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Nothing left of your Cyprus salary?

Cyprus Mail · 2026-10-07

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• What happened: Nothing left of your Cyprus salary? Even when your salary goes up, you may still reach the end of the month with nothing left to save. In this Money Doctor video, Professor Panayiotis C. Andreou explains why saving what remains after spending so often fails. He shows how an automatic transfer on payday can help you bui... • Why it matters: This update may be relevant for Cyprus residents, visitors, businesses or policymakers. • What to watch next: Follow CyprusDailyLife for updates.

Even when your salary goes up, you may still reach the end of the month with nothing left to save. In this Money Doctor video, Professor Panayiotis C. Andreou explains why saving what remains after spending so often fails. He shows how an automatic transfer on payday can help you build savings, and where to look for money in your budget when there seems to be nothing spare. In the Money Doctor series, Professor of Finance Panayiotis C. Andreou tackles the financial questions, habits and decisions that affect everyday life in Cyprus. Practical, accessible and without unnecessary jargon, Money Doctor is designed to help you understand your money – before an expensive mistake does it for you. Dr Panayiotis C. Andreou, ‘The Money Doctor’, is Professor of Finance at the Cyprus University of Technology, President of the Financial Wellbeing Institute, and creator of the Money Doctor® financial education platform. He also serves on the Scientific Advisory Committee of the Cyprus Financial Literacy and Education Committee. His work focuses on financial literacy, financial wellbeing and the way knowledge, habits and behaviour shape everyday financial decisions. Through Money Doctor®, he aims to make evidence-informed financial knowledge accessible and practical, helping people better understand their money and make more informed decisions. The Money Doctor series | Hosted within Cyprus Mail’s Financial Literacy initiative, which is supported by XM. Money Doctor Home

Source: Cyprus Mail
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