If you need help with your finances, fill out this short form: https://topc.typeform.com/to/LJCyqNhM Checkout and Buy Sharan Hegde's Best Seller book on Personal Finance: https://amzn.in/d/90Q2ngY In this episode, Sharan sits down with Paritosh Mukhija, a Partner at a global consulting firm in Dubai, IIT Delhi alumnus, and a deeply analytical investor who has spent nearly two decades working and building wealth across countries. Paritosh’s journey spans a small-town upbringing in India, a top IIT rank, an MBA in Europe, and a rapid rise to senior leadership in Dubai’s consulting ecosystem, giving him a rare, lived perspective on global money, careers, and investing. This conversation goes far beyond surface-level finance talk. It explores how money behaves when your income, investments, and lifestyle span different currencies and countries. Paritosh explains why currency depreciation quietly eats away at wealth, why earning more doesn’t always mean getting richer, and how thinking in dollar or dirham terms changes long-term financial outcomes. These are ideas most people realise only after making expensive mistakes. A large part of the discussion dives deep into Dubai real estate, not the hype-driven version, but the math-driven one. Paritosh breaks down why Dubai’s real estate market has grown so sharply, what actually drives demand, and how population growth, timing, and leverage play a role. He explains when real estate creates wealth, when it doesn’t, and how smart investors use rental income, loans, and equity release to compound returns responsibly. What makes this episode powerful is the clarity. Complex ideas like leverage, cash flow, risk, and long-term investing are explained in simple language, backed by real examples and real numbers. There’s no motivation talk, no shortcuts, and no selling, just structured thinking and financial logic. If you want to understand money at a deeper level, avoid years of wrong decisions, and learn how serious investors think about wealth across borders, this episode is absolutely worth watching from start to finish. — Subscribe: The 1% Club: YouTube: https://www.youtube.com/@onepercentclub12 Instagram: https://www.instagram.com/onepercentclub/ LinkedIn: https://www.linkedin.com/school/the-1-clubfws Sharan Hegde: Instagram: https://www.instagram.com/financewithsharan/ LinkedIn: https://www.linkedin.com/in/sharanhegde95/ Twitter/X: https://x.com/financewsharan – Sharan Hegde is a personal finance creator & founder of the 1% Club, simplifying money, markets, and mindset for India’s next generation of wealth builders. – Timeline: 00:00 Precap 01:01 Little background of today's guest 01:35 His House and Backyard tour 02:22 Introducing Paritosh Mukhija, & his crazy journey.. 04:08 Why he did MBA from Spain? 05:16 How much does a Partner Earn? 08:07 How is it like to live in Dubai? 10:33 Paritosh’s Asset Allocation and the “WISER” Framework. 12:19 Why he’s fond of ‘Speculative Assets’ & ETFs? 14:49 Why he AVOIDS Investing in Indian Markets & Real Estate? 19:56 Macro-Economics behind Dubai Real Estate Boom.. 22:46 Dubai Real Estate Investment 101. 32:12 Right way to use Mortgage to buy Properties! 39:52 How Salaried people can enter real estate using Mortgage 45:23 Final Advice & Resources to Learn More!