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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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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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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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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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Financial wisdom: learning from the teachings of Prophet Muhmmad (PBUH)
Prophet Muhammad (PBUH) was not only a spiritual leader but also a wise and astute guide in matters of everyday life, including finances. His teachings offer invaluable insights into money management, financial ethics, and responsible stewardship. Today, we will delve into the financial lessons derived from the teachings of Prophet Muhammad (PBUH) and explore how…
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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 be smart shoppers: A guide for teens
Whether you’re saving up for a new game, a gift, or looking to stretch your allowance a little further, being a smart shopper is all about making the most of your money. So, grab your shopping bags, and let’s explore some awesome tips together! 1. Make a List, Check it Twice: Before heading out on…
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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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Avoiding frivolous spending habits
In a world driven by consumerism, it’s easy to fall into the trap of frivolous spending. From impulsive purchases to lifestyle inflation, many people find themselves wondering where their hard-earned money went at the end of the month. In this blog post, we’ll explore some common ways people frivolously spend their money and offer practical…
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Investing 101: What is a venture capital?
Today, let’s embark on a journey to discover what venture capital is all about. Imagine you have a super cool idea for a new invention or a fantastic business, but you need some help to make it happen. That’s where venture capital swoops in like a superhero for your dreams! Venture capital or VC is…
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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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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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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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How to pay bills using online banking in Saudi Arabia
As we navigate the digital era, online banking has become an indispensable tool for managing our finances conveniently. In Saudi Arabia, online banking offers a plethora of features, including the ability to pay bills seamlessly. For young adults just starting to explore the world of personal finance, here’s a comprehensive guide on how to use…
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Budgeting strategy: 50-30-20 rule
Money management is a crucial skill that everyone should learn, and it’s never too early to start! For young teens and adults who are just beginning to earn or receive an allowance, understanding how to budget is a valuable skill that will set them on the path to financial success. One simple and effective budgeting…
