Why a simple life can protect your finances in uncertain times – The National

Why a simple life can protect your finances in uncertain times – The National

By keeping his financial ties to a minimum, Zach Holz says he can pick up his life and move on at a moment's notice





























Personal finance blogger Zach Holz rents his home in the UAE, has no debts and does not own a car. Getty Images











Like many people around the world, the pandemic has made me feel worried and stressed.



It's often a struggle to sleep at night and I have to work very hard to keep my brain's 'fight or flight' mechanism from overwhelming my ability to think clearly or productively. Of course, sometimes I fail entirely.



Personally, I'm uncertain about the future as where I'll work once my contract in the UAE is up is unclear. I'm also concerned for the health of my family in the US, where Covid-19 still runs rampant, and for my career in general as an international schoolteacher.









I have enough cash to live on for several years without working or touching my investments because I've lived below my means for years.





Zach Holz





Yet I know I am in much better