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Gulf Press > Lifestyle > UK expat regrets not taking more financial risks over the years
Lifestyle

UK expat regrets not taking more financial risks over the years

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Last updated: 2024/09/20 at 1:43 AM
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Daniella Aschettino, a 39-year-old headteacher in Dubai, shares insights on her relationship with money in an interview. She describes her relationship with money as cautious, influenced by her parents who taught her the value of money. Her mother, who grew up in a family with limited resources, instilled the importance of being sensible with money while also enjoying it. Daniella often seeks financial advice from her father, a former bank manager, investor, and businessman, who she considers a trustworthy advisor.

Living in Dubai has exposed Daniella to a wide range of wealth levels, leading her to compare her wealth with others. She values spending on education and plans to invest in properties for long-term financial stability. Her greatest financial decision was moving to Dubai, which not only provided personal and professional growth but also financial stability. She is proud of becoming a headteacher at a young age and views her job as a stepping stone to save, invest, and prepare for the future.

Despite a cautious approach to money, Daniella reflects on missed opportunities due to being overly careful. She emphasizes the importance of balancing financial security with enjoying life comfortably. Her decision to invest in property in the UK after university has paid off, providing additional income for her doctorate studies. However, she regrets not seizing more opportunities, such as buying additional property in Dubai when given the chance.

As a new mother, Daniella’s perspective on money has evolved, prioritizing her daughter’s needs over her own. She finds joy in buying things for her child and follows her mother’s advice of treating oneself after hard work. While she splurges on designer bags and shoes, she sees them as investments for her child’s future. With a clear focus on education and property investments, Daniella plans to achieve financial goals, such as owning multiple properties debt-free by age 50.

In conclusion, Daniella’s approach to money reflects a balance between caution and enjoyment. Influenced by her parents’ lessons on money management, she seeks advice from her father and values education and property investments for long-term financial security. Her experiences in Dubai have shaped her perception of wealth, leading to personal and professional growth. Ultimately, Daniella’s journey highlights the importance of financial planning, wise investments, and balancing financial security with enjoying life’s pleasures.

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News Room September 20, 2024
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