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Salam Reader, Here's what we're serving this week: 🥗 Starter: Why running finances on assumptions is a bad idea 🍔 Main Course: Black Friday, Cyber Monday and "anchoring" 🍰 Dessert: Half of livelihood, half of wisdome, and half of knowledge Starter 🥗 🔗 See the full post on Instagram Main Course 🍔 A couple weeks ago, I wrote about Khalil, a brother making $70,000 who logs into his bank and has no idea what he can actually afford. Every dollar in his account feels simultaneously spendable and...
Salam Reader, Here's what we're serving this week: 🥗 Starter: How to respond to a turbulent stock market 🍔 Main Course: Khalil's one-account problem 🍰 Dessert: Did the Prophet ﷺ save? Starter 🥗 🔗 See the full post on Instagram Main Course 🍔 Every month, $4,200 hits Khalil’s chequing account. And every month, rent comes out, as does groceries, gas, and his gym membership. He pays for occasional dinners with friends and whatever else comes up. Whenever he’s prompted to check how he’s doing, he...
Salam Reader, Here's what we're serving this week: 🥗 Starter: Money can serve or destroy you 🍔 Main Course: How Muslim couples unintentionally sidestep Islamic inheritance (even with a will). 🍰 Dessert: Ibn al-Jawzi's advice to his son Starter 🥗 🔗 See the full post on Instagram Main Course 🍔 How Muslim Couples Unintentionally Sidestep Islamic Inheritance (even with a will) When Aisha and Ibrahim bought their $500,000 Calgary home five years ago, they did what every home buyer does: went to a...