Pocketful of Dirhams

New insolvency law: What it means for you

Helping UAE residents resolve their chronic debt issues has been a mission of The National since it launched The Debt Panel in April 2016.  Since then we have received hundreds if not thousands of letters with about 200 people receiving constructive advice from our panel of six personal finance experts.

In November 2019 it was announced that a new personal insolvency law, which comes into effect in January 2020 would help people with debt. The new law will help borrowers struggling to make repayments resolve their financial difficulties without the fear of persecution.

Host Alice Haine, the personal finance editor of The National, is joined by Rory Reynolds, The National’s news editor and Matthew Dyson, an associate at law firm Pinsent Masons to explain more about the law.

In this episode:
Intro (0m 04s)
What is the insolvency law? (1m 06s)
How the insolvency law works (7m 07s)
Listener's question (14m 08s)
Success story (18m 34s)

How to get your finances in order

A new year is always a good way to make a fresh start, whether it is losing weight, getting fit or finding a new job. But one area of our lives that always needs attention at the start of new year is our finances.

However, resolutions can be notoriously difficult to keep, particularly money ones, which is why we are going to consider the money goals you can make that not only last the month of January but also the whole year.

Host Alice Haine, the personal finance editor of The National and co-host Gillian Duncan, a national reporter from the news team discuss the five step process to getting your finances in order for the new year. Also joining Alice is Zach Holz, is a personal finance blogger and teacher and the man behind the blog The Happiest Teacher, which documents his journey towards financial independence. Zach is also a columnist for The National.

Pocketful of dirhams trailer

A new podcast from The National which tackles all your personal finance concerns.