Pocketful of Dirhams: How to set long-term financial goals


  • English
  • Arabic

There are many reasons why we should have long-term financial goals – but perhaps the biggest is to ensure that we have a security net during our golden years.

Working out what we want to achieve financially in our lives can be a struggle for some.

Sure, there are the usual goals that many of us may aspire to – saving for a home and our children’s education, for instance.

But what if your goals are different and you don’t want the responsibility of owning a home, or maybe you'd like to join the FIRE movement (Financial Independence, Retire Early) and stop working at 40 – or even younger?

Host Felicity Glover talks to Vijay Valecha, chief investment officer at Century Financial, about setting financial goals and how to get started.

Produced by Doaa Farid and Arthur Eddyson

Listen to the previous episode on gold's outlook for the year:

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Brief scores:

Juventus 3

Dybala 6', Bonucci 17', Ronaldo 63'

Frosinone 0

UAE currency: the story behind the money in your pockets
Aldar Properties Abu Dhabi T10

*November 15 to November 24

*Venue: Zayed Cricket Stadium, Abu Dhabi

*Tickets: Start at Dh10, from ttensports.com

*TV: Ten Sports

*Streaming: Jio Live

*2017 winners: Kerala Kings

*2018 winners: Northern Warriors

Four motivational quotes from Alicia's Dubai talk

“The only thing we need is to know that we have faith. Faith and hope in our own dreams. The belief that, when we keep going we’re going to find our way. That’s all we got.”

“Sometimes we try so hard to keep things inside. We try so hard to pretend it’s not really bothering us. In some ways, that hurts us more. You don’t realise how dishonest you are with yourself sometimes, but I realised that if I spoke it, I could let it go.”

“One good thing is to know you’re not the only one going through it. You’re not the only one trying to find your way, trying to find yourself, trying to find amazing energy, trying to find a light. Show all of yourself. Show every nuance. All of your magic. All of your colours. Be true to that. You can be unafraid.”

“It’s time to stop holding back. It’s time to do it on your terms. It’s time to shine in the most unbelievable way. It’s time to let go of negativity and find your tribe, find those people that lift you up, because everybody else is just in your way.”

Updated: August 07, 2023, 9:29 AM
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