Sarah Noble, 30, a Pilates instructor at Zen Yoga Studio in Dubai, enjoys spending the majority of her savings on travelling around the region.
Sarah Noble, 30, a Pilates instructor at Zen Yoga Studio in Dubai, enjoys spending the majority of her savings on travelling around the region.

Learning to make money stretch



For once and for all, I am here to set the record straight about "expat brats". I might have been brought up in the expatriate life in Botswana, but no way can you call me precious. Like most expatriate young people, I was sent home to study or, as parents like to say: "Wait until you experience the real world." Yes, I paid my dues during my time in college back in the UK but I'm back living the expatriate life in Dubai, and thriving, with a strong sense of self and of financial management. Don't you wish your kids were smart like me? Listen up.

I've been working as a client relations manager and Pilates instructor for Zen Yoga for the past year. I look after clients and give classes at its three studios in Dubai. I also recruit and train the receptionists, ensuring that any communication issues are dealt with effectively. It's a good company to work for and, in addition to earning a management fee, I'm paid on a commission basis for the Pilates classes. The fee covers my living expenses and I can manage to save my commission for giving group and private classes, which is roughly the same as the fee or a little more. My savings allow me to travel and explore the region while my fee is my cushion, giving me the security of always having enough money at the end of the month to pay my rent, a practice I was forced into during my time at college, away from home.

Now, I'm grateful to my parents for giving me a good grounding in money management all those years ago, but it was a rude awakening for an expat brat, already suffering the cold and rain of the UK. I was just 17 when I arrived at Leicester University in 1997 to study sport therapy. My mum came for the first two months, to set me up in accommodation and organise the bank standing order for my living expenses.

I had an allowance of £300 a month which I never thought anything more of until the day before she left. She produced a newspaper and said: "Now let's look for a job for you." What? I had never had a part-time job like a paper round or babysitting when growing up in Gaborone, the Botswanan capital. It just wasn't done. A bit like here, I suppose. But my parents, who were originally from the UK, wanted to instil their own values in my younger sister and I so they gave us jobs for which we were paid, like washing the car and cleaning the swimming pool.

It wasn't going to be a free ride in the UK either, it seemed. While my parents ensured I had a roof over my head by giving me enough money for the rent and living expenses, if I wanted anything else I had to go out and earn money to buy it, or else do without. The innocence of the Gaborone life was quickly to be replaced with a street-smart attitude. I waitressed all through my four years at college, working next door at the Leicester Tigers Rugby Club's hospitality boxes. Doing silver service, where I would personally place customers' food on their plates, I earned a lot, especially at weekends, almost matching what my parents sent me. I didn't tell them that but I could have paid for myself, really. As I earned more qualifications in sport therapy, the venues where my university would place me began offering to hire me on a paid basis.

I also worked part-time in the college gym, doing rehabilitation therapy for students with sport injuries or disabilities, which is essentially what sport therapy entails. I learnt the value of money over that time, as well as having fun, spending my money on travelling and cheap £99 holiday deals. But I was lucky to have that cushion from my parents for my living expenses. I first came to Dubai in 2000 when a college friend and I were recruited as sport therapists for a health club, but we ended up working as gym instructors.

I stuck it out for a year and managed to save almost half my salary of Dh6,000 plus housing every month. Dubai was cheap at that time; a taxi ride cost only Dh10 to get from Lamcy Plaza to Deira City Centre. When I moved back to Botswana and converted my savings into the local pula, I had enough to set up my own business. I rented premises for Dh4,000 a month from one of the local gyms and had referrals from the gym and physiotherapists. Over the next two years I built up my reputation, in addition to my savings. I was also working on my qualifications for teaching Pilates.

The funds enabled me to pay outright for my 20 per cent share in a business I set up in partnership with two physiotherapists and we built up a good practice over the following few years. However, a short trip to visit a friend in Dubai in 2007 made me realise there were more challenges out there and, having reached a plateau in the business in Botswana, both professionally and financially, I decided to research my options back in Dubai.

I spent a year working at a Pilates studio on my return, earning about the same amount of money as in Botswana, which wasn't very much. But I had the cushion of my savings and continued to save over that time, giving me a sense of security. My parents had taught me well. The thing is, I doubt that I would have got to where I have now without the early lessons in money management. I learnt that I had to work hard and save in order to get what I wanted. I don't like the thought of owing money; I don't have a credit card and if I can't afford something that means I can't have it.

Eventually I'll settle down and then the big decisions will come with regard to buying property. But for now, I'm happy with working with Zen Yoga and building up my precious cushion of cash. My quality of life here in Dubai is very good, as my earning capacity is higher than in Botswana; however, the temptation to overspend is greater in Dubai, so I have to be really disciplined in order to save.

* As told to Fran Healy

Spain drain

CONVICTED

Lionel Messi Found guilty in 2016 of of using companies in Belize, Britain, Switzerland and Uruguay to avoid paying €4.1m in taxes on income earned from image rights. Sentenced to 21 months in jail and fined more than €2m. But prison sentence has since been replaced by another fine of €252,000.

Javier Mascherano Accepted one-year suspended sentence in January 2016 for tax fraud after found guilty of failing to pay €1.5m in taxes for 2011 and 2012. Unlike Messi he avoided trial by admitting to tax evasion.

Angel di Maria Argentina and Paris Saint-Germain star Angel di Maria was fined and given a 16-month prison sentence for tax fraud during his time at Real Madrid. But he is unlikely to go to prison as is normal in Spain for first offences for non-violent crimes carrying sentence of less than two years.

 

SUSPECTED

Cristiano Ronaldo Real Madrid's star striker, accused of evading €14.7m in taxes, appears in court on Monday. Portuguese star faces four charges of fraud through offshore companies.

Jose Mourinho Manchester United manager accused of evading €3.3m in tax in 2011 and 2012, during time in charge at Real Madrid. But Gestifute, which represents him, says he has already settled matter with Spanish tax authorities.

Samuel Eto'o In November 2016, Spanish prosecutors sought jail sentence of 10 years and fines totalling €18m for Cameroonian, accused of failing to pay €3.9m in taxes during time at Barcelona from 2004 to 2009.

Radamel Falcao Colombian striker Falcao suspected of failing to correctly declare €7.4m of income earned from image rights between 2012 and 2013 while at Atletico Madrid. He has since paid €8.2m to Spanish tax authorities, a sum that includes interest on the original amount.

Jorge Mendes Portuguese super-agent put under official investigation last month by Spanish court investigating alleged tax evasion by Falcao, a client of his. He defended himself, telling closed-door hearing he "never" advised players in tax matters.

Expert advice

“Join in with a group like Cycle Safe Dubai or TrainYAS, where you’ll meet like-minded people and always have support on hand.”

Stewart Howison, co-founder of Cycle Safe Dubai and owner of Revolution Cycles

“When you sweat a lot, you lose a lot of salt and other electrolytes from your body. If your electrolytes drop enough, you will be at risk of cramping. To prevent salt deficiency, simply add an electrolyte mix to your water.”

Cornelia Gloor, head of RAK Hospital’s Rehabilitation and Physiotherapy Centre 

“Don’t make the mistake of thinking you can ride as fast or as far during the summer as you do in cooler weather. The heat will make you expend more energy to maintain a speed that might normally be comfortable, so pace yourself when riding during the hotter parts of the day.”

Chandrashekar Nandi, physiotherapist at Burjeel Hospital in Dubai
 

The Settlers

Director: Louis Theroux

Starring: Daniella Weiss, Ari Abramowitz

Rating: 5/5