Archive for the ‘Financial Management’ Category
Zakat, the fourth pillar of Islam, is an obligatory for Moslem (by financial situation). According to Wikipedia, Zakat is the Islamic concept of tithing and alms. It is an obligation on Muslims to pay 2.5% of their wealth to specified categories in society when their annual wealth exceeds a minimum level (nisab). As follows, I [...]
A classic problem usually faced by some employees is salary management. Of course, we want to afford all of our needs. We want to pay our credit card, buy clothes or save some of them in saving or deposit account. However, not rarely in the mid of the month, the deficit comes along and it makes us more frustated:-( How it doesn’t [...]
Two days ago a reminder came to me: Don’t forget to transfer money to our joint account Then, i remember that we have started it since last month. Yes, finally we start it:)
Every month, I spend half of my salary for saving. I have two different accounts in different banks. One is for my payroll and another one is dedicated for saving. However, I am usually tempted to withdraw my saving, especially when I want to buy something, such as clothes. Actually, I have a special budget [...]