Pocketful of Dirhams
Why this man is on a mission to help others save money

Why this man is on a mission to help others save money

September 28, 2021

If there’s one lesson that the Covid-19 pandemic has taught us, it’s that being financially secure during times of uncertainty is crucial. This includes having a financial safety net to protect against job loss or other unforeseen events, as well as saving and investing for the future. But money skills continue to lag, according to a 2019 financial literacy survey by Visa, which found that 43 per cent of respondents in the UAE felt they were not ready to manage their own money.Another 53 per cent said schools did not prepare them enough to take care of their finances.

And this is where Rolly Brocales is hoping to make a difference. The managing director of restaurant chain Off The Hook is on a mission to help his 90 employees save for their futures by teaching them financial literacy skills. Host Felicity Glover is joined by Mr Brocales, who discusses how he and his partners are helping their team invest and set financial goals.

Hosted by Felicity Glover
Produced by Ayesha Khan and Arthur Eddyson

How gamers are earning cryptocurrency for a living

How gamers are earning cryptocurrency for a living

September 16, 2021
Video game players have discovered a lucrative side hustle – earning cryptocurrency by signing up for play-to-earn games.
One of the most popular play-to-earn games is Axie Infinity, which allows players to accumulate tradable cryptocurrency coins. In fact, it’s become a financial lifeline for many gamers who have lost their jobs in countries such as the Philippines, Brazil and Venezuela.
Built on the Ethereum blockchain, which was founded by Vitalik Buterin, Axie has grown from about 30,000 players in April to a massive 1 million in August alone. But there is an upfront fee for players who have to invest in a team of three Axies at a cost of about $600.
And this is even before you get to try the game out to decide if you like it – or not. Which makes you wonder: is it worth the investment and how easy is it to earn cryptocurrency through the platform?
Host Felicity Glover is joined by Devesh Mamtani, chief market strategist at Century Financial in Dubai, who discusses the pros and cons of play-to-earn video games.
How to break the fear of investing

How to break the fear of investing

September 7, 2021
Building up an emergency fund to ensure you are protected against any financial surprises is one of the golden rules of personal finance.
But once that emergency fund has hit its target of about three to six months’ of your monthly expenses, what should you do with the rest?
While many choose to invest their money to grow their net worth over time, others prefer to sit on their savings – storing it in bank accounts, or worse, under their mattress.
So what causes some people to fear the world of investing? And how can they break that fear and start making their money work for them?
Host Alice Haine is joined by Sam Instone, director of financial advisory firm AES International, who outlines how to get started in the world of investing.