My Dubai Salary: ‘I earn up to Dh30,000 a month from investments and side hustles’
Wali Khan, a 44-year-old Pakistani who lives in Sharjah’s Al Taawun area, works as a telecoms engineer and dabbles in content creation as a side hustle. He started making videos on personal finance on his YouTube channels in 2020 and monetises them through sponsorships, advertisements, referrals and Amazon affiliates. It is a lot of hard work, but his passion for personal finance and a better lifestyle keeps him motivated. Mr Khan, originally from Karachi, lives with his wife and three children and is careful with debt, claiming to have saved more than Dh100,000 ($27,229) in the form of cashback from credit cards over the past 15 years. He has also invested in stocks, exchange-traded funds, property, and fixed deposits and has been living in the UAE for 15 years. Mr Khan completed his electrical engineering degree in Pakistan and pursued a master’s degree in data communication in the UK before working in Pakistan for six years and eventually moving to the UAE. My first job at the age of 24 paid 16,000 Pakistani rupees ($57.5) a month in 2004. I was a telecoms engineer working for a multinational telecoms operator. For the first year, I hopped between three jobs before settling with Motorola in 2005. In 2009, I came to Dubai. By the time I left Pakistan, my monthly salary had reached 170,000 rupees. During my time in Karachi, I considered relocating to Islamabad as an alternative option. However, the job opportunity in Dubai presented more attractive benefits, ultimately influencing my decision. In 2009, I moved to Dubai with Motorola on a monthly salary of Dh20,000 and continued with the company until 2013 when it was acquired by Nokia Siemens Networks. In 2014, I was offered the opportunity to relocate to Qatar by Nokia Siemens. After a year, I was presented with a position as a telecoms consultant in Dubai, prompting my decision to return to the region. Since 2018, I have been working as an engineering manager for a telecoms company. I have been engaged in side hustles for a long time alongside my full-time job without breaching any rules. I am into content creation. When pursuing a side hustle, there may come a time when you must decide between your full-time job and your side hustle due to scalability limitations. In the realm of content creation, the evolution of my skills is evident. For example, three years ago, it would take me two to three days to produce a video. Now, I can craft a video of similar or even superior quality in just one hour. The scalability in content creation is truly remarkable. Amid the challenges of the Covid-19 pandemic, I found myself with some spare time. This led me to create videos discussing personal finance and productivity on my YouTube channel, which now boasts an impressive 61,000 subscribers. This content struck a chord with many individuals, as there is a noticeable lack of such material in this region, and in Pakistan. For More Details Click HereWhat was your first job and salary?
What are your side hustles and how much do you earn from them?
