How To Build An Emergency Fund

Emergency fund header

Building an emergency fund is a crucial part of financial planning regardless of whether or not you’re an expat. It is one of the foundations of the ‘Financial Planning Pyramid’ that need to be in place before you even begin to look at investing and retirement planning. You can read about the ‘Financial Planning Pyramid’ in this post. What is an emergency fund? An emergency fund is basically a bank …

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The Personal Finance Quiz

Personal finance quiz

How much do you know about personal finance? Not sure? Then have a crack at this short financial literacy quiz and find out right now! Financial literacy or even basic finance is not really taught in most schools generally, so it’s not really any surprise that many people leave the education system with barely even a basic understanding of simple investing and financial planning concepts, such as inflation, risk and …

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The Theatre Of Expat Financial Advisers

Thetheatre of expat finance - #expat #finance

Or “Why Financial Advisers Wear Three-Piece, Pinstripe Suits” I’m sure you have heard the expression, “Fake it Till You Make It”. It’s a kind of a belief that if you imitate confidence, competence and success, you will realise those qualities in real life. Not a bad philosophy per se and I am a big believer in visualisation and the power of the mind. But the problem is, many offshore “Independent …

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How To Create A Budget For Expats

Expat Monthly Budget

If you don’t track your monthly income and expenditure, you’re not alone – it is estimated that less than half of all working people in the Western world ever bother to budget. (Asia is a different case.) But if you’re currently living as an expat and you’re in a position where you could potentially get ahead financially, it makes sense to set up a budget and track your finances in …

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Managing Debt For Expats

How To Manage Your Debt

The issue of debt is not something from which expats are excluded. There is a common belief that all expats are earning great money and are very secure financially, so it might surprise some people to hear that I have met many expats on a professional level over the years with quite alarming amounts of debt. And this is debt racked up both before and after becoming an expat and …

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Thoughts On Timing The Markets

Timing the stock market

Can you time the markets? Some people think you can. And some people think you can’t. Critics of the market timing strategy claim that in trying to time the markets, then really, you are trying to predict the future. And if you can predict the future, you might as well predict the next lottery ticket numbers and stay clear of the markets, right? Those in support of market timing believe …

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Avoid These 7 Common Financial Mistakes

Don't make these expat money mistakes

Anyone can make mistakes that cost them financially and we, as expats, are not immune either. In fact, there are often more pitfalls to negotiate when you are living as an expat than when you are back home. As with so many things in life, a lot of potential issues can be avoided with some preparation, so I have compiled my Top 7 Financial Expat Mistakes in order to help …

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