High income won’t build wealth if your mindset blocks it. Max Gerstein explains why lifestyle creep keeps expats broke and how to turn raises into real growth.
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In this episode of our Suitcase to Settlement series, Beth Ward sits down with Max Gerstein, a financial adviser at Skybound Wealth Management, to tackle one of the most common dilemmas facing high-earning expats: earning well, but saving poorly.
For many expats, higher earnings can bring the temptation of a more luxurious lifestyle. But without proper planning, it’s easy to fall into the trap of spending instead of saving. In this episode, Max shares valuable insights on how to avoid this pitfall and create a strategy that turns high income into long-term financial security.
While earning more may feel like a win, it can sometimes lead to spending more. Max explains how this is a common trap for expats, and how small shifts in financial habits can make all the difference when it comes to long-term security.
Don’t let your lifestyle get in the way of your wealth building. Learn how to balance your current lifestyle with the need to save for the future, and how making smarter decisions today can result in peace of mind tomorrow.

Max Gerstein is an award-winning financial adviser with a proven track record of guiding international clients toward long-term financial security and growth. With extensive experience across major financial hubs including Geneva and Dubai, Max brings a deep understanding of global wealth strategies and cross-border financial planning.