(MENAFN- Arab News) The Capital Market Authority (CMA) is guiding youngsters to the importance of planning and budgeting in the new issue of its financial awareness magazine for children - The Smart Investor. CMA said the seventh issue of its financial awareness magazine discusses at length a familiar phrase commonly used by children: "Where has my money disappeared?" via the scenarios exhibited by its many characters. The magazine's authors say they relied on interactions with children about how they spend their money during tours made by The Smart Investor staff to many of the public schools in the Kingdom. CMA published 20,000 copies of the new issue, - The Smart Investor - which is set to be distributed free among pupils during school visits by the staff of CMA's nationwide program. Contents of the magazine can be viewed or downloaded from the Awareness Center on CMA's official website (cma.org.sa). Saudi Basic Industries Corporation (SABIC) signed an agreement with CMA in May to officially sponsor CMA's financial awareness program for children - The Smart Investor. The bi-annual magazine, which CMA distributes free of charge as part of its financial literacy programs, aims at raising awareness among children about financial transactions and the importance of saving and investing wisely in a fun and yet savvy way that suits children. Earlier this year, CMA announced that it launched the English version of its website on The Smart Investor, which aims at raising children's financial awareness as potential future investors in the Saudi market.