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Questions tagged [pakistan]

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0 votes
0 answers
112 views

Spending Money Before Taxes

So I had a query and was wondering if you could help me out. I was about to get a substantial sum of money from somewhere which would definitely be taxed by authorities however I would rather invest ...
Optimistic Investor's user avatar
0 votes
1 answer
4k views

Want to bring inheritance Money from Pakistan to UK?

What are the taxes? or other Uk Gov-related rules that we need to keep in mind in order to bring inherited money from Pakistan to the UK? My Grandfather passed away and left an inheritance for his ...
xack's user avatar
  • 1
0 votes
4 answers
430 views

Stuck in a debt of 3 credit cards

I have 3 credit card and I have utilized the funds of these cards 100%. Now I need to pay back the amount to bank. I am from Pakistan and the currency is PKR. Here is the stats: Card 1 - 4.5K (cash ...
user avatar
1 vote
2 answers
198 views

What to do when a good job offer is made with good salary but we are confused about salary?

Last week I got a job offer from the place where I was interviewed for a position as civil engineer. I have been informed that I will receive a monthly salary of RS 50,000. I will have not have to ...
zupash malik's user avatar
2 votes
2 answers
206 views

Should we keep our savings in several different accounts?

I read a story about a bank's closure and its assets being seized, depositors losing their money. I want to ask if one should be keeping his money divided into several different banks instead of one ...
user avatar
2 votes
1 answer
246 views

Can US based client of my brother transfer me his pay and I pay my brother the equivalent in cash?

My brother works in field of Digital Marketing at Pakistan. His clients are mostly in United States. His clients normally pay him via wire transfer which works fine but some money gets deducted from ...
Uthman's user avatar
  • 135
0 votes
2 answers
62 views

GBP salary figure quoted but paid at open market rate in local Rs in Pakistan bank account

GBP salary figure quoted but paid at open market rate in local Rs in Pakistan bank account. Do I lose out when considering my salary initial figure quoed in GBP but then received in Rs local currency ...
Isabella Entwistle's user avatar
5 votes
6 answers
3k views

Is it better to use cash when cards offer discounts

I am new to budgeting and managing my own finances and have a simple question. Is it better to use cash when credit or debit cards offers discounts. The city I live in, some shops and services offer ...
Shaheer's user avatar
  • 161
2 votes
2 answers
233 views

Retirement savings vs building lucrative assets

I am 27. I wanted to start a retirement savings account but my father explained that there would be much more profit if instead of a retirement account, I focus on making investments and building ...
user avatar
2 votes
1 answer
52 views

Personal finance in EFU and NAFA

I have invested in management growth fund from EFU and National bank NAFA. I want to know why my investment has shown a loss during the last 4 to 5 months. I experienced monthly loss of 140,000.00. ...
nadeem badar's user avatar
1 vote
2 answers
236 views

Should retirement fund be equal to amount of money needed for financial independence?

Retirement funds aren't very common in Pakistan but I got interested in them reading question and answers on this forum. I want to know ideally how much should a person save for retirement funds? I ...
user avatar
1 vote
3 answers
5k views

Can we open a bank account in GBP in Pakistan?

Can we open a bank account in GBP in Pakistan, I am thinking about taking 14K in GBP with me to Pakistan while flying there. I would like to buy a house for one of my relatives but if my plan changed ...
user2262511's user avatar
0 votes
4 answers
234 views

How can I raise finance to build a home for my family

I live in Pakistan. I am a software engineer with 3 years of experience, I am currently living in the house which can collapse any moment with my family in it. Recently I started looking for a home ...
Anfal's user avatar
  • 109
2 votes
3 answers
336 views

Using property to achieve financial independence

I am working towards financial independence. The most impressive rate of returns in Pakistan have been in buying property; It provides a greater return than inflation. The property could be rented ...
user avatar
1 vote
3 answers
186 views

How can I decide whether do a masters even if I have go into debt after doing it?

I have an undergrad from a reputable university. I am doing well. My friends from University are pursuing more education from other countries. I have two options, Quit my day job and start doing a ...
user avatar

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