Financial literacy signifies the ability to make financial decisions based on informed reasoning. Thus, an individual who is financially literate has the foundation of a healthy relationship with money. This report considers the extent that Saudi youth are aware of the importance of financial literacy, and whether they have been equipped with the required knowledge to adopt effective financial literacy practices. The report also documents the contemporary financial habits of young Saudis to ascertain who or what is shaping Saudi youth behavior when it comes to saving and spending. In sum, this report delves into the tapestry of young Saudis’ financial understanding, weaving together statistics, cultural nuances, and individual experiences to explore to what extent awareness of financial literacy exists among younger generations of Saudis.