Aside from the general complexities surrounding a move abroad, such as applying for visas and looking for work as an expat, personal finance is one of the most common areas of confusion.
Financial literacy, which refers to the knowledge of finances and the ability to make sound financial decisions, is a skill that all expats (and, in fact, all people) need. Globalisation and the increasing number of available financial products—and their fine print—can make it easy to fall into financial traps, making life as an expat more difficult and frustrating.
