Exciting News!    Join me on an incredible journey as I dive into the world of travel hacking with none other than the remarkable Dr. Mohammad!  As a doctor, mom, and avid traveler, she's sharing her secrets on how to travel the globe using credit card points.   In our captivating podcast episode, we unravel the hidden gems of maximizing your credit card rewards for unforgettable adventures.  From dreamy destinations to insider tips, we leave no stone unturned in this thrilling exploration of wanderlust and financial savvy.   Dr. Mohammad's invaluable expertise and personal experiences will leave you inspired, equipped, and ready to embark on your own epic travel journeys.    Discover the secrets to making those coveted credit card points work for you, enabling you to explore the world in ways you never thought possible.   Remember to subscribe to our podcast for more captivating episodes with extraordinary guests like Dr. Mohammad. Share this post with your fellow travel enthusiasts and tag anyone who needs to know the secrets of traveling with credit card points! Let's spread the travel love!    You can find Samya on Instagram @doctormomstravel   #TravelHacking #CreditCardPoints #TravelAdventures #Podcast #DrSamya #Wanderlust #ExploreTheWorld

I know, I know…I said that last episode will be my last one..but who can resist talking to and inspiring from all these amazing women!   This week, I spoke with @oumhamdi1 , Jessica Elgamil, an amazing new friend I made this year. She teaches us all on how to set goals and achieve them. Jessica   Tune in to hear:   What is the power pivot? What is the arrow effect? Steps to strategize your goal: Identify your goal- is it realistic, time sensitive and achievable Laser focus Invest in yourself Gather your support system – natural supports Lean in when things get tough – strategic supports Put in the time- allow yourself setbacks Psychological safety of the power pivot     And please don't forget to share, rate, and subscribe.      #powerpivot #excel #wealthymuslimwomen #podcast #growth #investing #money  

Me, myself, and I.   Last episode? Midlife crisis ?  I realized that my life has been a constant journey of achieving the next goal…high school, college, medical school, residency, fellowship, kids… in all this, I’ve really forgotten who I am.    I want to pause to get to know myself again, to date myself, to appreciate, and to honor my inner being.    Tune into this episode to learn the stock investment option..But most importantly learning to invest in YOU!    What exactly does this mean? -give TIME to yourself, even if it is just 5 minutes to sip coffee alone. make healthy eating decision, replace that soda with water, replace the next donut with an apple.  Exercise, even if it’s a walk for 10 minutes  Read, open any book and start reading Learn a new skill The minimal investment each day will compound, just like pennies invested can compound to millions    With money, -learn to pay yourself first. Remember, even Uncle Sam takes the cut before we see it.  -utilize those retirement accounts.  -open a brokerage account, buy the ETFs/mutual funds.  -investing has become cheaper and easier -with a click of a finger on your smart phone, you can buy the ENTIRE stock market with a fraction of a cost    Remember to always put oxygen mask on your face first! No people pleasing, you won’t ever be able to make others happy or meet their needs.    What’s coming next in wealthy muslim women?    -> Book! Almost done. In editing process, it’ll be complete, easy to read, simple guide to building money   ->Find the wealthy muslim women journal on Amazon   ->Digital course with individual coaching on selective basis.    Love,   Saima 

Women & Money..  Conversation with my friend Shireen, a school psychologist on everything around money.  Money is easy.  Money is made to look hard because there are a lot of people making money from this.  Steps to creating wealth..... Pay yourself first.  Invest.  Protect. Make multiple streams of income.   Understanding the difference between investing and gambling.  Avoiding investing from hype or fear.     

Where do you want to STEER your life?  Stuff happens in the world. Thoughts occur.  Emotions are created.  Energy is spent. Results are seen.    This is the basic model of life, taught over centuries, by major philosophers, religious leaders, and thought leaders.    The day I learned that all of my pain is caused by my own thoughts, my life changed.    If my thoughts are creating my pain… then I must be able to change them and get a different feeling?  True!  All thoughts are optional.  The stuff that happens in the world is always neutral.  Two human brains can have different thoughts and emotions based on the SAME set of events.  This is proof that the events are neutral.  The results you decide to create in life, are depended on the thoughts you choose.   #life #lifecoching 

