Teach Middle East Magazine Jan-Feb 2016 Issue 3 Volume 3 | Page 44

Finance 19 Ways To Save Money In the UAE - Frugal Living By Aaron Crotty S aving for the future is as important as eating and taking care of your personal health. No one has seen tomorrow but we need to have a positive attitude that tomorrow will be better and bigger. For that to happen, we need to take action today and start somewhere. Life is to be lived and money plays a major role. Money is not everything but it secures our future, brings peace of mind and also opens up more options to us. Track your spending by saving receipts The UAE is a place where one can live lavishly without giving much thought to tomorrow. Such is the charm of Dubai and the other Emirates. Having said that, we need to plan our future, save for our kids’ education and also save for our retirement. Buy groceries for a week Below are 19 General Money Saving Tips: You can enjoy the economies of scale only when volume is high. So rather than waiting for the last minute and buying from your local grocery, plan in advance and prepare a list. This way you can save every week, which can make a huge difference when you compare them annually. Saving goal on a daily basis Pigg