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Managing finances with Wally
In today’s fast-paced financial landscape, effective money management is essential for individuals looking to secure their financial futures. Wally, a personal finance app is emerging as a key player in this arena. So, what is Wally? Wally is a financial management application that is designed to empower users to take control of their financial lives.…
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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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Celebrating Saudi National Day: We Dream and Achieve with financial literacy
As Saudi Arabia proudly celebrates its 94th National Day under the inspiring theme “We Dream and Achieve”, it’s a perfect time to reflect on our collective aspirations and the strides we’re making towards a prosperous future. This year, the celebration is not only about honoring our rich history but also aligning with the Kingdom’s Vision…
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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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Saudi Arabia’s new financial literacy initiative
Suppose you’ve been keeping an eye on financial news in Saudi Arabia. In that case, you might have heard some exciting updates about a new initiative designed to boost financial literacy and money management skills. We think that this is a big deal and a great idea that will encourage participants to learn an important…
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Teaching kids smart money management with FataFeat
We believe that financial literacy is more important than ever in today’s world. At FataFeat, we’re committed to equipping young Saudis with the knowledge and skills they need to make smart financial decisions and avoid common pitfalls. From overspending to money management, our app empowers young Saudis to navigate the complexities of money management with…
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The future of financial literacy in Saudi Arabia
Have you ever thought about how important it is to understand money from a young age? In Saudi Arabia, just like everywhere else, financial literacy is becoming super important. With all the changes happening in technology and the economy, knowing how to manage your money is a skill you’ll need for life. Let’s dive into…
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Setting financial goals this Muharram
As Muharram kicks off the Islamic New Year, it’s not just about new beginnings spiritually — it’s also a great time to think about your money and set some goals for the year ahead. Whether it’s saving up for something special or being smart with your cash, setting financial goals now can really help you…
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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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Safeguarding your money: how Mastercard and Visa are using AI to protect your purchases
Have you ever wondered how your credit or mada card stays safe when you buy stuff online or swipe it at a store? Well, two big companies, Mastercard and Visa, have some super cool tricks up their sleeves to keep your money secure! Imagine this: you’re buying your favorite game online or treating yourself to…
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Understanding jam’iya or social savings clubs
The Kingdom of Saudi Arabia conducted a study in 2018 that looked into consumers’ money habits. One of the interesting data showed how consumers mainly rely on banking institutes to save money, but the next most popular option is through a social savings club! If you’re looking for an effective way to save money, we’ve…
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101: Understanding time deposits
Are you looking to manage your money wisely? Maybe you’ve heard the term “time deposits” in your bank’s offerings but aren’t quite sure what it means or how it can benefit you. Well, you’re in the right place! In this blog post, we’ll break down the concept of time deposits and why they can be…
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101: Certificate of Deposits
Let’s dive into a topic that might sound a bit grown-up, but it may just be the right saving option for you: Certificate of Deposits or CD. You might have heard about saving money in a bank, but what exactly is a CD, and how can it benefit you? What’s a Certificate of Deposit (CD)?…
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5 essential money management tips every Saudi young adult needs to know
Navigating the world of personal finance can be intimidating, especially for young adults in Saudi Arabia who are just starting their financial journey. However, with the right knowledge and tools, managing money effectively becomes much simpler. In this post, we’ll explore five essential money management tips tailored specifically for Saudi young adults, helping them build…
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Sah: Your passport to financial empowerment in Saudi Arabia
Within the Kingdom of Saudi Arabia, the journey towards financial literacy and empowerment is gaining momentum. Aligned with the visionary roadmap of Vision 2030, the Kingdom released Sah – an Islamic subscription-based savings solution tailored to encourage saving among citizens. To sign up to Sah, aspiring savers must be at least 18 years old and…
