Abstract: Migrant workers in Dubai are finding it difficult to manage their finances. Most of them lack sufficient knowledge when it comes to managing their finances, particularly in aspects such as saving and investing. This study seeks to establish the relationship between the amount of financial knowledge these workers possess and their saving and investment choices.

The research examines to what extent they know about simple financial ideas such as budgeting and investment. It also investigates how they decide to save and invest their earnings. By examining this subject, the aim is to enable migrant workers to have greater access to financial education.

The survey indicated that the majority of migrant workers lack sufficient knowledge regarding banking and investment. They require assistance in knowing how to save and what investments are possible for them. The majority of them have a practice of remitting money back home, but that is not saving. On top of that, there is a clear gap in their knowledge about how to select the appropriate investment opportunities. There is a genuine need for trustworthy information regarding banking services and appropriate means of investing.

To remedy this, businesses hiring migrant workers should be the ones to provide them with financial education initiatives. Such programs must utilize straightforward tools and resources, ideally in the employee’s home languages which will help them understand the fundamentals of saving, budgeting, and investing. By doing so, it can actually assist them in having better finances and a general improved quality of life.

Keywords: Financial Literacy, Migrant Laborers, Savings Behaviour, Investment Decisions, Dubai, Financial Education

| DOI: 10.17148/IARJSET.2025.12415