How to Save Eidiya Money for Kids in UAE

Instead of letting children spend the entire amount, many parents are choosing to save Eidiya money for kids in the UAE through dedicated accounts. Some even invest it in gold or divide it into portions — for spending, saving, and charity.

It’s Time to Turn Eidiya Savings for Kids in UAE into Financial Education.

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Take Amna Abdulaziz Al Nuaimi*, a mother in the UAE, who deposits all of her two-year-old daughter’s Eidiya into a separate bank account.

“She gets around Dh4,000 to Dh5,000 [in a year]... I save it all for her… until she’s old enough to spend it wisely,” says Amna.

She emphasises the importance of keeping children’s money separate from personal finances to maintain clarity and accountability.

Another Story of Savings From Piggy Banks to Bank Accounts

The idea of formal savings starts early in many households. Fatma Al Tenaiji*, mother of three children, has opened individual accounts for each of her children. Every month, she transfers Dh100 into each account and deposits 75% of their Eidiya gifts while allowing them to enjoy the remaining 25%. This balance helps her kids enjoy the holiday while slowly understanding the concept of saving money for children.

Similarly, Um Hasher*, a mother of two, uses bank accounts to keep track of cash gifts from relatives during Eid. She involves her children in the process, counting the total money, recording it, and discussing how much will be saved versus spent.

“[We] never want to take away the joy of Eid…. so [they can] keep a small amount to [get] something they like,” she says.

This practical approach not only protects the money but introduces basic savings tips for kids in UAE — budgeting, delayed gratification, and financial responsibility.

This Year’s Eidiya Comes as a Lesson in Choices and Values

A Dubai-based parenting consultant and educator* explains:

Eid is a chance to teach children about “generosity and financial management” and empathy. She splits their Eidiya into three — savings, charity, and toys. It teaches them “responsibility and awareness about money” without sacrificing joy.

Nada Al-Aleeli* from Sharjah takes a similar approach but with a personal twist. She saved her three-year-old daughter’s Eidiya this year by investing in gold.

She doesn't understand savings yet, but when she buys something with her own money in the future, she will value it more, says Nada.

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A New Tradition Rooted in Old Values

The evolving practices discussed above don’t take away from the essence of Eid. Instead, they deepen it. The concept of how to save Eidiya money for kids in UAE has become more than a parenting trend — it’s a movement.

To support this journey, Policybazaar.ae offers specially designed Child Savings and Investment Plans in UAE that help parents grow their kids’ money smartly and securely. Whether you're saving small Eidiya amounts or planning for education, these child plans make it easier to build a strong financial future.

Small steps today — like saving Eidiya — may just be planting the seeds for smarter, more empowered adults tomorrow — Policybazaar.ae.

*Source: Khaleej Times

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