So you’re wondering what your net worth is. Your net worth is essentially everything you own minus everything that you owe. So if you have $10,000 in savings and you owe $5,000 in credit card debt that in reality, your net worth is only $5,000. What you own minus what you owe if your net worth.
It’s not that hard and its not impossible to build a halal retirement portfolio. Follow these simple steps.
What is an insurable interest,
how insurance companies are structured,
and how they invest the insurance pool (i.e. the money that you pay for the policy).
ne of the most pressing concerns for all parents is their child’s future.
Many of us live in single-family homes, have only one breadwinner in the house, relatively small savings, and limited social network to rely upon.
How do we secure our families future in the face of adversity?
Estate planning is the act of planning your estate, i.e. what happens to your property after you die and who cares for your loved ones. With an estate plan, you get to say who gets what, when they get it, and who should look after the ones you care for when you are gone.
Having a will is part of an estate plan, but it is not the only part]
What We Will Cover In This Seminar:
Finance in the US. Buying a Home.
Why you need a financial plan.
Major purchases, investments, and debt.
You have a good job that provides a 401k, with a good amount of money in the account.
Do you owe zakat on your 401k?
You need a solid answer. There are thousands of dollars per year at stake, not to mention your duties as a Muslim.
When discussing any business model, it’s important to drill down on the mechanics of each deal and understand how it differs compared to similar businesses and methods of selling.
Indeed, the Holy Spirit has breathed into me this inspiration: Surely a soul will not die until it completes its appointed time and receives its sustenance. So be mindful of God and seek beautifully
Loan consolidation can simplify your finances in the short term, but may complicate things in the long term. If you consolidate your loans your loan term may be (probably will be) extended. What this means is that although your monthly payments are lower, you may end up paying more interest in the long run.
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