Expat Living in UAE: German Resident Emphasizes Life as the Superior Form of Financial Advice
Uncut, Unscripted, and Open-意见:
Sarah Sefiane, a 35-year-old German expatriate, helms Skyrize Partners in Dubai, UAE. Born and bred with frugality, she's worldly-wise about the intricacies of wealth.
What's your take on money?
Unrequited love might keep me hooked, but money and I share a no-nonsense bond – no passionate affairs, just mutual respect.
How did this bond form?
Growing up, spending cash was frowned upon, and vacant bank accounts soon became the norm. I guess that's how I came to understand the power of a dollar.
What financial lessons did you learn from your mother?
If my memory serves me right, my German mum had a knack for squirreling money away. I guess I picked up a thing or two from her practical approach to finances.
Who's your go-to when it comes to money matters?
Money isn't off-limits, that's for sure. I've always been able to talk to my dad about it, not just the dollars and cents but the life choices connected to them.
Who's taught you the most about handling cash?
Experience, baby. Life shows you the ropes better than any finance guru ever could. Every misstep and success is another bead on your financial necklace.
What's been the most profound money-related experience for you?
Money might make the world go round, but it's paying the bills that really keeps the lights on. It's a hard lesson, but an important one.
Is the UAE shaping your outlook toward money?
The UAE is like an intoxicating mirror reflecting ambition. It pushes you to dream bigger and roll the dice because taking risks is all but encouraged.
If you could give your child or younger self one piece of advice about money, what would it be?
Invest early and often. Small sums, big returns – that's the name of the game.
What are your financial splurges?
Money makes me weak in the knees when it comes to investing in my business, pampering my loved ones, gallivanting around the globe, and, every once in a while, treating my feet to a fancy new pair of kicks.
Do you plan your finances a year ahead?
More like a good 6-12 months. I balance out my needs, coffers, and dreams with investment in real estate, stocks, and my own happiness.
What's your long-term goal that has a hefty price tag attached?
My dream is to expand Skyrize Partners and make an impact on women's leadership across the Middle East. Financial success is essential for any leader to take on her ambitions.
What's your game plan when it come to saving?
I save as much as I can without going broke. I believe you've got to enjoy life while you can, but also plan for vacuum situations down the road.
What's your biggest financial win so far?
I haven't reached my pinnacle, but I'd say Skyrize Partners is my crowning financial achievement.
Biggest financial fumble?
I've taken my fair share of hits, but the worst I ever took was plunging headfirst into Wirecard, which plummeted faster than a hawk diving for its prey.
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- Sarah Sefiane's bond with money is one of mutual respect and no passionate affairs.
- Growing up, Sarah Sefiane's mother taught her the practical approach to finances by squirreling money away.
- Sarah Sefiane's father is someone she can talk to about entire money matters, not just the dollars and cents but the life choices connected to them.
- Experience has shown Sarah Sefiane the ropes better than any finance guru, with every misstep and success another bead on her financial necklace.
- Sarah Sefiane's dream is to expand Skyrize Partners and make an impact on women's leadership across the Middle East, considering financial success essential for any leader to take on her ambitions.
- Sarah Sefiane saves as much as she can without going broke and balances out her needs, coffers, and dreams with investment in real estate, stocks, and her own happiness.
- Despite taking financial hits, such as plunging into Wirecard, Sarah Sefiane considers Skyrize Partners her crowning financial achievement.
