Personal Finance Tips Part 2

Assalamu aleikum,

Personal Finance Tips are a multitude and as technology evolves and new currencies are created in the virtual world you need more tips to stay alert when it comes to your personal finances.dollar-1362244_1920

1. Make sure to check your credit report and score regularly

Why? Because offenders can use your name to buy things, apply for large credit lines and leave the tab under your name. So stay vigilant even if you don’t use a credit card. Once a year, you can get a free report. Just do some inquiries online and make sure the sources are trusted.

2. Use public transportation or even walk sometimes

Why? Because it will help you save on gas and you’ll avoid traffic. You’ll also help the environment. Fumes have become a pollution problem for the ozone. Let’s be green Muslims. It’s our duty to look after earth. We’re the rightful vicegerents by the scripture words. (Al-Baqarah: 29-30) (Al-An’am:165)

3. Start your own business and let it be your passion

Why? Because it increases your financial freedom. You’ll always enjoy sacrificing for your dream job. And if Allah wills it, you’ll see the end of the tunnel. Don’t forget to make istikhara.

4. Live Simply

Material and pricey things don’t elevate you in status. In fact, they make you go bankrupt and pick at your wallet and savings. In my experience, the people who have the bigger bank accounts don’t look it as they dress modestly, they have simple cars, and things of that nature.

5. Start investing at a young age

Investments is not for old people. It’s also for young people trying to secure an unseen and unforseen future. Take the reigns of your financial responsibility and freedom by saving your money and investing it in halal and conservative outlets.

6. Use social media

Normally, I’m a bit iffy about social media because it is creepy. That said, it can help you get a quick refund or a complimentary product. Some companies take forever to reply to emails or even return phone calls. But if you Facebook or Tweet them about an issue, there are more prompt because people are really active on social media. A complaint on social media has the possibility to undo a company pretty quick nowadays. So take advantage of that and be responsible users. Don’t abuse the system because there are things called hak and qiyamah for defrauders. (Al-Muttaffifin: 1-2)

That’s it for today. Wassalam and see you next time for more tips on Personal Finance.


You can read more of my finance tips in our 13th issue of Hayati Magazine or here for additional tips.

My Original Source.

About Papatia

Papatia Feauxzar is an Author and Muslim Publisher who holds a Master's degree in Accounting with a concentration in Personal Finance. She now works from home at alhamdullilah. You can visit her website at or her sister's website
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5 Responses to Personal Finance Tips Part 2

  1. Jazaka’Allah’Khair for sharing that sister, but when you mentioned “social media” please do let readers know, to research first if the sites & promos are legit or scams.

    Right now in USA, there are so many scams including non profit organizations. Please please be careful before providing any personal information!

    Liked by 1 person

  2. khansana1000 says:

    Very nice post! glad you wrote about it. Indeed simple living is best living and we all need to manage our finances and save for future from now on. Though I always try my best to plan and manage finances but there are always some unforeseen expenses coming up at middle of month or my shopping sprees in July ( the month of Sales) ,that always spoil my saving plans 😀

    Liked by 1 person

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