Wealth inequality is on the rise…
The concept of wealth inequality has been thoroughly explored in the blog “The Truth About Wealth Inequality.” Within that blog, we conveyed that 1% of the rich in the world have owned 45% of global wealth. However, recent situations and changing circumstances have proved that 1% of rich are constantly garnering more wealth, with the […]
6 ways to be smart with your money in 2020
You’re a part of the Crowd Let’s not beat around the bush, 2020 has been a challenging year for most of us. In times like these, it becomes imperative to be smart with the resources we attain, specifically, money. Here are a few habits that one can inhibit to become progressively smarter with cash this year. Don’t start investing The first step […]
A secondary source of income to send home; sustainability
According to the EdArabia update of 2020, expatriates represent approximately 88.52% of the UAE population. This is a pattern seen quite often present-day as globalisation had made it easier for individuals to seek opportunities around the world. A secondary source of income can be a valuable addition for all individuals across borders. If you happen to be an individual […]
Importance of saving
Mr Bocharov’s salons closed on March 28. His wife and four other children were on holiday in Sri Lanka and were unable to return. The story of the importance of saving starts here. “When the salons closed I had no rainy day fund,” said Mr Bocharov. “Thank God there are friends who know my situation […]
Crowdfunding model: is it a perfect tool in a time of crisis?
As known to our platform users, SmartCrowd follows a “crowdfunding model.” Typically, the term crowdfunding is referred to as “the practice of funding a project or venture by raising money from a large number of people who each contribute a relatively small amount, typically via the Internet.” In terms of real estate, the crowdfunding model […]
Dubai authorities’ long-term plans
Dubai authorities are looking into what life may look like in the emirate if Covid-19 is to remain a long-term threat. In a weekly briefing, Dr Amer Sharif, head of Dubai’s Covid-19 Command and Control Centre, said many countries were studying plans for how to “coexist” with the virus if a vaccine were not developed. […]
