Monitoring my Progress

I read Kuwaiti Women’s blog and her last post really inspired me to write how I started saving Dinars few years back….

It all started in 2001 when I came back from London and got into relationship in 2002. I left my dad’s business and wanted to work as I knew me and her couldn’t get married here and we decided to runaway when the right time comes. I didn’t want to get the blame tomorrow from my parents that we did all this for you and this is what you gave us. So I moved apart not only from the business but even from my parents. I was so deep into my relationship at that time that all I cared was how much I could save to make our life’s better after we get married.

I started my career as a school teacher which I changed later and that time half of my salary used to go in phone bills (KD 150 – KD 200). Saving KD 50 from my savings every month was hard but I still used to try my best to do it. This is when I was 22, a time when any guy like me would be enjoying the pleasures of life but I was too busy saving few KD’s every month hoping for a better future. We were so innocent that we planned that even if we have KD 2000 as savings that could be more than enough to get married. Our parents brought us up in such a way that we never realized how less we had. But hearing past stories we thought we were in better hands. That KD50 saving soon reached to KD 900 and with every increase you feel you want to save more. Its like when it reaches KD900 you want it to reach KD1000 and when it reaches KD2600 you want it to be KD3000. The urge just never stops.

She kept on delaying the dates and I kept on saving and saving thinking one day we have to go so let’s save. With more in my account every month you then plan for mehr or dowry (KD5000 min).I did a few wrong investments like trusting a few bad Kuwaiti lawyers who took money for bad advises (GOD forgive them) for being cheaters and investing in KSE where I lost a big chunk of my savings. But I learned a hard lesson that its better that you have KD10 in your account and add KD 1 to it every month then you invest it at a place where you have little or no experience and then loosing that too.

I kept on telling her that I am saving this much every month and my target is this by the end of the year. I didn’t wake up from this saving thing till she left me without a closure without a bye a few months back. It was the time when my dad finally handed me over his business and planned for his retirement.

What was I left at the end with? KD 40000+ of savings and business which did mean a lot to me then but nothing to me now……

And as I have really worked hard to save every Dinar in this last 5 years. I would say save enough so you don’t have to spread your hands tomorrow in emergency. Invest carefully in Kuwait unless you have a lot of backup incase your investments go in minus and you have enough to support you then. Fixed depositing in banks is not the best thing as you get less returns but at least they are fixed or if it’s an Islamic Bank which I deal with they dont have fixed returns as it depends on their profits. I always say after the past experiences that less is better than losing it all.

El7emdella 3ala kelshy!!