The National published an article highlighting three simple steps to turn your finances around, based on the tips by Souqalmal.com.
With job opportunities, a multicultural environment, a growing economy and a vibrant lifestyle, it’s no surprise that people from all around the world choose the UAE as their second home. Multiple studies have highlighted the Emirates as an attractive destination for expats.
Despite this, many fail to reach their financial goals during their tenure here. According to the UAE Central Bank, the total domestic lending to UAE residents reached over Dh332 billion in December 2015. So, why the struggle to save? Reasons can be attributed to a combination of high living costs, consumerism, social obligations in the new environment or a general lack of understanding on how to manage income.
Here, the price comparison website Souqalmal.com offers three tips to help you turn your finances around.
For full article go to The National