The culture of real estate savings

Abdulaziz Alissa

The culture of real estate savings is considered a civilized financial behavior that develops in the individual ways to maximize the available resources and harness them to benefit in the long term; to help buy a home in an easy way that does not cause damage to the overall family budget.

Observations indicate that the culture of real estate savings <The observations indicate the growing the idea of saving among Saudi citizens as it appears that an increasing number of Saudis are planning to buy their homes within the next few years, reflecting changes in economic and planning behavior, this improvement shows a growing awareness of the importance of real estate savings and its role in achieving financial stability for the individual. This important leap needs to intensify efforts to promote the culture of savings among future generations, especially since financial and media institutions have a major role in consolidating this culture among citizens, which prompted 166 thousand male and female citizens to participate in special programs in the Social Development Bank, which resulted in an increase in the value of citizens" savings until the end of the third quarter of 2022 to 343 million, and certainly there are other savings initiatives in banks that contribute to preserving and maximizing funds, these steps will have the future impact in reaching the minimum recognized to ensure financial independence in the long term, and the outcomes and targets of Vision 2030 that stimulate S

Therefore, it is no longer <a style="color: #800000;" href="https://www.ammc. Saving is an idea that tickles the fancy or those with a surplus budget, but with the developments of the modern era, saving has become a major necessity to achieve the dream of owning the home of a lifetime, by raising the financial awareness of the community by planning to invest in securing the future through continuous awareness through savings programs and advertising campaigns.

We hope that the authorities hope to raise the financial awareness of the community by planning to invest in securing the future through continuous awareness through savings programs and advertising campaigns. <We hope that all parties will spread the principle of saving and highlight its advantages and benefits through special events and programs, and create and introduce categorical investment portfolios whose capital consists of the savings of young people and children. We hope to support these portfolios with plans to increase their resources, so that after the passage of years, beneficiaries can buy a house through their own shares in the portfolio. By establishing a culture of real estate savings as an essential part of every citizen's life, we can achieve sustainable financial stability for individuals and ensure a bright future for future generations.