WATCH THOSE COSTS - DON’T LET THEM PILE UP: From credit card bills to loan and mortgage payments, UAE residents will find that their monthly outgo is adding up to quite an amount. More substantial than anything they have experienced in the last two years, even longer. Add in the fuel bills, and one needs to balance all those expenses adroitly. Because this is not going to be a one-off; in the last two months, there have been two increases in rates and more are on their way, courtesy of the US Federal Reserve’s decisions to try and tame the inflation genie. Not just governments and businesses, individuals everywhere have to keep balancing those books. Don’t let up in this exercise. [COMMENT BY: Manoj Nair, Business Editor]
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