Having the best bank by your side helps you keep track of your personal finances and plan your fiscal future.
Every person is sensitive about their personal financial information. One’s income from a job or business helps one live a comfortable life, and makes the acquisition of important assets possible. However, the more one earns and invests, the closer the look one should give one’s finances. Keeping tabs on inflow and outflow of resources, balancing one’s budgets and also saving money for the future are all important components of personal finance.
What does ‘personal finance’ constitute?
Personal finance comprises individual financial transactions that deal with one savings’ or current account(s) and present an accurate picture of one’s finances. It is also the science of analysing one’s current financial position vis-à-vis one’s immediate and long term goals so as to be able to plan better for the present and the future. All in all, it is a personalised activity that depends on one’s current income and projected savings, investments, income from other sources, etc.
Studying one’s monthly cash flows and savings status, filing tax returns and paying taxes within date, planning for the immediate present and also retirement and buying insurance are all part of personal finance strategies.
Your bank, your partner in personal finance
You can keep better check of your personal finances if you have a trusted bank to partner with you. Your bank can help maintain the paperwork that you would ordinarily need to maintain by yourself: this makes it easier for you to study your account statements, effect transfers where necessary and avail of easy financing options (such as personal loans, for example), etc. Your bank also alerts you every time there is a change in your account balance, so you are constantly aware of the level of your resources.
What your bank should offer in personal finance services:
Every person is sensitive about their personal financial information. One’s income from a job or business helps one live a comfortable life, and makes the acquisition of important assets possible. However, the more one earns and invests, the closer the look one should give one’s finances. Keeping tabs on inflow and outflow of resources, balancing one’s budgets and also saving money for the future are all important components of personal finance.
What does ‘personal finance’ constitute?
Personal finance comprises individual financial transactions that deal with one savings’ or current account(s) and present an accurate picture of one’s finances. It is also the science of analysing one’s current financial position vis-à-vis one’s immediate and long term goals so as to be able to plan better for the present and the future. All in all, it is a personalised activity that depends on one’s current income and projected savings, investments, income from other sources, etc.
Studying one’s monthly cash flows and savings status, filing tax returns and paying taxes within date, planning for the immediate present and also retirement and buying insurance are all part of personal finance strategies.
Your bank, your partner in personal finance
You can keep better check of your personal finances if you have a trusted bank to partner with you. Your bank can help maintain the paperwork that you would ordinarily need to maintain by yourself: this makes it easier for you to study your account statements, effect transfers where necessary and avail of easy financing options (such as personal loans, for example), etc. Your bank also alerts you every time there is a change in your account balance, so you are constantly aware of the level of your resources.
What your bank should offer in personal finance services:
- Finance for both salaried and self-employed customers.
- Finance for both UAE nationals and expatriates.
- Quick approvals at minimum time turnaround and less paperwork
- Preapproved personal loans and credit cards
- Low processing fees
- Takaful certificate and insurance cover