Daily Archives: May 31, 2011

”Plan in detail for those University costs!”

Q. I will be graduating from a Bahrain high school in two years time and am already thinking about which university I’d like to attend. However, I am concerned that I will not be able to afford all the costs, … Continue reading

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“My husbands sister wants him to care for her kids”

Q. My wife and I have been asked to act as guardians for my sister’s two young daughters should anything happen to her. She lives in my home country of India and is seriously unwell and unable to work and … Continue reading

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“Put money aside for urgent needs”

Q. I urgently need to secure some extra cash to pay for a host of unplanned needs in the coming months, which my accessible savings are not enough to cover. I know taking out a loan can incur high interest … Continue reading

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“Insure Key men to protect your firm”

Q: I am in the process of setting up a small health and fitness business in Bahrain that has been set up on the back of one of my friend’s talents and connections in the industry. He will be working … Continue reading

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“Increase your Wealth – Take a Pay Cut!”

I never seem to have any money left to save at the end of the month, how will I ever build up some savings? Increase your Wealth – Take a Pay Cut! It may sound like a crazy notion to … Continue reading

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“How to deal with inflation risk in retirement”

I keep reading about how long people are living after retirement and wonder how on earth they manage to maintain a decent income throughout this time, what can I do?   People often think of their pensions as a bit … Continue reading

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“I need to start saving for my own old age. What should I do?”

Q. My father is nearing retirement and I have been helping him put his finances in order and it has made me realise that I need to start saving for my own old age. What should I do?   Sooner or … Continue reading

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“How do I calculate how much life insurance I need?”

Q: I am 34, married with two kids (my wife also works) and we have just bought a house with a 15-year mortgage. How do I calculate how much life insurance I need – what are the general and specific … Continue reading

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Q. I am 45 years old and have just been diagnosed with Multiple Sclerosis….

Q. I am 45 years old and have just been diagnosed with Multiple Sclerosis, I am only mildly affected at present but I am aware that my physical ability to work may be reduced in the coming years. I am obviously … Continue reading

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My job involves a lot of travel around the Gulf and my company provides great health cover – but is this enough?

 Having excellent medical, car and home insurance does not always guarantee international travel insurance protection when you decide to travel to another country. Many unpredictable situations can occur that may not be covered by your insurance back home, therefore you … Continue reading

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