Document Summary

This document features an interview with Dr. Salem Bashmil, trainer of the Riyali Financial Awareness Program Ambassadors, discussing the importance of financial awareness in society and how to acquire basic financial skills.

Dr. Bashmil emphasizes the significance of financial planning, saving, investing, and borrowing as foundational elements of financial awareness. He also explores the role of the family in educating children and effectively managing their budgets to achieve financial stability.

Highlights of the Interview:

• The Importance of Financial Awareness: A definition of financial awareness and its significance in the lives of individuals, families, and society.
• Fundamentals of Financial Planning: An explanation of the basic principles of financial planning encapsulated in the phrase “weighted goal first.”
• The Role of the Family in Promoting Financial Awareness: Strategies for teaching children the importance of saving and managing money through family practices.
• Money Management Tips: Practical advice on how to handle money and prioritize needs versus wants.
• Riyali Financial Awareness Program: An overview of the Riyali Financial Awareness Program, its objectives as a community initiative, and its target groups.