“O you who have believed, it is not lawful for you to inherit women by compulsion. And do not make difficulties for them in order to take [back] part of what you gave them unless they commit a clear immorality. And live with them in kindness. For if you dislike them - perhaps you dislike a thing and Allah makes therein much good.” Quran 4:19   What is the purpose of marriage in Islam?  Why are the divorce rates rising above 50% within Muslim community?  Is it degrading for a woman to out-earn her husband?  Is marriage a contract?  How can we protect the sanctity of marriage? When is divorce the only option? What are the rules of divorce?  What is Ihsan and what role does it play in marriage? What is the missing art of marriage?  What is the #Gottman method? How does it relate to teaching from the Quran and hadith?  What is the antidote to the 4 horsemen?    Join this week’s crucial discussion on the crisis of marriage in Islamic community with Saif Morad, a Master Life Coach.    Wealth is an abundance of valuable assets, the biggest assets are time (not even the richest man on the planet can buy more time), and relationships. Money is a tool we can use to achieve true wealth.  Women out-earning men has changed the marriage game.  “She doesn’t need somebody to take care of her financially, she can do that herself.”  Book recommendations: "The All-or-Nothing Marriage" "The New Rules of Marriage." Saif can be reached on his website and on instagram.       #Love  #mercy, #tranquility #Rightsn #responsibilities #islamandmarriage #khadijaRA #womenoutearnmen  #husbanandwife #quran #prophetmuhammadpbuh #theallornothingmarriage #newrulesofmarriage #marriage #divorce #lifecoach #gottman #hadith #fourhorsemen #antidote

How much money can you create?  Unlimited, YOU decide.  How do we create it? By creating value in this world.  Not by TIME or EFFORT, but how much value we are putting out.  3 Secrets to having an unlimited amount of money.  Belief that rizq is from Allah swt and HE will provide for you from places unimaginable Give back. Prophet Muhammad pbuh said charity increases your wealth, it multiples  Be grateful for what you already have. The Quran says “Be grateful, and I will give you more.” We also discusses multiple streams of income, including how simple it is to grow millions in the stock market by only investing very little.  Click here to go the FREE class on investing.  #multiplestreamsofincome #wealthymuslimwomen #money #investing 

This episode is inspired from book "Die with Zero" by Bill Perkins.  Once people learn that they can be millionaires just by saving a couple of hundred dollars per month, they sometimes go into extra frugal mode.  Not spending money on things they would enjoy and saving every penny.  This life is temporary, it is a test in itself. We came into this world with nothing, and we will leave this world with nothing.  Money is a tool. It can help to maximize our experience on earth.  We want to make intentional choices with our money, spending on experiences and things we enjoy.  The ultimate goal is to die with zero, passing down the wealth of the less fortunate and to the next generation.   Life is fragile. Pandemic is our biggest lesson. The biggest assets are time and relationships.  Even the richest person on the planet cannot buy more time.  If money can help you work less and spend more time doing things you enjoy the most..then money has done its job. This is why the first module on “money is easy course” is all on the money mindset. To help with scarcity beliefs and really figure out what happiness is.  Please subscribe and give a 5 star rating to the podcast. 

“It is the duty of a Muslim who has anything to bequest not to let two nights pass without writing a will about it.” (Sahih al-Bukhari) This is not only a requirement in Islam but a necessity today.  Only two things are certain in life, #taxes and #death.  Planning for death requires setting up a will.  In many cases, a will is not enough. To avoid #probate, and loss of money to courts, accountants, & lawyers, one must set up a trust.  In this episode, I speak with @siyamlawcenter, Meha Siyam Esq. to discuss why this is a crucial obligation that must not be avoided. Meha can be reached at siyamlawcenter@gmail.com or on on instagram.

Forgiveness is a conscious, deliberate decision to stop feeling angry or resentful towards someone for an offense.  Forgiveness does not mean forgetting or condoning.  Forgiveness is about us. The requirements are to stop feeling angry and resentful towards someone. The reason why people don’t forgive is wrongfully believing that by holding a grudge … we are hurting the other person.  This is absolutely wrong. Others do not experience our feelings.  The other person doesn’t have to do anything different for you to feel better.  Forgiveness does not mean that you drop your boundaries.  Forgiveness doesn’t imply that you have to live in a toxic environment.  You can move away and forgive.  Forgiveness is extremely emphasized in Islam.  Forgive people so that Allah forgives you. "And we did not send before you, [O Muhammad], any of the messengers except that they ate food and walked in the markets. And we have made some of you [people] as a trial for others--will you have patience? And ever is your Lord, seeing." [Surah Al-Furqan 25:20] This life is full of tests and trials. Many times we are tested through people in our life. "And we did not send before you, [O Muhammad], any of the messengers except that they ate food and walked in the markets. And we have made some of you [people] as a trial for others--will you have patience? And ever is your Lord, seeing." [Surah Al-Furqan 25:20] If we keep blaming others for whatever they did or try to prove they were wrong, there is no momentum forward.   #forgive #moveforawrd #noblame #wealthymuslimwomen #podcast #healthiswealth #mentalhealth #grudge #empathy #angry #resentful #quranquotes #jummahmubarak #islam #quranforguidance #muslimwomen #muslimwomenboss #gratitude #fear #usmuslims #nyc

