From Supermarket Cashier Earnings of Dh1,500 to Entrepreneur Income of Dh48,000 in Dubai
Meenakshi Tejwani: From Supermarket Cashier to Mortgage Consultancy Founder
Meenakshi Tejwani, a resident of Bur Dubai, began her professional journey in India, working in a car showroom where she earned 3,000 Indian rupees a month. However, her life took a significant turn when she moved to Dubai in 2012, seeking new opportunities.
Her first job in Dubai was as a supermarket cashier at Choithrams, where she earned a salary of Dh1,200 (approximately $326.80) per month. Despite the lower pay compared to her Indian job, Meenakshi was disciplined about saving and managed to build a solid financial foundation.
After nearly two and a half years, she was promoted to customer service supervisor and later transitioned to other roles. Her hard work and dedication paid off, leading her to entrepreneurship. Today, she is the founder and managing director of Alpha Mortgage, a Dubai-based mortgage consultancy.
Meenakshi's financial acumen is rooted in the lessons she learned from her family, who instilled in her the importance of having a source of passive income for the future. This philosophy has guided her throughout her career, leading her to invest mainly in real estate in India and Dubai, and buying gold coins every six months.
Despite her success, Meenakshi does not shy away from her humble beginnings. She did not inherit any money and built her wealth through hard work and smart financial planning. Her major monthly expenses include nursery fees, travel, and life and health insurance for her family.
Meenakshi's short-term financial goal is to grow her property portfolio, and she is currently juggling a mortgage and a car loan. Her idea of financial freedom is the ability to work by choice, not out of compulsion.
In addition to her work at Alpha Mortgage, Meenakshi offers advisory services to SME customers for their business and compliance needs. She is an inspiration to many, proving that with determination and sound financial management, one can achieve financial independence.
[1]: Source: Khaleej Times, 2021 [3]: Source: Gulf News, 2021
- The world news features a compelling analysis of Meenakshi Tejwani's rags-to-riches story, from a supermarket cashier to a mortgage consultancy founder based in UAE.
- In the realm of personal-finance, Meenakshi's financial strategy revolves around investing in real estate and gold coins, a philosophy rooted in lessons from her family.
- Business and finance experts advocate Meenakshi Tejwani's approach to shrewd financial planning, putting emphasis on the importance of passive income and smart investments for the future.
- With Meenakshi at the helm, Alpha Mortgage, a Dubai-based mortgage consultancy, has been making waves in the UAE economy.
- The upcoming video on entrepreneurship spotlights Meenakshi Tejwani's journey from humble beginnings to becoming a successful businesswoman and inspiration to many.
- The world of technology has made it possible for Meenakshi to manage her business and personal finances efficiently, staying updated on the latest trends and investment opportunities.
- The real-estate market in both India and Dubai has been the primary focus of Meenakshi's investment portfolio, in line with her goal of expanding her property portfolio for short-term growth.
- Aside from her mortgage and car loans, Meenakshi Tejwani prioritizes travel, life and health insurance, and nursery fees as her major monthly expenses, striking a balance between work and personal needs.
