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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, we’ll introduce you to some of the prominent banks in the Kingdom and help you make an informed choice. 1.…
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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 blog post, we’ll break down what financing for a house (aka a mortgage) is in simple terms, why people get…
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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 can be a valuable financial tool, it’s essential to understand the terms and conditions attached to them, including early loan…
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Navigating the ‘money talk’ with friends
Money matters can be a sensitive topic, even among the closest of friends. Yet, having the ‘money talk’ is an essential part of being financially responsible and maintaining healthy relationships. Whether you’re planning a group vacation, deciding where to eat, or simply discussing your budgets and affordability, these conversations can be beneficial and help prevent…
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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 young adult on a budget, the thought of planning a trip might seem daunting. Fret not! With a little bit…
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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 it. One crucial aspect of financial planning that often gets overlooked by young adults is life insurance. In this blog…
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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 the road, you need to decide how you want to pay for your new wheels. In Saudi Arabia, there are…
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Balance Sheet KPIs
When reading a balance sheet, you will come across some terms that you may not understand. Before picking a We explain a few that we think are important from an investor’s perspective that you should know about. Of course, always seek guidance from a trusted adult if you are unsure of anything!
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Cash dividend vs. Stock dividend
We’re sure as you research more about investing, you’ll come across dividends. One common question that new investors often have is about dividends. What are they, and what’s the difference between cash dividends and stock dividends? Cash dividends are paid directly in money, whereas in stock dividends you are paid in the form of stocks…
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Building a strong financial foundation: setting good habits
We know that life is a rollercoaster of excitement and challenges. And, one of the most important challenges that you’ll face as you grow up is managing your finances. Setting good financial habits early on can make all the difference for your future. After all, your future self will thank you for these good financial…
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Enhance your financial literacy as an adult
Today, let’s talk about something that might not be the most exciting topic, but it’s definitely an important one: financial literacy. Now, I know what you’re thinking, “Ugh, finances? Boring!” But trust me, understanding how to manage your money is a crucial skill that will benefit you for the rest of your life. So, let’s…
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Setting financial goals for students
Financial success doesn’t happen by accident; it’s the result of clear goals and effective planning. As a student, setting financial goals is a crucial step toward achieving financial stability and future success. In this post, we’ll explore the importance of setting financial goals and provide a roadmap to help students define and pursue their financial…
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Money Mindfulness: shifting your perspective on finances
Your attitude and beliefs about money can have a profound impact on your financial well-being. Developing a healthy money mindset is not just about earning more or spending less; it’s about fostering a positive relationship with money. Understanding your money mindset Your money mindset is the set of beliefs, attitudes, and feelings you hold about…
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Frugal living hacks for university students
University life often comes with financial challenges, but being frugal doesn’t mean sacrificing your quality of life. In fact, adopting a frugal mindset can help you make the most of your resources and stretch your budget further. In this blog post, we’ll explore some frugal living hacks specifically tailored to students. 1. Meal planning and…
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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 planning to make the most of the experience without overspending. 1. Budgeting for Study Abroad Create a realistic budget based…
