How UAE expats can save for 7 years and earn Dh1 million

Dubai: Every expatriate wants to go home richer after years of working abroad. But with the cost of living on the rise and financial responsibilities piling up, saving for the future often takes a back seat.

Depending on your income level and financial discipline, it is still possible to build a considerable amount of nest egg – even Dh1 million if you save regularly.

According to the money experts at Guardian Wealth Management, by saving for only seven years, expatriates have the potential to more than double their money and make themselves a million, whether it be in dirhams, dollars or pounds.

“Seven years is the average amount of time an international worker stays in the Middle East and is plenty of time to convert hard-earned savings into potential millions,” said Hamzah Shalchi, regional manager of Guardian Wealth Management.

Source