Where madness meets reality

income Archive



August 2013



Salary Isn’t Enough… or Is It?

Written by , Posted in Babbles, Experience


There was a hash tag that turned into a national case which turned into a worldwide discussion that the majorities in Saudi Arabia are complaining about their income, and that their salaries aren’t enough for necessities due to inflation and all other affecting factors.

I’m neither an economist nor a specialist who can decide whether salaries are really enough or fairly covering the basic needs. What I’m going to discuss here is what each individual in this society can do to help boost his/her own income, which leads to better financial sustainability.

What I do believe in is that fixing or restructuring the salaries scale won’t be useful or benefit us if we don’t, as individuals and as a nation, understand how to properly manage our finances. Not all of us can afford a financial planner, but with a few simple tips each one of us can be his/her own financial planner.

– Did any one of us enroll in a financial literacy program educating us about our financial rights and how to save a few pennies weekly or monthly to build a better financial foundation for ourselves? There are a lot of CSR initiatives such as Riyali on social networks educating us for free about financial literacy.

– Have you ever planned your income budget and stuck to it?

– How about using your talent or whatever you are good at in earning some extra cash? Relying on a fixed salary is never the answer.

For example:

– Do some freelancing, list yourself as an Arabic/English translator, do some audio filing for an old lady looking to convert her cassettes into a digital library, teach Indians or Mexicans online Arabic or about your culture, or use your office skills in doing some virtual assistant work.

– How about starting a blog and exchanging ads or listing your blog in AdSense or AdChoices and earning extra cash whenever someone visits your blog?

– Advertise for products on your Twitter or Instagram account.

– Resell your old stuff on eBay, Mstaml, or Souq.

– Bake some goods, or pickle some carrots and sell them to your family or friends or over social networks.

– Get a second job; instead of spending time watching sitcoms you can get a second job with a decent paycheck that can help boost your income.

– Stop buying things you don’t need.

– Invest in yourself; have you ever saved some of your current income to enroll in a community program or an online course that will help expand your knowledge and experience to help you advance in your career?

– Buy books that feed your brain instead of fancy coffee and chocolates that feed your tummy.

The idea is not whether the salary is enough or not, it is how we deal with our salaries. We tend to brag and spend more than we earn to gain some sort of fake social respect. This needs to stop! We have to live up to our incomes and set our lifestyle accordingly. We tailor our lifestyle to our incomes not the opposite.