Can I afford a house? If you are a young middle-class Pakistani, that question seems almost pointless. The real estate market is so ridiculously overvalued in Pakistan that it seems pointless regurgitating well known truisms. But just to hammer it home one more time: the total value of residential real estate in
At SmartRupee, we look like we are all about long-term planning and savings. We most certainly do emphasise that part of financial planning, but we also acknowledge the undeniable reality: most people have short-term savings needs as well, and nearly everyone needs to have at least some cash saved up for emergencies as well.
If you are employed at a company in Pakistan – and even if you are a younger employee at a government institution – there is a very good chance that you employer offers a provident fund or a gratuity fund, and possibly both. When creating your financial plan, the savings offered in your