documented in the past. Several tales of horror can be found HERE, HERE & HERE. This isn’t an exhaustive reference by any means. If you are really strapped for cash and can’t or don’t want to provide all the documentation required to secure a proper bank loan in UAE, it’s easy to reach for the easier option provided by loan sharks. It’s fast, devoid of documentation and easy to procure.
Jun 22 2014
As I’ve discussed previously, I’ve been leaning towards an exit from paid employment to pursuing my passion for sometime. In preparation for this change, I’ve been gathering information required to make the crossover successfully and without much stress, given the level of complication with navigating UAE labour laws.