Personal finance books help us in learning to manage our money. We can learn personal finance basics at the most basic level, such as why to pay yourself first or how to manage and pay off debt so that you can become smarter and more confident with your money. Here is a list of five […]
5 Best Personal Finance Books for You Read More »
Creating a budget that works may seem like a challenge. No matter how many cutbacks you make, getting the numbers to line up right can be challenging because you need to consider many costs. It might seem easier to just give up on budgeting and go on with your current approach, which does not involve
How to Create a Budget that Works Read More »
If you want to learn more about investing through online investment courses, this article is something you should read before you start. GET MUSAFFA PREMIUM NOW What’s Your Goal? The following are just a few reasons you might want to take online investment courses: Is it Possible to Learn about the Complexities of the Stock
Are Online Investment Courses Worth It? Read More »
Have you ever thought about how to Increase Barakah in your Wealth? As Muslims, acquiring wealth is allowed as long as we obtain it in the right way and not become our primary focus and forget about the afterlife. Building wealth should not lead to us becoming selfish, arrogant, or attempting to accumulate it illegally.
How to Increase Barakah in Your Wealth? Read More »
We all want to create healthy spending habits so that we do not feel guilty whenever we look at our spending. The urge to spend money is something we need to handle step by step. Start with minor changes, then find why you need to stop overspending. GET MUSAFFA PREMIUM NOW Why do we overspend?
8 Tips on How to Stop Overspending Money Read More »
Fundamentally, an emergency fund is an essential tool for anyone seeking financial stability. Creating a dedicated emergency fund is one of the most important things you can do to protect yourself and your finances. Moreover, it’s one of the first steps you can take to start saving. By putting money aside for these unplanned expenses, even if it’s
What You Need To Know About Emergency Fund Read More »
What are Investment Fees Investment fees, such as trading, broker, and expense ratios, are charges for using financial products. Investment fees are one of the most influential factors in investment performance and should be considered by every investor. Minimizing fees tends to maximize performance over time. However, it is critical not to let fees dictate
Everything You Need to Know about Investment Fees Read More »
What Is an Index Fund? Index funds are stock baskets that follow a specific market index. Popular index funds expose you to the same stocks as those found in the S&P 500, Dow Jones Industrial Average, Russell 2000, and other indices. Each index measures the performance of a specific group of investments, typically stocks, that
How to Invest in Index Funds: A Simple Guide Read More »
“What is paper trading?” if you are wondering about the answer to this question, this article is for you. As a new person to the investment world, you will realize the stock market is pretty much an unpredictable environment. And sometimes, for a beginner investor, it is overwhelming and hard to navigate. Fortunately, there are
What You Need to Know About Paper Trading Read More »
Financial Advisor vs. Financial Planner Financial Advisor vs. Financial Planner: What are the differences? Although we use the terms “financial advisor” and “financial planner” frequently interchangeably, these two categories of professionals differ significantly. Here are some things to consider when choosing between a financial advisor and a financial planner. GET MUSAFFA PREMIUM NOW What Is a
Differences Between Financial Advisor vs. Financial Planner Read More »