18/05/2026
Teaching Israeli family finanical advisers about the nuances of advising Olim
As you know, I live in the English speaking finance world here, I was one of the first and few English speakers who did all the qualifications and am a member of the professional unions.
So today, I was asked to speak to share a bit about the English speaking Oleh world.
A few observations from the questions:
Many of them had NO clue why people come to Israel, isn’t it just hard here? I found that very sad.
I said that many parts of the financial system here are smarter, than abroad. But abroad looks better because a house has a garden a red roof its easier there and can look picture perfect, but the average Israeli often has more stability and net worth.
Overdraft is an issue here, not recommended but it’s actually more limited than credit card debt in the US.
If they do work with new olim, I suggested they have more compassion and take into account the Olim have made huge changes sometimes sacrifices to be here, there is a learning curve to understand how to budget and build up financially.
Our life is meaningful and good here, our future as the Jewish nation is here, lets help more people come and succeed.
