Some may think that there is no relationship between real estate financing (additional loan) and the culture of saving, but of course there is a close relationship between them, especially after the announcement of the Ministry of Housing's new mechanism, which was followed by the launch and application of additional financing in its new format, whose new regulations included that the financing should be on 70% of the value of the dwelling, and the first payment in financing is 30% of the value of the loan, and it was actually applied in the mortgage market since early last November according to the conditions of financing and mortgage. From this, it is clear that a citizen eligible for housing support will not be able to obtain an additional housing loan from banks and banks unless he pays 30% of the value of the additional loan. This emphasizes how important it is for us to have a culture of savings, which is almost non-existent for many of us, as soon as an employee in the public and private sectors receives his salary, he immediately starts paying his obligations (Visa, loans, installments ... etc.) How after all that, we have savings. Despite the existence of saving concepts in many of our popular proverbs, we only repeat them in our councils without actually applying them ”Hide your white penny for your black day”, and unfortunately, such proverbs remain as anecdotes only, and we do not apply them on the ground. If someone asks their friends or relatives: How much did you save during the past months?“, he may be very surprised by this question, and may consider it a joke, because he did not even think about saving, but rather spending and then spending, so are we a people who love to spend and never think about saving? It is necessary to think seriously about applying the concept of saving, which is a behavioral concept before it is intellectual, when a child sees his father or mother save a certain amount, such behavior remains firmly in his mind until he grows up and this behavior grows with him. The issue of saving is very important, and needs workshops and forums to clarify the importance of saving in our lives in general, and how and why we save.
