03-04-2025
How UAE parents use Eidiya to teach children about generosity, financial management
As Eid Al Fitr ends, parents across the UAE are reflecting on the traditional practice of Eidiya — the money gifts given to children during Eid occasion. This cultural custom not only brings joy but also presents a unique opportunity for parents to instill financial responsibility in their children as some might make between Dh500 to Dh5,000.
Nada Al-AlAleeli from Sharjah shared her perspective on how she manages her daughter's Eidiya."I believe in allowing my daughter to select a toy of her choice while saving the rest of the money for future investments. This year, I'm buying her gold," she explained.
Nada emphasised that her daughter is only three years old, she doesn't understand money savings but the main thing is to save for her.
She addressed the importance of teaching her daughter the value of money, stating, "When children spend their own money, they appreciate their purchases more and learn the significance of saving."
Educational consultant and behaviour specialist and owner of account from Dubai, elaborated on the lessons that Eid can impart. "For me, Eid is a chance to teach my children about generosity and financial management," she said.
She divides the Eidiya into three portions: "One for charity, one for toys, and one for savings. This approach not only allows my children to enjoy the festivities but also fosters a sense of responsibility and awareness about money."
Samah AlHajeri, CEO and Founder of Rethink Community and Samah & Associates, provided a deeper insight into her philosophy regarding Eidiya. She emphasised that for her, Eidiya is not merely about monetary gifts but about nurturing important life values.
"Eidiya represents joy, family connection, cultural traditions, and the spirit of generosity," she asserted. Samah believes that these lessons are essential in shaping her children's understanding of financial matters.
She elaborated on her approach, stating, "I always stress the importance of using Eidiya as a tool for teaching financial literacy. It's about giving my children the confidence to manage money wisely."
Samah encourages her children to enjoy part of their Eidiya with treats and toys while also engaging in discussions about the significance of saving, investing, and charitable giving. "This holistic approach not only teaches them about money but also instills a sense of responsibility and generosity," she noted.
Moreover, Samah highlighted the importance of mindset in her teachings. "I aim to raise children who see money as a tool for empowerment rather than something to fear or be anxious about. The goal isn't to make them obsessed with accumulating wealth; it's about helping them understand that money can be a means to create opportunities and experiences."
In her social media outreach, Samah shares insights on how she sees Eidiya as an opportunity for children to learn and grow. "I want to show parents that Eidiya can become more than just currency; it can be a lesson, a bond, and a cherished memory," she said.
While she acknowledges that some parents prefer children to enjoy their Eidiya freely, she believes that teaching financial literacy does not detract from the joy of the occasion.
"Eid is the perfect time to empower our kids. Teaching them how to enjoy, save, and share doesn't take away from the fun; it equips them with the wisdom to find joy in a responsible way," she explained.
Ultimately, Samah encourages parents to guide their children thoughtfully, stating, "You're not just raising kids; you're raising future adults. Equip them with the skills they need to navigate life with confidence and clarity." By fostering these values during Eid, she hopes to create a generation that appreciates the true meaning of generosity and financial wisdom.
