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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 a Private Wealth Partner focused on cross-border financial structure and jurisdictional risk. His work centres on identifying invisible financial risks created by ownership, governance, and legal architecture rather than market behaviour. He advises internationally mobile individuals and families whose assets, residencies, and obligations span multiple jurisdictions, where conventional investment advice often fails to account for structural exposure.
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