Learning to live well on less money.
Although unemployment level have risen and individual incomes fallen globally, expatriates in the UAE say that through cutting back on shopping, holidays and expensive brands, it has become possible to live well on less.
"[In] the good times when companies made good profits... salaries were continuously on the rise," said Risa, an expat from the UK. But Risa soon lost her job and had to make cut backs in her lifestyle in order to get by.
"I immediately gave up my rented car and was careful in taxi usage, running different errands in the same area of town at the same time to make use of the single fare each day. I was careful with phone usage and cut down on eating out." Two years on, and Risa has secured a stable job, and is now benefiting from Dubai's falling rents, upgrading her accommodation from a shared villa to a private apartment in a good neighbourhood.
Al Nisr Publishing LLC 2011. All rights reserved.
Provided by Syndigate.info an Albawaba.com company