Guide

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EWmums

EWfood

ewmoda

Savings...

247

Posts

EW NEWBIE

Latest post on 11 January 2011 - 10:37

Do you have 3 months salary saved as a "cushion" in case something happens?

Where do you keep it? A bank here? A bank at home? An international offshore bank?

Thanks :)

Log in to post new content in the forum.

128

Posts

EW NEWBIE

Latest post on 11 January 2011 - 20:36

Hi, If anyone would like to speak with my contact, they may or may not be able to help you, but you have nothing to loose.... send me an email and I will give you his details if you like... nippy35 at googlemail dot com

610

Posts

EW GURU

Latest post on 11 January 2011 - 18:30

I would be interested to know a good off shore company. edited by Masha on 11/01/2011 Me too :-)

30

Posts

EW NEWBIE

Latest post on 11 January 2011 - 12:53

I would be interested to know a good off shore company. <em>edited by Masha on 11/01/2011</em>

1052

Posts

EW OLDHAND

Latest post on 11 January 2011 - 12:50

dunno...never had any! Me either, when i do manage to save there is always something the kids need, driving lessons, school trip, just goes to show i dont manage to save much really then Lol, but we live a nice lifestyle here, i am hoping to save at least half my salary each month this year fingers crossed :)

1579

Posts

EW EXPERT

Latest post on 11 January 2011 - 12:15

Working toward a 3 month cushion and I keep it in an account at home :)

180

Posts

EW NEWBIE

Latest post on 11 January 2011 - 11:13

http://www.expatwoman.com/dubai/monthly_finance_legal_financial_services_Prosperity_Offshore_Investment_Consultants_5654.aspx

180

Posts

EW NEWBIE

Latest post on 11 January 2011 - 11:12

Agreed - you should always keep a contingency fund, for that just in case moment. I believe that all other funds should be kept offshore. Has anybody seen the deal where you can speak to one of the Expat Woman recognised financial advisors at no cost? I wondered if anybody had - I was interested - thought it might be useful - thoughts??

128

Posts

EW NEWBIE

Latest post on 11 January 2011 - 11:09

We save nearly half of DH salary a month..... some of it goes into a policy, offshore which is surprisingly making good money for us.... the other half of the savings go into an offshore bank account.... We keep the minimum here, enough for us to enjoy ourselves. Nippy

39

Posts

EW NEWBIE

Latest post on 11 January 2011 - 11:01

When we wrote the Will, we were told to keep the minimum here as if anything happen to DH, the account would be frozen within an hour or so. I keep some in my personal account that does not link to DH, some cash in the safe together with all the important documents (latest paid bills, copy of passport and visa, marriage cert., birth cert, nomination document, etc). Other emergency (i.e. lost jobs)...offshore where no shariah laws applies.

Freckles 128127

787

Posts

EW GURU

Latest post on 11 January 2011 - 10:53

dunno...never had any!

297

Posts

EW NEWBIE

Latest post on 11 January 2011 - 10:51

We keep the bare minimum here. All other moula is far away (intl offshore). <em>edited by Wendopia on 11/01/2011</em>

131

Posts

EW NEWBIE

Latest post on 11 January 2011 - 10:47

would like to know as well, ladies

Log in to post new content in the forum.

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