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.

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 in part 1 of this series

Papatia Feauxzar

Papatia Feauxzar is a practicing Accountant. She focused on personal finance in graduate school. She has a Master of Science in Accounting (MSA). Around the year, Feauxzar expatiate on personal finance and romance tips here and on her blogs. She is also the Online Editor of Hayati Magazine and the author of the first Ivorian Cookbook in English. Also a poet, you can read three of her pieces in "WOKE & LOUD: A Faith-Based Medley of Muslim Poetry & Spoken Word" published by Inked Resistance. Visit her at or .

No Comments Yet

Leave a Reply