What’s your financial personality type?

We all have certain beliefs and behaviours that guide us in our choices in life, whether that is in respect of the food we eat, how we live, the way in which we work or bring up children, our political views etc,  so it stands to reason that these personality traits cross over to our financial identities.

Although the financial services industry tends to pigeon hole people into various categories such as balanced investors, retirees, young married, cautious types and more, I believe that there is a whole other set of identities that relate to how we run our financial lives.

You may have heard people claim that they are a ‘spendthrift’ or that they are ‘saver’ but I think it is a little more complex. In reality we rarely have such black and white styles of money management.

There have been a number of studies with authors listing up to 20 different personality types but I have narrowed it down to seven which I think cover most of us.

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UAE Public Holidays for 2017

These are the official dates of public holidays for the UAE for the coming year so you can make a note in your diary now and plan ahead. Actual days off work for both the public and private sector will vary but these are the dates announced by the Government so far.

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The Twelve Days of Christmas – the cost of recreating it in Dubai

It’s the time of year for seasonal cheer and goodwill to all men so for a little fun I’ve put together something a little different. It can be tough to decide what to buy for your significant other, particularly when they seem to have everything so sometimes you just need to be creative. Most people know the song The Twelve Days of Christmas so to show someone that they really are your true love you could go all out and recreate it!

For the first time in the UAE here is your guide, with all the relevant costs, to giving the appropriate gift for all 12 days to your beloved. This is Dubai however, so we just have to do things a little differently so if you really want to impress the love of your life and go all out this Christmas here’s how you can do it, and most importantly what it is likely to cost you.

12-days-of-christmas-1

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Tips on reducing spending & better budgeting

When it comes to taking control of your finances, the obvious, but frequently overlooked first step, is to take a long, hard look at your monthly budget. Quite simply, if you don’t know what your outgoings are, how do you know if you are overspending? How do you know how much money you have available to spend each month?

savings-jar-cashThis article provides a guide to working out your budget and reducing wasted expenditure. Life in the UAE is expensive and we can all benefit from reminders of how to manage our heard-earned income a little better.

Get started by following these steps:

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UK Autumn Statement, November 2016 – the facts that expats need to know

Following changes of leadership in the Conservative Party earlier this year, the new UK Chancellor of the Exchequer, Philip Hammond, presented the UK Autumn Statement and Spending Review to parliament on 24th November. These reports are always lengthy and whilst covered extensively in the UK press I like to pick up on the points that have relevance relevant to expats, particularly those who are resident in the UAE. I have read through all 69 pages of the official report so you don’t have to.

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Seasonal spending – 20 hints & tips on budgeting

As we head rapidly towards the end of 2016 the prospect of Christmas and New Year is daunting for many due to the cost of the celebrations. With Christmas being as much a cultural as a religious event for most people and New Year being a party time too, I thought I’d put together an article with hints and tips for budgeting at this time of year.

More lighthearted than my usual offering and those that know me well may raise an eyebrow as I am not exactly known for an overwhelming love of Christmas (mainly as it seems to go on so long) but this may be of interest and use to a few people.

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Where there’s a will there’s a way to protect your family

If you have assets, and more importantly, if you have children, then you need a will. This is a subject that many people are reluctant to address but there are many misconceptions and an all too common reluctance to talk about the relevant issues. In this article I want to set out a few facts and answer the most popular questions that I am asked.

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