Shahid Mehmood, FCA

A Financial Consultant and Auditor with more than 25 years experience.

Currently working as Partner in MGI - Ilyas Saeed & Co., a member firm of MGI Worldwide, a network of independent accounting, auditing, tax, and consulting firms worldwide.

10/02/2026

On visit - Riyadh- KSA

10/01/2026

RICH DAD POOR DAD

🧠 Mindset
• Don’t work for money → make money work for you
• Financial education > academic education
• Ask “How can I afford it?” instead of “I can’t afford it”

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💰 Assets vs. Liabilities
• Assets = put money in your pocket
• Businesses
• Rental property
• Stocks / bonds
• Intellectual property
• Liabilities = take money out
• Personal home (often)
• Cars
• Consumer debt
• Rich buy assets first

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💵 Types of Income
1. Earned income → Salary
2. Portfolio income → Stocks, dividends
3. Passive income → Business, real estate
👉 Wealth comes from portfolio & passive income

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😨 Emotions & Money
• Fear and greed control most people
• Fear of losing → greed when winning
• Rich people control emotions, not react

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🏢 Taxes & Corporations
• Rich use corporations legally to reduce taxes
• Rich flow: Earn → Invest → Expenses → Taxes
• Poor flow: Earn → Taxes → Expenses
• Corporations = tax benefits + asset protection

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📚 Work to Learn
• Work to gain skills, not just salary
• Key skills:
• Sales
• Marketing
• Accounting
• Investing
• More skills = more freedom

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⚠️ Risk & Failure
• Failure is part of success
• Fear of loss keeps people poor
• Rich take calculated risks

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🧍 Personal Responsibility
• Blaming others = no control
• Responsibility = power
• Discipline leads to freedom

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✅ Key Rules to Remember
• Build assets consistently
• Increase financial literacy
• Delay gratification
• Don’t rely on job security
• Think long-term

03/01/2026

🌼Law of Attraction🌼

Your mind is a magnet.

• Think of blessings and you attract blessings.
• Think of problems and you attract problems.
• Always cultivate good thoughts and remain positive.

30/12/2025

🌹🌹🌹🌷🌷🌷🌷

10/12/2025

Your Voice, Your Council, Your Future. 🗳️

The ICAP Council Election 2025 is your chance to elect a representative who has consistently stood by the fraternity. My journey from leading CASA North to serving as Chairman NRC has been defined by one thing: Service to the Member.

I am running for Council to champion your issues: ✅ For SMPs: We need to reduce the compliance burden and provide real technical support, not just more regulation. ✅ For Industry Members: ICAP must take a stronger role in creating employment opportunities and advising on macro-policies. ✅ For Our Youth: Aligning education with global tech trends to ensure our students remain market leaders.

Let’s move beyond the status quo. Let’s work together for a collective betterment.

I humbly request your support and vote.