Expat Investor Episode 33: Planning As An Expat Parent

The Expat Investor Podcast takes a slightly different approach in this episode. Skybound Wealth Financial Advisor, Max Gerstein sits down with a Zee, a South African expat living in Dubai desperately trying to strike a balance between enjoying the present, whilst planning for the future. Dubai is famed for its high living costs and dynamic lifestyle, and Zee shares her personal journey and challenges in achieving financial stability amidst these factors.

Challenges and Goals: Zee, a mother of three navigating life in Dubai, discusses the financial hurdles faced by many expatriates. Working in real estate, she highlights the uncertainties of fluctuating income and the importance of maintaining an emergency fund. Zee reflects on past experiences with credit card debt, emphasising her newfound aversion to credit and the need for disciplined financial habits.

Financial Strategy and Vision: Her income primarily supports her children's education and extracurricular activities, with less focus on tracking other expenditures, leading to unexpectedly high monthly spending. Despite these challenges, Zee remains determined to build a property portfolio to secure her family's financial future.

The Role of Financial Planning: Max explains the pivotal role effective financial planning plays in achieving long-term goals such as property ownership, funding her children's education, and ultimately attaining financial independence. She discusses the transformative impact of structuring priorities and savings strategies under expert guidance.

Key Insights and Takeaways: In this candid conversation with Max, an experienced financial advisor and fellow expat, Zee explores optimised savings strategies aimed at early retirement. The pair discuss the significance of dividing resources between immediate financial needs and long-term investments, providing clarity and control over her financial journey. As a result, Zee leaves the session feeling empowered and focused, ready to implement practical steps towards her financial goals. Zee’s story serves as an inspiring, if all too real, case study for expatriates in Dubai and beyond. By highlighting the importance of proactive financial management and setting clear priorities, Max offers valuable insights for other expats to apply to their own situation as they strive to secure their financial futures.

Expat Investor Episode 32 - Tom Pewtress, Group Head of Technical at Skybound Wealth and Olympic Medalist & World Champion Jamie Baulch

In a departure from our usual podcast format, we had the pleasure of welcoming Jamie Baulch, a retired Olympic Sprinter with an illustrious career. Jamie's journey is not just about his athletic triumphs but also the valuable lessons he learned along the way, particularly in the world of finances.

Expat Investor Episode 31 with Tom Pewtress and Max Gerstein - Insurance Planning

Today I don’t want to talk investment management. I want to talk about insurance planning. Last year I covered this topic on a number of occasions, but over the course of the last 12 months I have witnessed scenarios when planning was done well, planning was done to some extent and planning had not been done at all – sadly all cases needed the best planning to be in place but not all did. I can’t stress enough the obligation and work that should be being done to protect what have and those around us. And that includes the continuous ongoing review of the cover that you have in place. Today im joined by a fellow member of team – Max Gerstein to explore this topic further. To be honest I hate the word insurance – protection is all about risk management. Seeing the outcome of a critical illness claims makes it very easy to understand the benefit of transferring the risk of critical illness. Why should I risk my own savings, investments and future income when I can pay a sum of money for someone else to carry that risk. That’s what thee huge companies were designed to do.

Expat Investor Episode 30 Market Review And Outlook With Tom Pewtress and Jabir Sardharwalla - Planning On Purpose With Tom Pewtress and Paul Butler

Episode 29: A Look At The Markets with Edmund Teasdale and Special Guest, Oliver Harwood from Quilter Cheviot.

Episode 28: AI is taking over. Are emerging markets set to benefit?

With Tom Pewtress and special guest, Olivia Wingrove from LGT Wealth Management

Episode 27: Moving Abroad - the process, the challenges, the joys with Tom Pewtress, Peter Gollogly, Bryan Bann & Jonathan Lumb

Welcome to our Expat Investor Podcast Special – Moving abroad – where today I’ll be joined by a number of our team here at Skybound Wealth to discuss the process, the challenges, the joys and hear some of the stories our team have encountered when they decided to move overseas. 

• Quick recap of the markets from the previous week
• Joined by a trio of guests; Financial Planning Director Peter Gollogly, Regional Manager for Geneva Bryan Bann, and Regional Manager for the UAE Jonathan Lumb. 
• Over the last 18 months what has been a main concern for clients?
• Having moved more than once to a new country, was there something that you prioritised differently on your last move?
• What were the biggest challenges that you faced when you first moved?
• Did you have any milestones set up to achieve before you first moved abroad?
• What do you think is the biggest factor is in why clients move on from where they first were situated?
• Finally, what drives you all to remain living and working where you do?

Episode 26: Are you an Aussie expat? with Tom Pewtress and Ryan Donaldson

Are you an aussie expat? Or thinking about moving to Australia in the future... buckle up, we've got some must things know coming up in todays show.

I’m Tom Pewtress, you host for today’s Expat Investor Podcast. Today I’ll be joined by Ryan Donaldson, Regional Manager, Europe.   

• Over the last 18 months you and your teams have helped countless Australian expats around the world and across Europe but this year there’s some big tax changes coming potentially for Aussies?
• What is the current situation and the potential changes?
• What are the implications of becoming an Australian tax resident?
• What investment options do Australian Expats have whilst living abroad?
• What is a life insurance wrapper?

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For more information on the podcast contact Ryan.Donaldson@skyboundwealth.com

Ryan will be hosting a webinar on the 18th May where he will be taking an in-depth look at the latest Australian budget & new tax residency rules. To watch the webinar, click the link to register.

Ryan’s journey with Skybound Wealth started almost a decade ago when he relocated to our UAE office. After quickly becoming a successful Senior Adviser, Ryan was made Regional Manager of Europe in 2022. His wealth of knowledge having lived and worked in the UK, UAE, Belgium, and Switzerland gives him a great understanding of the challenges that many expats can face during their time abroad.