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The article addresses the most common banking mistakes that threaten family budgets during the back-to-school period in the UAE. These include not setting a clear budget, relying on a single financing tool, accumulating installments, failing to compare installment offers, as well as poor management of banking services such as not reviewing transactions and due dates, requesting unnecessary additional financing, and depleting liquidity entirely. The article explains that avoiding these errors can help families manage their financial obligations more balancedly and reduce financial stress during the school season.
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