This blog aims at equipping individuals with business and finance tools in simplistic terms. It convers both business finance and personal finance. It also looks at the actions that can help you run a business successfully. It has some juicy flavour in it. It also aims at getting individuals closer to Allah (SWT) Enjoy!
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Financial advice for disabled individuals
An accident that has made an individual disabled could be devastating. Basically, I believe a disability should not stop you from achieving your goals. You should read my previous article on disability. When a disability occurs the first action you should take is to pray to Allah to give you a strength to deal with it easily. You should also see it as an opportunity to develop yourself. Its good to note that not all disability are permanent, so if that is the situation you should do everything you have been guided to do so you can be healed.
For individuals with a permanent disability that does not incapacitate you, sooner or latter you will get used to it. You could also go for counselling to help you deal with it adequately. Afterwards start to go after your daily life as you used to, keep working if you are employed and if you are running your own business keep doing that. That will support you emotionally and mentally. Self respect will also influence the way you treat others and the way others will treat you.
Start making financial plans for the future, save money (halal) for the future, like 30% of your income monthly. You should also invest in other markets like gold, stock (halal). In other word, invest your money wisely and diversify your investments. For individuals that are incapacitated, some financial benefits are available to them through their government. In USA, it is called the disability benefit (security direct deposit). They actually pay directly into your account (you should open an halal account) if you are entitled to the disability benefit. The benefit given should also be spent wisely. You can get all the information needed from their website www.ssa.gov
In the UK, a disability living allowance is given to individuals with a disability; www.gov.uk/financial-help-disabled will provide you with all the information you need. You could also make a research to find out what disability scheme they have available in the country you reside in. Some charity organisations also help the disabled like the Lifestyle for the disabled inc, Mobility Aid and Appliances Research and Development Centre, Scope and others Halal means anything lawful Islamically. Keep checking out my blog regularly, Cheers!
Hello readers, today I will be writing about buyers behaviour when it comes to purchasing products (goods and services). I hope your week has been good. A buyer is an individual that makes a purchase. That purchase can be influenced by his/her emotions or his/her rational mind.
For your marketing strategy to be successful you have to truly understand the buying behaviour of your customers. Some customers buy goods based on trust and loyalty which falls into the emotional reasons. Thus, you have to build trust between your customers and yourself so they can return back to you. Trust is built when you offer good quality for reasonable prices.
Some products are bought regularly while some products are purchased seasonally. If your products fall into the seasonal category, you should only purchase them to be resold during that season. At times buyers purchase products on behalf of another individual. In that situation, you have to capture the mind of both the buyer and the actual person tha…