Finance

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Financial Tips to Help You Buy Your First House

So, you’re finally ready to take the plunge and become a homeowner. Congratulations! Buying a house is a huge milestone but also a big financial commitment. It’s an investment that will likely be the most expensive purchase you ever make, so it’s essential to do your research and ensure you’re prepared before taking the plunge.

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Myths vs. Truths: Can You Trade Forex as a Practicing Muslim?

Muslim investors are often bombarded with information (and misinformation) about forex investing. For one, there are a lot of conflicting opinions about whether or not forex investing is permissible under Islamic law. And secondly, there are a lot of myths and half-truths circulating about forex investing that make it seem like a risky proposition. So,

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Income Protection: Why You Need It And How You Can Do It

Most people generally don’t have any issues when it comes to insuring their assets and properties. Physical assets like real estate properties, cars, and personal belongings are insured with no hesitations. The idea is people will do whatever it takes to ensure that their possessions and all the money spent in acquiring them are protected. However, most

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How to Define Financial Success in Your Early 20s

Success is not always about what you see on the outside. A person can feel successful on their own terms, and you find it hard to accept their definition because it doesn’t equate to what you were taught growing up. That’s because the older generations defined success as having a nice house, car, or money

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Growing Your Assets: Passive Income Streams You Should Consider

With the rising costs of living, increasing prices of commodities, and the economic fluctuations all over the world, depending solely on one source of income can prove to be lacking. It seems like the only way to cope with this demand is to juggle multiple jobs or income streams. Fortunately, there are ways in which

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Managing your Finances: Alternative Investment Choices

Investing is about making money, starting with a small amount, and making it grow over time. Whether you are an experienced investor or a novice, the basic principles of profit, loss, growth, and depreciation never change. When a company is doing well, its value will increase. If it isn’t, it will either stay the same

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Effectively Managing Debt as a Small Business Owner

Setting up a new business is a goal that most people will find rewarding and impressive. However, first-time entrepreneurs will face overwhelming responsibilities and challenges that will take up their time, effort, and finances. One such challenge is debt, a word that is well acquainted with small business owners. The term ‘debt’ might evoke a

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