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Takaful vs. Conventional Insurance
In the world of finance, insurance plays a crucial role in safeguarding individuals and their assets. For young minds, understanding the basis of insurance can be a stepping stone to financial literacy. Two prominent concepts…
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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…
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7 common investment mistakes to avoid!
Investing can be one way to build wealth and secure your financial future, even as a young adult. However, it’s essential to approach it with caution and knowledge. In this post, we’ll discuss seven common…
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How do I open a bank account in Saudi Arabia?
Opening a bank account is a fundamental step toward managing your finances effectively, whether you’re an expat living in Saudi Arabia or a citizen. Saudi Arabia has a robust banking system that offers a wide…
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Exploring your banking options in Saudi Arabia
You’ve reached an exciting milestone in your life. As you embark on your journey toward independence and financial responsibility, it’s essential to make informed decisions about where you’ll keep your hard-earned money. In this guide,…
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Demystifying financing a home
You might have heard adults or the news discussing financing homes and wondered, “What exactly is this, and why is it such a big deal?” Don’t worry; you’re not alone in your curiosity. In this…
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What you should know about early repayment fees in Saudi Arabia
As a young adult in Saudi Arabia, you may find yourself considering taking out a loan for various reasons, such as pursuing higher education, buying a car, or even starting your own business. While financing…
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A guide to planning a budget-friendly trip
We know everyone is itching to go out and explore the world, especially after COVID! Exploring new places, trying exotic cuisines, and making lifelong memories – there’s nothing quite like it. But if you’re a…
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101: What is life insurance?
Life is full of unexpected twists and turns, and as young adults, it’s easy to get caught up in the present moment. However, it’s important to consider your financial future and take steps to protect…
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Buying a Car in Saudi Arabia: Cash vs. Financing – What’s Right for You?
Buying a car is a significant decision, especially for young adults in Saudi Arabia. It’s a symbol of independence and mobility, allowing you to explore the Kingdom at your own pace. However, before you hit…
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Planning for a study abroad
If your university offers the opportunity for you to take a class abroad and you are considering this chance, then this blog is for you! Studying abroad while an amazing opportunity, does require careful financial…