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What are some of the pros and cons of VCs?
Today, let’s dive further into the fascinating world of Venture Capital (VC). VCs might be the secret sauce if you’ve ever wondered how some cool tech companies and startups get their wings. But like everything…
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Smart spending: experiences vs. things
We live in a time where everything that we would want to buy is available at our fingertips. This is very true for those of us living in Saudi Arabia, it seems like every store…
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Financial freedom for freelancers: simple money management tips
Freelancing offers a unique avenue for individuals to embrace flexibility, pursue passion projects, and be their own bosses. However, the freedom and autonomy come with the responsibility of managing finances effectively. To ensure a stable…
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Demystifying finance: understanding closed-end mutual funds
Today, we’ll be unraveling the mysteries behind closed-end mutual funds. Don’t worry if the term sounds a bit complex at first – we’re here to break it down into bite-sized pieces that are easy to…
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Exploring Islamic Financing Options in Saudi Arabia
Saudi Arabia, with its rich Islamic heritage, relies on Sharia-compliant financial solutions to cater to the diverse needs of its population. In recent years, the Kingdom has witnessed a surge in the popularity of Islamic…
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Diving into diversification
Today, we’re going to dive into the world of investing and explore a concept that might sound fancy but is actually pretty straightforward: diversification. Imagine you have a basket of apples. Now, let’s say you…
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What to do if you lose your wallet
Losing your wallet can be a stressful experience, but it’s something that can happen to anyone at any time. For teens and young adults, knowing what to do when you lose your wallet is essential…
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The power of patience: Why savings beats financing
In a world that thrives on instant gratification and the latest trends, the temptation to indulge in the buy-now-pay-later (BNPL) culture is stronger than ever. Young adults find themselves grappling with the decision of whether…
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Exploring Meme Stocks
Have you ever heard of ‘meme stocks’? No, we’re not talking about funny pictures or jokes on the Internet. Meme stocks are a whole different kind of trend in the world of finance. In this…
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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….
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5 common scams to avoid
In today’s interconnected world, the convenience of managing our finances online comes with its fair share of risks. As we embrace digital platforms for banking, shopping, and investments, it’s crucial to be aware of the…
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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…
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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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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…