Generous Emiratis also need to save for those rainy days - The National

Another month has passed and neither I nor my friends have won the monthly Dh1 million (US$272,500) draw from one of the leading UAE banks.

However, the thrill of waiting for the announcement of the winner's name at the beginning of every month is exciting enough. It is nice to see that many of the draw winners were Emiratis, which proves that they are saving more than they have in the past.

As Emiratis, we are not exactly the number one savers in the world. We are generous and love the finer things in life, which unfortunately drowns some of us in bank debt.

* username: rupertbu