Anne Jackson, founder and chief executive of One Life Coaching, developed an abundance mindset from her childhood experience with money. Pawan Singh / The National
Anne Jackson, founder and chief executive of One Life Coaching, developed an abundance mindset from her childhood experience with money. Pawan Singh / The National
Anne Jackson, founder and chief executive of One Life Coaching, developed an abundance mindset from her childhood experience with money. Pawan Singh / The National
Anne Jackson, founder and chief executive of One Life Coaching, developed an abundance mindset from her childhood experience with money. Pawan Singh / The National

Money & Me: ‘I grew my wealth by leaving a salaried job’


Deepthi Nair
  • English
  • Arabic

Anne Jackson, founder and chief executive of One Life Coaching, believes that leaving a salaried job and establishing her own business has helped her become wiser with money and to grow her wealth.

The Briton, who has Brazilian-Portuguese lineage, is a therapist and life coach with more than 14 years of experience in the UAE.

Ms Jackson, 54, works with individuals facing mental health challenges such as anxiety, depression, addiction, abuse and trauma. She also offers couples therapy, and coaching for divorce, co-parenting and positive parenting.

She has lived in the UAE for 25 years and holds a degree in international marketing with psychology and a postgraduate degree in education.

She is accredited for psychotherapy approaches including cognitive behavioural therapy (CBT), trauma-focused CBT and compassion-focused therapy.

Ms Jackson worked in advertising for five years, then retrained as a secondary schoolteacher, before leaving full-time teaching in 2014 to become a life coach and therapist.

She has lived in Bur Dubai, The Gardens in Jebel Ali, and bought a house off-plan in Jumeirah Village Circle, Dubai, that she moved into 14 years ago.

Her children are 21 and 18, with her son at university in London and daughter set to go to Cardiff.

Did wealth feature in your childhood? What did you learn from it?

One minute, we were really rich and surrounded by money. I lived in the Barbican, which is a posh place in central London, and my dad worked at the embassy. Then we were living in a studio apartment in a poor area in Rio de Janeiro, Brazil. There were four of us and four dogs.

I never asked my dad why, but it was like we alternated between having money and not having it. That's how I grew up. Rather than having a fear of not having money, I've always had this mentality that money comes and goes, and you will always have it when you need it.

My children laugh at me because they tell me that money doesn't grow on trees. But I believe it will just turn up when it needs to turn up. I have a mentality of abundance from my experience with money.

How did you first earn? What did your first job pay?

I've always needed to work in something I love doing. I found it hard to work somewhere that I didn’t like. My first job was two weeks in a coffee shop with a Spanish family who were good friends, but I didn’t like it.

My real first job was with the C&A clothes store when I was 15. Although I was the cashier, I got to tidy clothes all day long and loved it. It was well paid back then in 1985, like £4.20 ($5.60) an hour, which is something like Dh20 an hour.

Anne Jackson says it was a wise decision to buy a house in Dubai in 2005. Pawan Singh / The National
Anne Jackson says it was a wise decision to buy a house in Dubai in 2005. Pawan Singh / The National

When I was at university, I had a job with an assistance company. I was chosen because I speak five languages. When people go abroad and take medical insurance, if they end up in the hospital and can't speak the language, I would speak to the doctor, find out what's wrong and translate it for them. It was good to help people who were stranded. You had to organise air ambulances to bring them back or organise car hires when their car broke down.

Any early financial jolts?

I wasn't very money-savvy early on. It's taken me a few years to think about money. What my childhood taught me was that money comes and goes. So, I never thought about it.

I either had money or didn't have it. If I didn't have it, I couldn't do what I wanted. And if I had it, I could do what I wanted. I just went with the flow.

How do you grow your wealth?

I had three careers. My first career was in advertising and was well-paid. I decided that I needed to help people more, so I switched to teaching. When you become a teacher, you lose quite a lot of wealth because my salary diminished, but I loved what I did.

Then I decided it's time to be a therapist because I realised I wasn’t helping people enough by being a teacher. My third career is my favourite.

Then I decided to be an entrepreneur and start my own business. That’s when I realised that I'm now in charge of making my own wealth. So, growing my wealth has been very much about leaving a salaried job and going into having my own business and growing it that way.

