The first step before applying for personal finance is to determine the actual need for the required amount, without resorting to the maximum limit provided by the bank or the financing entity. <Al-Shammari stressed that the first step that should be taken before applying for personal finance is to determine the actual need for the required amount, without resorting to the upper limit provided by the bank or the financing entity. He explained that obtaining amounts that exceed the real need results in high interest rates that are added to the monthly obligations, which ultimately leads to financial burdens that may be difficult to deal with in the future.

Regarding the repayment period, Al-Shammari emphasized that the ideal repayment period for personal finance should not exceed three years, explaining that extending for longer periods leads to a significant increase in the cost of financing, which strains the individual's budget and limits his ability to achieve financial stability in the future.

Al-Shammari also pointed out that the ideal repayment period for personal finance should not exceed three years, explaining that extending for longer periods increases the cost of financing significantly. <The real estate consultant also pointed out the importance of reviewing all the details of the finance contract before signing, whether in terms of the total financing amount or the annual percentage rate (APR), in addition to the value of the monthly installment and the exact payment dates. Al-Shammari did not neglect to mention the importance of ascertaining all the administrative fees imposed by the financing entity, and the need to check for any additional fees that may be charged to the customer during the repayment period.

To ensure the best financing for the customer, it is important to check the total amount of the financing and the APR. To ensure the best financing terms, Al-Shammari advised comparing offers from more than one bank or financing entity, explaining that viewing at least six offers gives the borrower the opportunity to choose the most suitable offer in terms of profit percentage, repayment period and additional conditions.

As part of educating individuals, Al-Shammari said that it is important to check all administrative fees and additional fees that may be charged to the customer during the repayment period.

<Al-Shammari stressed the importance of knowing the type of financing before signing, whether it is Murabaha financing or Tawarruq financing, noting that the implementation mechanism may affect the final amount the customer receives. He also called for the need to review the terms of the life insurance associated with the financing contract, to ensure that the customer knows his rights in the event of a health or employment emergency.

Al-Shammari also cautioned about the nature of personal finances. <Al-Shammari also warned against resorting to refinancing shortly after obtaining it, as this has negative effects on the individual's financial obligations, especially with the possibility of incurring additional profits in case of early repayment, which may amount to an additional three months' profits in some cases. He also warned that personal loans without a salary transfer are usually more expensive compared to those that require a salary transfer directly to the financing entity. Al-Shammari emphasized that making well-considered financing decisions is the cornerstone of making the most of personal finance without falling into the trap of burdensome debt, stressing the importance of promoting financial literacy among individuals to ensure that they are able to manage their financial obligations in line with their monthly income and the nature of their actual needs.

In conclusion, Al-Shammari stressed the importance of promoting financial literacy among individuals to ensure that they are able to manage their financial obligations in a manner commensurate with their monthly income and the nature of their actual needs.