12 Super Simple Money Management Tips for Your Personal Finances

The best financial advice tends to apply to pretty much everyone. You don’t need a spreadsheet of pros and cons and complex scenarios. What you need is a rule of thumb. There’s no shame in using one-size-fits-all advice. A study of West Point cadets, for example, found teaching rules of thumb was at least as effective as standard personal finance training in increasing students’ knowledge and confidence as well as their willingness to take financial risks. Researchers found money rules of thumb were more effective than teaching accounting principles to small business owners…

Read More

Abu Dhabi Fund for Development finances 31 projects in Jordan worth Dh5.7b

In a report issued by ADFD to mark Jordan’s 71st Independence Day, the Abu Dhabi Fund for Development announced that by end-2016, it provided financing for 31 development projects with a cumulative value of Dh5.7 billion through government grants and concessionary loans. The projects covered several sectors, namely mining, water and irrigation, transport, housing, agriculture, energy, education and health care. Their constructive cooperation aims to achieve sustainable development goals in vital economic sectors that benefit the Jordanian population. ADFD manages the $1.25 billion (Dh4.6 billion) UAE government contribution to the…

Read More

What to Do to Get Maximum Benefits from Your Credit Card and to Keep Your Personal Finances Safe

Responsible use of your credit card begins with understanding the credit card and how it works. A credit card has often been called ‘plastic money’ and this characterization is correct because credit cards are made of plastic and, secondly, they do represent money thereby giving you the ability to purchase. Credit cards are issued by banks and other reputable issuers. The issuer extends credit to you and your credit card is your means of accessing the credit line. How to get maximum benefits from credit cards A credit card should…

Read More