Pension investments are a seemingly attractive option for Muslims that want a fixed income for life. However, there are certain complications when it comes to determining whether such an investment is halal, based on Islamic Shariah. From a Shariah...
Knowing how much to contribute to your pension each month can be a difficult decision, particularly if you don't understand all of the information you need when it comes to both workplace and private pensions (also known as "SIPPs"). In this blog post, I've given my...
'SIPP' is an acronym for self-invested personal pension which is a pension product available in the United Kingdom. Whilst these products are a great tool for building wealth and saving for retirement, it can be confusing to understand what you can and can't do with...
In an era of rising prices and stagnant income, you might be searching for ways to cut down your expenses. Alcohol spending can consume a significant portion of your budget, prompting some to give up on their alcohol consumption and prefer sobriety over spending. A...
If you are having difficulty managing your finances during a period of inflation despite having a steady income, you are most likely being underpaid. Since inflation has become a global problem that reduces the value of your money and declines your living standards,...
Having a partner who is bad with money can be extremely stressful in a relationship and money issues are actually one of the leading causes of divorce or relationships breaking down. If your partner is bad with money, you need to communicate with them clearly and...
One of the most powerful tools to drive employee satisfaction is their salary. When a woman negates the traditional gender norms and steps into the corporate world, she expects a salary that secures her future without any gender disparity. According to Statista, the...
Is 6 hours sleep a night enough? If somebody offered you a pill that increased your concentration, lowered your blood pressure, reduced your risk of disease and improved your problem-solving, decision making and learning with no negative side effects, presumably you'd...
Knowing how much to save for retirement can appear a difficult question to answer. It is a life event that requires careful financial planning and smart decision making from a young age. You can and should start calculating your retirement funds today to get a better...
The tax-free allowance in the UK can simply be described as the amount of income you earn for which you do not have to pay tax. Understanding tax in the UK is a time-consuming and difficult thing to do, particularly when you consider all of the different taxes we pay...
