Category: Financial Literacy

In-Depth: What Does Women’s Health Insurance Cover in UAE?

Today’s women are empowered through increased gender equality, access to education and career opportunities, and the ability to amplify their voices through technology and social media.

What Happens When You Lose Your Job? Claiming Unemployment Insurance

The last registration date for the UAE’s unemployment insurance scheme was 30th June 2023, which was extended to 1st October 2023 to give more time to the employees to sign up. While there’s a sheet of excitement among the residents to enroll in the scheme, many people are still unclear about how to claim the insurance amount in case they get terminated from their jobs involuntarily.

Current vs. Savings Accounts: Key Differences

When opening a bank account, you are always asked whether you want savings or a current account. If you don’t know which one you should select, you will end up opening the wrong account that will not serve your purpose.

Personal Finance Tips for UAE’s Working Expats

The United Arab Emirates (UAE) has a whopping population of 9 million expats, which comprises 88.52% of the total population. Attractive package, lap of luxury, and the dash & dunes of the country have gathered more expats to work for them.
However, living in this country from a financial perspective is not smooth sailing if you haven’t planned your finances. This blog is your go-to guide for personal finance tips if you are a working expat in the UAE

How to Apply for UAE’s Unemployment Insurance Scheme?

The unemployment insurance scheme announced by the UAE government is effective from 1st January 2023. The scheme is introduced to offer social security during unemployment and enhance the competitiveness of unemployed people. Already 250,000 people applied to the scheme by 12th Jan 2023

Budgeting Tricks for New Parents in UAE

Once you become a parent, everything changes, and one of the most significant things that will change is your expenses. While raising a child is one of the most fulfilling experiences in your life, many people conveniently forget to mention the impact on your budget.

6 Tips to Plan for Back-to-School Finances: Back-to-School Students’ Guide

Only 25% of the high school students in the USA have access to personal finance education this year. However, 80% demanded to be educated about managing their personal finances.

5 Common Mistakes Most Parents Make While Making Financial Decisions

We all make mistakes and learn from them, but money mistakes are too costly that you must avoid them. Financial decisions need patience and a lot of your time to think about whether a decision is good for you and for your kids.

Why do Parents Find it Challenging to Pay the School Fees?

How Most Parents Pay Their Kids’ School Fees?
Although cash and credit cards are the most popular payment options, payment apps and digital payment methods are increasing rapidly. E-wallets or digital wallets will be used the most among all other digital payment methods as time passes

How You Can Get Paid as a Freelancer in UAE without a Bank Account?

While you become your boss when you work as a freelancer in the UAE, you also may deal with some problems, and the most common problem related to freelancing is getting paid on time. You send an invoice to the client and then chase the client for the payment, and after many reminders, you finally receive the money in your bank account.