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 work-life balance. According to businessdictionary.com, work-life balance "is a comfortable state of equilibrium achieved between an employee's primary priorities of their employment position and their private lifestyle." All work and no play makes Jack a dull boy, thus, you should find a balance between work and play. Here are some tips to help you achieve it. 1. Do not check your email (work) after working hours, this will help improve the quality of time you spend with your family and friends. Thus, you should not be distracted by work when spending time with your family and friends. 2. When you decide to improve the situation of your work life balance, take it one step at a time. For example if you do not get to spend time in the evenings with your family during the week days due to coming back late from work, you should decide to spend one day a week and gradually increase it to two and then three till you get to spend the…
Hello readers, it has been a while. Hope you did not miss me much, the good news is I am back now. Today, I will be writing about competence. Competence is the ability that enables a company or an individual to deploy its resources effectively. It is neccessary for a company to have a competence target in all its business activities so as to deliver value to its customers. This will help create a competitive advantage for the company. Competencies must provide value to customers. It must be unique or able to develop greatly or be better than that of competitors. New products and services must be able to be developed as a result of the competence. It must be difficult for other competitors to obtain or imitate. Continually producing high quality products can make a company become a market leader (which is a core competence) as it provides a company with a competitive advantage. With high quality, higher prices can be demanded by the company from customers and the company will also be able…