Al-Qabas••2 min read
Where Does a Woman's Money Go?!
From an early age, we may teach girls how to protect and save money, but we rarely teach them how to earn, grow, or invest it. This stands in stark contrast to how boys are often raised.
This crucial aspect of financial awareness is frequently neglected by families, schools, and society alike. Girls are commonly told to save money, avoid unnecessary spending, keep their salaries intact, and stay away from financial risks. Yet they are seldom taught how to invest, build wealth, or make their money grow.
Young men, on the other hand, often learn valuable financial lessons from their fathers, while society—particularly traditional gathering places such as diwaniyas—continues that education through discussions about business, investments, and wealth creation. As a result, a persistent financial knowledge gap exists between men and women. This gap has nothing to do with salary levels or economic status; rather, it stems from a lack of financial education among women. Today, financial literacy is no longer a luxury—it is a necessity for women who wish to build and preserve their wealth.
This knowledge gap deserves serious attention. A financially educated woman benefits not only herself but also society as a whole. When women understand economic principles and know how to invest and manage their money wisely, they become significant contributors to the economy. This calls for financial education initiatives specifically designed for women. More importantly, financial literacy should begin in childhood within the family, continue through school curricula, and be reinforced by community and government programs.
Previously, we launched the "Nawtik" initiative, a non-profit program aimed at economically empowering Gulf women. Its mission was to educate women on basic economic principles, teach them how to manage their finances responsibly, and encourage investments that generate sustainable income while also contributing to the local economy.