How To Choose A Financial Adviser

How to choose a financial adviser

If you have decided that you need some help with your expat financial planning, knowing where to begin to find a good expat adviser can be a daunting task. There is no shortage of information available online, but the difficulty is, sometimes there’s just too damn much information. Filtering through it all can be a tedious and time-consuming task to say the least. And more often than not, you’ll come …

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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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Lifestyle Creep and How To Reverse It

Lifestyle creep and how to reverse it

There’s a term called ‘lifestyle creep’, which is used to describe the situation when somebody’s living costs increase with (and sometimes extend beyond) rises in their take-home pay. You’re making more, but you’re also spending more. Things that were formerly luxuries are now seen as necessities and coupled with the modern culture of instant gratification, it becomes easy to fall into a spending trap. I think it is a natural …

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No Nonsense Guide To Finance #3

No Nonsense Guide To Finance

Those pesky financial advisers will often throw around terminology that they perceive to be universally understood, when in actual fact, the words they use can be quite industry-specific and not as familiar to the client as the adviser may assume. You know I like to keep things as simple and as no-nonsense as possible, so here are six commonly-used terms broken down for you. This time we’re looking at: Money …

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How To Succeed In The Stock Market

How to succeed in the stock market

I am sorry to have to break it to you, but simply saving your money in the bank is never going to make you rich. That’s because the purchasing power of your money is constantly being eroded by inflation. So, if you want to build your wealth, the solution is to ‘put your money to work’. And that means investing it in something that will provide you with at least …

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