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Showing posts from April, 2023

Blog Entry 2.1.3

  Blog Entry 2.1.3   1.  Which bank has the best deal for students? (types of accounts, services and cost per month) There is a bank here called Qatar National Bank which offers/helps students Budgeting tips and saving tips. This bank also offer discounts for all QNB users which could help tremendously for students on a tight budget.   2.  Which bank do you have an account with? Which bank do your parents use?  Unfortunately I don't have a bank account currently, however I'm planning to get one as soon as possible to help me with  money  management . My parents use QIB (Qatar Islamic Bank). A great option that  ensures that the Bank adheres to Islamic banking and finance principles.       3.  Can you email money? Have you emailed money? Due to my age I have never emailed money, but  I'm pretty sure my parents send money to my grandparents in Syria every once in a while.    4.  Do they ...

2.1 Blog Entries

Blog Entry 2.1.1  Money Management Tips - Money can help us with pursuing our dreams but it's not the only goal in life - As you grow up you'll have to stop relying on your parents - Money doesn't grow on trees, you need to get a job - You need to have a clear budget and purchase wisely  - When you start saving money, you have to open a bank account to keep your money safe - Investing in your money in stock markets is a great idea too - Mortgage is when you take a big loan from the bank to buy a house - You have to return it by a certain period of time or else you'll be forced to pay interest Blog Entry 2.1.2 What are your goals? How does your budget support your goals? Is it difficult to live and save for big items? What is an alternative to saving? My goal is to become a doctor when I grow up and in order to do that I would have to enter university which will cost a lot of money. Until I become 18, my parents will be the ones paying for my education and I'll take ...