Are you a spender or a saver?

I save a bit and I'm not a huge spender. What's important to me is financial freedom, so that you have enough money to do the things you want in life.

I'm not really into buying things for the status. If they give me pleasure, I want them. I like experiences and going on holiday with my children. I do like buying a nice pair of shoes, but that’s not my whole thing.

Money is important. I know the life that I want, know how much it is going to cost and how much I need to save for it.

My 14-year-old Hummer is a cherished purchase because I used to take my children on their school run in it
Anne Jackson,
founder and chief executive, One Life Coaching

Have you been wise with money?

While I was a salaried person, I was probably not wise with money. My decision to buy my house here in 2005 was very wise. I bought it off-plan.

Investing in my company is also a wise decision. It's only when I became an entrepreneur and was in charge of making money, saving and spending it, it became more relevant to me and that's when I became wise with money.

What has been your best investment?

My house, business and my children. Their education is a great investment.

Any cherished purchases?

My house and my 14-year-old Hummer. It's still running. It's cherished because I used to take my children on their school run in it.

All our big family conversations have happened in that car, so it’s part of the family. But I'm about to buy a new car because I think it's time.

Any financial advice for your younger self?

Take the courage to become an entrepreneur earlier. Be in charge of your own money and believe that you can earn your own money earlier than I did.

I didn't do it for that reason, but that's what transpired from doing it. I have the ability to make a lot more money than what somebody is going to pay me a salary for.

Any key financial goals?

I aspire to achieve financial freedom. Because of my job as a psychotherapist and life coach, I talk to people about their career and relationship with money. A lot of the time, we have a fearful relationship with money.

I think it’s important to have a relationship with money, it’s more important than any financial goal. Once you have that relationship with money, know what your idea of financial freedom is, know what it is you want to do with money.

I want to buy more property. I'm looking to have properties in Portugal and the UK. That’s what I'm aspiring to.

What luxuries are important to you?

Travel is very important to me. Like everybody else, I like the odd new bag, a new pair of shoes, and cars.

How do you feel about money?

My relationship with money is a happy one. I trust it. I know money will turn up when I need it.

A lot of people say that too much money will ruin people. It's not the money, it's other factors around it.

EA Sports FC 26

Publisher: EA Sports

Consoles: PC, PlayStation 4/5, Xbox Series X/S

Rating: 3/5

Silent Hill f

Publisher: Konami

Platforms: PlayStation 5, Xbox Series X/S, PC

Rating: 4.5/5

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Singham Again

Director: Rohit Shetty

Stars: Ajay Devgn, Kareena Kapoor Khan, Ranveer Singh, Akshay Kumar, Tiger Shroff, Deepika Padukone

Rating: 3/5

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Part three: an affection for classic cars lives on

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

Barcelona 3
Messi (27’, 32’, 87’)

Leganes 1
El Zhar (68’)

Poacher
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How to avoid crypto fraud
  • Use unique usernames and passwords while enabling multi-factor authentication.
  • Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
  • Avoid suspicious social media ads promoting fraudulent schemes.
  • Only invest in crypto projects that you fully understand.
  • Critically assess whether a project’s promises or returns seem too good to be true.
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  • Store funds in hardware wallets as opposed to online exchanges.
About Okadoc

Date started: Okadoc, 2018

Founder/CEO: Fodhil Benturquia

Based: Dubai, UAE

Sector: Healthcare

Size: (employees/revenue) 40 staff; undisclosed revenues recording “double-digit” monthly growth

Funding stage: Series B fundraising round to conclude in February

Investors: Undisclosed

CHATGPT%20ENTERPRISE%20FEATURES
%3Cp%3E%E2%80%A2%20Enterprise-grade%20security%20and%20privacy%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Unlimited%20higher-speed%20GPT-4%20access%20with%20no%20caps%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Longer%20context%20windows%20for%20processing%20longer%20inputs%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Advanced%20data%20analysis%20capabilities%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Customisation%20options%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Shareable%20chat%20templates%20that%20companies%20can%20use%20to%20collaborate%20and%20build%20common%20workflows%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Analytics%20dashboard%20for%20usage%20insights%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Free%20credits%20to%20use%20OpenAI%20APIs%20to%20extend%20OpenAI%20into%20a%20fully-custom%20solution%20for%20enterprises%3C%2Fp%3E%0A
COMPANY PROFILE
Name: Airev
Started: September 2023
Founder: Muhammad Khalid
Based: Abu Dhabi
Sector: Generative AI
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
 
