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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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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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Empowering young savers: setting and achieving financial goals with FataFeat
In today’s digital age, teaching kids about money goes beyond a money jar. At FataFeat, we understand the importance of instilling lifelong financial habits early on. One of the key features that sets us apart is our focus on helping children set and achieve financial goals. Why set financial goals? Setting goals is crucial for…
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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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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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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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What is an economic bubble?
Today we’re going to explore something really fascinating and a bit tricky: economic bubbles. Don’t worry if it sounds a bit complex at first, we’ll break it down in a way that’s easy to understand. Imagine you’re playing with bubbles outside on a sunny day. You dip your wand into the soapy water solution and…
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Let’s learn about VAT!
Today, we’re going to dive into a world that might sound a bit tricky at first but is actually pretty interesting once you get to know it. We’re going to talk about something called VAT, and it’s something that affects many things around us, even here in Saudi Arabia! So, what is VAT? Well, let’s…
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Let’s talk about allowance!
Hey everyone! Today, let’s talk about something super cool and important for young explorers: allowance! Have you ever heard grown-ups talking about ‘allowance’ and wondered what it means? Well, buckle up because we’re about to dive into this awesome topic together! What is an allowance? Okay, so allowance is like a special amount of money…
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What is an income?
Hey there, young money adventurers! Are you ready to embark on an exciting journey into the realm of finance? Today, we’re diving into a fundamental concept that plays a big role in our lives: income! But before we delve into the nitty-gritty details, let’s start with the basics. Imagine this: you’re at the park with…
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Kid’s Guide: Asking your parents for an allowance
Have you ever wanted to have a little extra cash to buy that awesome toy or treat yourself to some ice cream? Well, guess what? You can ask your parents for an allowance! But don’t worry, we’re here to help you through it with this super-duper guide. Step 1: Pick the right time Choosing the…
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Investing 101: What are mergers and acquisitions?
Hello young investors! Imagine you have a collection of toys – each one unique and special. Now, think about combining your favorite toy with your friend’s favorite toy to create something even more awesome! Well, guess what? That’s a bit like what happens in the grown-up world of investing, through something called Mergers & Acquisitions…
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Explaining passive income to kids
Today, we’re going to talk about something called passive income. But what in the world is it? Well, let’s break it down in the simplest way possible. Imagine you have a magic money jar. This money jar is like your own little money-making friend. Whenever you put some money into it, it does a special…
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What is SAMA?
Hey there, young learners! Have you ever wondered about the magic behind the money in Saudi Arabia? Well, today, we’re going to uncover the secrets of the Saudi Arabian Monetary Authority, or SAMA for short. What is SAMA? SAMA, which stands for the Saudi Arabian Monetary Authority, is like the guardian of all things related…
