How to Save Money in UAE Despite Pay Cuts, Layoffs Published January 19th, 2021 - 07:00 GMT
A survey conducted by MyMoneySouq, an online aggregator of financial products and services, in the last quarter of 2020, highlights the experiences of over 440 individuals and families in the UAE. (Shutterstock)
Highlights
More than 80 per cent people said that their incomes were affected by the pandemic
Last year with all its movement restrictions, health issues and advisories, pay cuts, and redundancies, in many cases, was difficult for many of us. The unusual nature of 2020 tested not only our mental and physical resilience but also our aptitude for managing money matters. How we fared as individuals and families is personal, yet there are lessons that can be learnt and remembered from each other’s experiences.
Coronavirus UAE: How to boost savings amid pay cuts, job losses
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More than 80 per cent people said that their incomes were affected by the pandemic
Last year with all its movement restrictions, health issues and advisories, pay cuts and redundancies, in many cases, was difficult for many of us. The unusual nature of 2020 tested not only our mental and physical resilience but also our aptitude for managing money matters. How we fared as individuals and families is personal, yet there are lessons that can be learnt and remembered from each other’s experiences.
A survey conducted by MyMoneySouq, an online aggregator of financial products and services, in the last quarter of 2020, highlights the experiences of over 440 individuals and families in the UAE.