PPRuNe Forums - View Single Post - Emirates - Trying to understand the financial Equation
Old 15th May 2018, 12:33
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BANANASBANANAS
 
Join Date: Jun 2001
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Originally Posted by pilotguy1222
Why? Using 15,000+ aed of the basic salary to live on each month is plenty. Seems quite doable if you are disciplined.
Quite right. It does depend though on how you choose to spend what passes for days off in Dubai.

if you are a new expat it is understandable that you want to sample a wide variety of what Dubai has to offer - and it isn't cheap.

If you have children at school, car loan, training bond to consider, credit card, etc, etc then salary can go very quickly.

The secret imho is to resist all the easy bank loan temptations in the first 18 months or so and just consolidate your financial positions. Some guys take out big car loans on day one and never really catch up.

Before you come to EK just ask yourself why you are coming. If it is for $ then you are going to have to miss out on a lot of brunches, second car loans and high end restaurant meals.

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