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Money saving and generating thread!

Posted: Tue May 20, 2008 1:43 pm
by *Nobleman*
Ok inshallah in this thread we should all post methods in which we can save or generate money.

Firstly in terms of saving....

Always budget your monthly expenses, either mentally or write it down. Theres not a better feeling when you come under budget for a month.

In supermarkets (UK), theres aisle that runs directly down the middle of the store, this aisle contains all the special promotion on branded goods. Usually the company makes little or no money on this aisle, instead they receive money from the producers of the goods. Stock up on this aisle, i bought enough dedorant, shower gel, creme and shaving goods to last me a year. (I know this because i worked in retail for 4 years).


For university students, apply for all hardship, special grants from your uni. Walahi this helps, i even finished uni debt free alhamdulilah.

Online shopping, dont be afraid, i usually go into store, observe the goods and then buy it at a fraction of the price on the internet. There are a lot of start up e companies that sell really low, even making a lost. However these companies usually go bankrupt in the first few month, therefore a quick realiable find is key.


Inshallah add more, i'll also add more later

Re: Money saving and generating thread!

Posted: Tue May 20, 2008 2:03 pm
by *Nobleman*
No tips guys?

Re: Money saving and generating thread!

Posted: Tue May 20, 2008 2:05 pm
by HELWAA
Like my granny said you only liv once injoy ur life and live for the moment...Saving has never been my strong side...I spend mony like there is no tomorro... :D

Re: Money saving and generating thread!

Posted: Tue May 20, 2008 2:09 pm
by Madd_Scientist_
*Nobleman* wrote:Ok inshallah in this thread we should all post methods in which we can save or generate money.

Firstly in terms of saving....

Always budget your monthly expenses, either mentally or write it down. Theres not a better feeling when you come under budget for a month.

In supermarkets (UK), theres aisle that runs directly down the middle of the store, this aisle contains all the special promotion on branded goods. Usually the company makes little or no money on this aisle, instead they receive money from the producers of the goods. Stock up on this aisle, i bought enough dedorant, shower gel, creme and shaving goods to last me a year. (I know this because i worked in retail for 4 years).


For university students, apply for all hardship, special grants from your uni. Walahi this helps, i even finished uni debt free alhamdulilah.

Online shopping, dont be afraid, i usually go into store, observe the goods and then buy it at a fraction of the price on the internet. There are a lot of start up e companies that sell really low, even making a lost. However these companies usually go bankrupt in the first few month, therefore a quick realiable find is key.


Inshallah add more, i'll also add more later
I think that's the key, once you've got a really good grip on your income vs your outgoings then you'll definitely save money.

Good topic :up:

Re: Money saving and generating thread!

Posted: Tue May 20, 2008 2:11 pm
by xidigow
HELWAA wrote:Like my granny said you only liv once injoy ur life and live for the moment...Saving has never been my strong side...I spend mony like there is no tomorro... :D
Adeer horta sidee lacagta lo kharashgreeyaa? Anig shillingkii aan helo meel baan ku xiraaye.

Re: Money saving and generating thread!

Posted: Tue May 20, 2008 2:16 pm
by Madd_Scientist_
Xidigow adeer is that shah?

Re: Money saving and generating thread!

Posted: Tue May 20, 2008 2:19 pm
by xidigow
Madd_Scientist_ wrote:Xidigow adeer is that shah?
:lol: adeer when you didnt bring the one you have promised, I had to make one for myself.

Re: Money saving and generating thread!

Posted: Tue May 20, 2008 2:19 pm
by HELWAA
xidigow wrote:
HELWAA wrote:Like my granny said you only liv once injoy ur life and live for the moment...Saving has never been my strong side...I spend mony like there is no tomorro... :D
Adeer horta sidee lacagta lo kharashgreeyaa? Anig shillingkii aan helo meel baan ku xiraaye.

Just spend it on urself..ur family and all the pple back home who have nothing ...Ilaahy baa ku barakeenaya...Isaga kuu arsaaqi soo maaha. :D

Aduunka waxaad ku leedahy waxaad aad xidhatey iyo waxaad cuntay.......inteeba iyaga oo lacag barkinsan dhintay.

Re: Money saving and generating thread!

Posted: Tue May 20, 2008 2:27 pm
by xidigow
HELWAA wrote:
xidigow wrote:
HELWAA wrote:Like my granny said you only liv once injoy ur life and live for the moment...Saving has never been my strong side...I spend mony like there is no tomorro... :D
Adeer horta sidee lacagta lo kharashgreeyaa? Anig shillingkii aan helo meel baan ku xiraaye.

Just spend it on urself..ur family and all the pple back home who have nothing ...Ilaahy baa ku barakeenaya...Isaga kuu arsaaqi soo maaha. :D

Aduunka waxaad ku leedahy waxaad aad xidhatey iyo waxaad cuntay.......inteeba iyaga oo lacag barkinsan dhintay.
Xaadsid baad tahay! Waxaad dooneysaa inaan waxaan haysto aan bixiyo oo aan meel cidlaah ku soo dhaco. Aad adiguna maalin walb igu tiraahdo oradoo Dahabshiil ka doono iyadoon waxba ool. Marka dambana, allah telephonka ha qabanina waa xidigow oo lacag raadinayeeh. Saas baad ila rabtaa soo mahan?

Re: Money saving and generating thread!

Posted: Tue May 20, 2008 2:42 pm
by HELWAA
Xidigow

The Prophet Muhammad (peace be upon him) said: "Every Muslim has to give in charity." The people then asked: "(But what) if someone has nothing to give, what should he do?" The Prophet replied: "He should work with his hands and benefit himself and also give in charity (from what he earns)." The people further asked: "If he cannot find even that?" He replied: "He should help the needy who appeal for help." Then the people asked: "If he cannot do (even) that?" The Prophet said finally: "Then he should perform good deeds and keep away from evil deeds, and that will be regarded as charitable deeds." - Sahih Al-Bukhari,

Re: Money saving and generating thread!

Posted: Tue May 20, 2008 2:43 pm
by HELWAA
The Prophet Muhammad (peace be upon him) said: "Blessed is the wealth of a Muslim from which he gives to the poor, to orphans and to needy travelers." - Sahih Al-Bukhari, Volume 2, Hadith 544



The Prophet also said: "Charity given to a relative it serves a double purpose, being both charity and a connecting link." - Al-Tirmidhi, Hadith 606

Re: Money saving and generating thread!

Posted: Tue May 20, 2008 3:09 pm
by eternauta
*Nobleman* wrote:No tips guys?
Energy saving bulbs lower the cost of electricity by as much as 75%.

Image :up: Image :down: