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Art of Personal Finance Workshop at Majlis Al Zaab

 
Art of Personal Finance Workshop

On 23 March 2015 a workshop on the Art of Personal Finance was held by the Nationals’ Defaulted Debts Settlement Fund at the Al Majlis Zaab in Abu Dhabi.

The workshop was presented by financial consultant Salah Al-Halyan, with an introduction by Deputy Minister of Presidential Affairs His Highness Ahmed Juma Al Zaabi.

The event is part of the Fund’s initiative to raise awareness about saving and debt management, as well as to encourage good financial behavior.

His Highness Ahmed Juma Al Zaabi opened the session, introducing attendees to the Fund and its original founding by His Highness Sheikh Khalifa bin Zayed Al Nahyan in order to find solutions and assist those in debt.

Salah Al Halyan’s presentation featured the importance of financial planning on the stages of life including education, employment, marriage, raising a family and buying a property. The significance of living within your means was discussed, including common hurdles to financial success such as debt, inflation and influences of society. The audience was also reminded of the UAE Constitution Article 24 – which encourages nationals to save and co-operate, with real examples given of the power of saving and investment.

Media personality Mr Abdullah Al Zaabi hosted the question and answer session, with the audience querying Salah on various points including family financial life, budgeting methods and ways to invest.

For more information regarding the Nationals’ Defaulted Debt Settlement Fund, visit nddsf.ae

To get in touch with consultant Salah, fill in the contact form at www.baizat.com/en/contact