Almost 120 vouchers, each valued at between Dh100 and Dh800, have been distirbuted to the families of inmates at Dubai Correctional and Punitive Institutions to support them during Ramadan. The Mohammed bin Rashid Al Maktoum Charity and Humanitarian Establishment granted the DCPI 70 coupons each worth 800 - a total of Dh 56,000. Dar Al Ber Society handed over 10 coupons worth Dh5,000 and 37 coupons valued at a total of Dh3,700 to help 19 families of Emirati and expat inmates.
How to increase your savings
- Have a plan for your savings.
- Decide on your emergency fund target and once that's achieved, assign your savings to another financial goal such as saving for a house or investing for retirement.
- Decide on a financial goal that is important to you and put your savings to work for you.
- It's important to have a purpose for your savings as it helps to keep you motivated to continue while also reducing the temptation to spend your savings.
- Carol Glynn, founder of Conscious Finance Coaching
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Quick pearls of wisdom
Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”
Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.”