UAE currency: the story behind the money in your pockets
COMPANY PROFILE
Name: Akeed

Based: Muscat

Launch year: 2018

Number of employees: 40

Sector: Online food delivery

Funding: Raised $3.2m since inception 

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

BMW M5 specs

Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor

Power: 727hp

Torque: 1,000Nm

Transmission: 8-speed auto

Fuel consumption: 10.6L/100km

On sale: Now

Price: From Dh650,000

Moonfall

Director: Rolan Emmerich

Stars: Patrick Wilson, Halle Berry

Rating: 3/5

How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
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Starring: Bdoor Mohammad, Jasem Alkharraz, Iman Tarik, Sarah Taibah

Director: Majid Al Ansari

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Specs

Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
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What the law says

Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.

“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.

“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”

If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.

THE BIO

Favourite book: ‘Purpose Driven Life’ by Rick Warren

Favourite travel destination: Switzerland

Hobbies: Travelling and following motivational speeches and speakers

Favourite place in UAE: Dubai Museum

UAE currency: the story behind the money in your pockets
The 12 breakaway clubs

England

Arsenal, Chelsea, Liverpool, Manchester City, Manchester United, Tottenham Hotspur

Italy
AC Milan, Inter Milan, Juventus

Spain
Atletico Madrid, Barcelona, Real Madrid

THE DETAILS

Deadpool 2

Dir: David Leitch

Starring: Ryan Reynolds, Josh Brolin, Justin Dennison, Zazie Beetz

Four stars

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No more lice

Defining head lice

Pediculus humanus capitis are tiny wingless insects that feed on blood from the human scalp. The adult head louse is up to 3mm long, has six legs, and is tan to greyish-white in colour. The female lives up to four weeks and, once mature, can lay up to 10 eggs per day. These tiny nits firmly attach to the base of the hair shaft, get incubated by body heat and hatch in eight days or so.

Identifying lice

Lice can be identified by itching or a tickling sensation of something moving within the hair. One can confirm that a person has lice by looking closely through the hair and scalp for nits, nymphs or lice. Head lice are most frequently located behind the ears and near the neckline.

Treating lice at home

Head lice must be treated as soon as they are spotted. Start by checking everyone in the family for them, then follow these steps. Remove and wash all clothing and bedding with hot water. Apply medicine according to the label instructions. If some live lice are still found eight to 12 hours after treatment, but are moving more slowly than before, do not re-treat. Comb dead and remaining live lice out of the hair using a fine-toothed comb.
After the initial treatment, check for, comb and remove nits and lice from hair every two to three days. Soak combs and brushes in hot water for 10 minutes.Vacuum the floor and furniture, particularly where the infested person sat or lay.

Courtesy Dr Vishal Rajmal Mehta, specialist paediatrics, RAK Hospital

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

Dr Afridi's warning signs of digital addiction

Spending an excessive amount of time on the phone.

Neglecting personal, social, or academic responsibilities.

Losing interest in other activities or hobbies that were once enjoyed.

Having withdrawal symptoms like feeling anxious, restless, or upset when the technology is not available.

Experiencing sleep disturbances or changes in sleep patterns.

What are the guidelines?

Under 18 months: Avoid screen time altogether, except for video chatting with family.

Aged 18-24 months: If screens are introduced, it should be high-quality content watched with a caregiver to help the child understand what they are seeing.

Aged 2-5 years: Limit to one-hour per day of high-quality programming, with co-viewing whenever possible.

Aged 6-12 years: Set consistent limits on screen time to ensure it does not interfere with sleep, physical activity, or social interactions.

Teenagers: Encourage a balanced approach – screens should not replace sleep, exercise, or face-to-face socialisation.

Source: American Paediatric Association
Updated: September 13, 2024, 6:02 PM