How to lay your financial bed!

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The way you lay your bed is the way you lie on it. Those words are popular. Today, I will be talking about your financial bed. So how do you lay your financial bed so you are able to lie on it comfortably? I will give you some tips to abide by

- Always give out zakat when its due. It is obligatory.

- Always give out regular charity. This is because Allah loves charity and He multiplies it in reward for you. Its called sadaqa (its not obligatory but its really good for you)

- Always save 30% of your income (halal account).

- Always save first and spend after.

- Always have more than one source of income.

- Make sure you build or buy a house

- Have a well diversified investment portfolio

- Make sure you tackle a challenge immediately it occurs, the longer you take to react the longer it takes you to effectively overcome the challenge.

- You should spend and invest your money in a halal way.

Everything should be done deliberately for the sake of Allah. Part of doing something deliberately for the sake of Allah is hoping for a reward (both in this life and the life after). Everything happens according to the will of Allah.

Halal means anything lawful Islamically.

Keep checking my blog daily. Cheers!

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