A specialized program to enhance the financial awareness of the Emirati family

The Community Development Authority in Dubai, in cooperation with the Academy of the new Economy, launched the training program “The Financial Culture of the Family – Dubai … How your family settles financially” within the “Sheikha Hind Bint Maktoum Program for the Family” with the aim of supporting the establishment and growth of families in Dubai, enhancing their stability and interdependence, consolidating societal values, and enhancing the quality of families in the emirate.

The authority revealed during a press conference yesterday that the training program includes employees of the “Dubai Wedding” program, and includes a set of lectures and workshops, under the supervision of a group of experts and specialists from the Community Development Authority in Dubai, the new economy of the economy, the General Authority for Pension and Social Insurance, and the “Union for credit information”, with the aim of enabling the next and newlyweds of proper financial planning, and effectively management of resources, To ensure their financial stability in the long term, in addition to raising awareness of the importance of saving, managing a family budget, and avoiding the debts that may negatively affect their family stability, as it aims to help the spouses in setting an effective budget and managing expenditures in a sustainable manner and allocating funds for necessities.

The Director General of the Community Development Authority in Dubai, Hessa Bint Issa Bouhamid, said that the “Financial Culture of the Family Culture – Dubai … How does your family settled financially?” The commission reflects the commitment of the family and social stability of citizens in the Emirate of Dubai and enhancing the quality of their lives, by providing them with the skills and knowledge necessary for proper financial planning.

She emphasized that the program enhances financial, psychological and social awareness, based on the importance of this interdependence in building coherent families, stressing that the importance of financial awareness of the family is not limited to the economic side only, but rather a pivotal step in promoting psychological and social balance.

A sustainable financial future
In turn, Dr. Laila Faridoun, CEO of the New Economy Academy, said: The new Economy Academy seeks, through this training program, to enable the targets and enhance their financial culture to accommodate the accelerating developments in the field of economy and management of financial resources intelligently and building a sustainable financial future, which reflects positively on the stability of their families and contributes to building a more prosperous society.

She continued: “We believe that the stability of the family is the basis of the coherent society, and by the end of this training program, the participants will have an initial road map for their financial future, which enables them to make deliberate decisions that help them achieve their financial goals with confidence and awareness.”