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A teen’s guide to financial independence
Teenagers often find themselves in a whirlwind of excitement, curiosity, and the desire for independence. While it is essential to embrace these fleeting years of youth, it is equally important to start laying the foundation for a successful financial future. Setting yourself up well for financial independence is a powerful step toward living the life…
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Nurturing entrepreneurial spirit in children
Fostering entrepreneurial spirit in children has become increasingly important in today’s world. Encouraging innovation, creativity, and a growth mindset can equip children with essential skills for future success. As parents, you play a vital role in shaping your child’s mindset and instilling the entrepreneurial drive within them. This post provides valuable insights and practical tips…
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Top financial literacy books for young kids, pre-teens, and teens
Instilling financial literacy in children and teenagers is crucial to help them develop a strong foundation for their future financial well-being. One effective way is to introduce and reinforce these concepts through financial literacy books that are engaging, educational, and of course age-appropriate! We will explore some of the top financial literacy books for young…
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Setting allowances for children: A guide by age groups
Allowances play a crucial role in teaching children about financial responsibility, budgeting, and saving. Determining the right amount of money you should give your child is a challenge for many parents. In this post, we will explore various factors to consider when setting allowances and provide guidance on appropriate amounts for different age groups. Pre-Schoolers…
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Empowering Parents: Teaching Financial Literacy to Kids
In today’s complex and ever-changing world, financial literacy has become more important. As parents, we have a unique opportunity to equip our children with the knowledge and tools they need to make sound financial decisions and achieve long-term financial success. By teaching financial literacy to our kids from an early age, we can set them…
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How to prepare and save money for a recession
A potential recession has been on the minds of many economists, policymakers, and just about every adult who has been following the news recently. It seems clear to people that a recession is imminent in the near future. Of course, we can’t exactly predict when a recession will take place but we can prepare for…
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Starting to invest: Rules of 3
If you are interested in investing your money but feel like you need to have a lot of money saved up.. this post is for you! Nowadays, you no longer have to save up a lot of money to begin investing. The amount you need to get is the exact amount you want to invest…
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A few ways to teach young kids about money
Teaching young kids about money is part of preparing them for the world. Concepts need to be broken down into simple lessons and a great way is to teach your child as they grow. So, here’s how you can give your kids a head start and set them up to win with money at any age.…
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Protecting your digital banking information
As much of our lives are now online it’s no shock that most financial dealings and transactions are digital too. From e-commerce purchases to personal banking, we are conducting more and more of our transactions online. It is all the more important to be vigilant about how you can protect your information. All this digital…
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How to alleviate your financial stress
Did you know the average household savings in Saudi Arabia is 1.6%, which is less than the global average of 10% (as of 2018)? Across the world, many families live paycheck-to-paycheck and as a result, their financial situation is always a concern in the back of their minds. Thus, financial stress is a big concern…
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Picking charities to give your Zakat to!
We think it is extremely admirable how the entire Muslim Ummah comes together during the month of Ramadan to aid the vulnerable members of our community. Although giving Zakat is a pillar of Islam, it is still extremely inspiring to see how generous Muslims are across the globe with their Zakat but also Sadaqah. They…
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Using Ramadan to set good habits and goals
We would like to wish you and your loved ones Ramadan Kareem! May the holy month of Ramadan shower you with the best blessings and bring you eternal joy. As we’ve entered the holy month of Ramadan we thought it would be good to provide a few useful tips to set good habits. Ramadan is…
