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Understanding the psychology of saving: insights for young Saudis
Saving money isn’t just about financial discipline, it’s also influenced by psychological factors that shape our attitudes and behaviors toward money. At FataFeat, we delve into the psychology of saving to help young Saudis develop healthy saving habits that last a lifetime. Why understanding psychology matters Our relationship with money is complex and often influenced…
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Managing household budgets: a family affair with FataFeat
Managing a household budget is a key aspect of family financial responsibility. At FataFeat, we believe in making budgeting simple and effective for Saudi families. Our app offers practical tools and resources to help you track expenses, save money, and achieve your financial goals together. Why Create a Family Budget? A family budget provides clarity…
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Online resources part 2
We love sharing resources that will help you gain more insight into money management. The best way to learn of course is through doing, and what better way to learn by practicing! Here are a few more online resources you can use to learn more! Spent Spent shows how difficult it is to stretch $1,000…
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What is the Smart Investor program?
The Saudi Capital Market Authority (also called the CMA) launched the Smart Investor program more than 10 years ago. They recognized that it was important to encourage young kids aged 9 to 14 to learn about money management skills. Promoting a culture of smart finances and financial choices is a big part of the Kingdom’s…
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Celebrating Eid al Adha without breaking the bank
Eid al-Adha as we’re sure you all know is one of the most significant Islamic holidays celebrated by Muslims worldwide. It is a time for families to come together, share meals, exchange gifts, and help those in need. However, the expenses associated with the holiday can sometimes strain the budget. Today, we’ll go over how…
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Navigating Halal investments: A guide for Muslim families
In today’s rapidly evolving financial landscape, the pursuit of wealth can sometimes clash with deeply held religious beliefs. For Muslim families in Saudi Arabia, ensuring that their financial endeavors align with Islamic principles is paramount. This concern gives rise to the concept of Halal investments, which adhere to Shariah law and offer avenues for growth…
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Celebrating Eid al-Fitr!
Eid al-Fitr marks the end of Ramadan. It’s a joyous occasion filled with festivities, feasting, and the exchange of gifts. As families come together to celebrate the culmination of a month of spiritual devotion, our upcoming financial management app is dedicated to empowering families to take charge of their finances and strengthen their bonds. Embracing…
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Embracing the final week of Ramadan
Can you believe that we have just under a week left of Ramadan? For young children, Ramadan is not just about fasting and prayers; it’s a time of learning, growth, and reflection. It’s also a golden opportunity to instill financial literacy from an early age. As we enter the final days of Ramadan, let’s explore…
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Budgeting basics: managing your expenses in the last stretch of Ramadan
Can you believe that we are in the final days of Ramadan? As we reach the end of the holy month it’s essential to maintain a firm grasp on our finances, ensuring that we honor our financial obligations while also fulfilling our spiritual duties. For young Saudis striving for financial empowerment, cultivating a mindset of…
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Ramadan reflection journal for teens: cultivating financial awareness and gratitude
While adults often focus on personal growth and religious devotion during this time, it’s equally important to involve teens in the rich traditions and teachings of Ramadan. One way to do this is through the use of a Ramadan reflection journal tailored specifically for teens, designed to foster financial awareness, gratitude, and mindfulness. Embracing the…
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How to manage your child’s Ramadan allowance
As we approach the halfway mark for Ramadan, parents often find themselves navigating various aspects of the tradition, from fasting to prayers and charitable giving. However, Ramadan also presents an excellent opportunity to impart essential lessons about financial responsibility to our children. One way to do this is by managing your child’s Ramadan allowance wisely,…
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Nurturing financial wisdom: Answering kids’ top money questions
In a world where financial literacy is more critical than ever, empowering the next generation with essential money skills is a responsibility that falls on the shoulders of parents. As children grow and start to navigate the complexities of the financial world, their curiosity about money often leads to a multitude of questions. To assist…
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How is AI being used by scammers to commit financial scams & how can you protect yourself?
In an era dominated by technology, AI has become an integral part of our daily lives, influencing everything from social media algorithms to healthcare diagnostics. While the benefits and increase in overall usage of AI is becoming obvious, there is a darker side that we all need to be aware of. This is scammers using…
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What is a will?
Life is full of surprises, and none of us can predict what the future holds. While it might seem like something only grown-ups worry about, understanding the concept of a will and Islamic rules of inheritance is important for everyone. So, what is a will, why should you care, and how does it relate to…
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The Pros and Cons of Giving Your Kids Supplementary Cards in Saudi Arabia
In today’s digital age, teaching kids about financial responsibility from a young age is crucial. One way parents often consider doing this is by giving their children supplementary credit cards. However, it’s essential to weigh the pros and cons carefully, especially in a country like Saudi Arabia, where financial norms and regulations may differ from…