The Internet & social media have opened up a tremendous amount of opportunities to make a ton of money.  In this episode, Samrah speaks about how she’s made her fortune through Amazon.  FBA- fulfillment through Amazon.  Outsourcing your online selling to Amazon.  Dealing with customer service.     Tune in to learn all the hows, the pros & cons of selling on Amazon.

Let’s kick start this podcasting journey after prolonged maternity leave.  “It’s going down”....the panic about the next stock market crash is setting in.  Relax! The stock market goes up and down.  Stop trying to time the market.  Instead, develop regular investing habits.  Wealthy people do NOT obsess about their money. Tune into this week’s podcast to learn how to avoid making big mistakes (selling/buying) based on hypes.  And remember to check the FREE course on the stock market by clicking here.  

"Almost everything will work again if you unplug it for a few minutes, including you." Ann Lamott.  In this episode, Dr. Serene Shereef, a General Acute care and Trauma surgeon, along with being a mindfulness and productivity coach, walks us through getting things done.  We've all had those moments wishing we had extra hours in the day. Dr. Shereef left her full-time job as a surgeon to create more balance.  This is Dr. Shereef's bio to connect with her further:  Dr. Serene Shereef is a Trauma Acute Care Surgeon, and Mindfulness & Productivity coach who helps high-performing women struggling with burnout and overwhelm to take control of their time, mind & energy.   Her MAPS (Mindfulness And Productivity Systems) Framework is a powerful tool that combines the energy of mindfulness with the scientific principles of habit building and your unique systems of productivity.   Her goals are to help you discover clarity, design your dream life, and build NanoHabits as well as Mindful Productivity Systems that help you live your best life!   You can contact Serene at serenitywellnessMD@gmail.com or through her website at www.serenitywellnessMD.com. She has a multitude of free resources to help you get started with your Mindfulness & Productivity Journey including “Mindfulness and Productivity Systems” Podcast, FB @ https://www.facebook.com/serenitywellnessMD, IG @serenitywellnessmd  

Money - A Muslim Kid’s Guide to Getting Wealthy  “One child, one teacher, one book, one pen can change the world.”  -Malala Yousafzai As my daughter and I were speaking about money during our lock-down, she insisted that other kids must learn about this too. She came up with the idea to share this information in a book.  This book is a pandemic, maternity lock-down blessing. Albert Einstein stated that Compounding is the greatest gift to mankind.  The earlier the kids learn to invest, the greater the return.  Some ideas to teach kids how to manage their money are: Showing them that things cost money. Let them use their allowance money to make purchases at stores, by physically giving the money to the cashier.  Give allowance. I personally do not believe in giving commissions, which is money for chores. These are normal parts of daily living, you don’t get rewarded for folding your own clothes or washing the dishes.  Emphasize giving. A small portion of our savings does not belong to us, it belongs to those in need.  Use Jars for saving, spending, and sharing. Letting them develop smart habits from the beginning.  Have a family budget meeting.  Let them think about different ways of making money. And teach them to start retirement accounts early (the magic of compounding). We are grateful for the positive response, please tune into our conversation on creating this book.    Special thanks to Aisha Gohar, please click here to see her Instagram profile. And Thank you Mrs. Hashimi for her inspiring podcast for kids.    

Raising the next generation of wealthy-minded, strong Muslims carries a tremendous responsibility. Luckily, we live in an era where technology has made sharing knowledge and skills feasible.  Our lives became richer after we discovered the "Once upon a Crescent" podcast during the pandemic.  Mrs. Hashimi, a former teacher, started this podcast, Islamic bedtime stories for kids. These are NOT just ANY stories. She has a beautiful, creative style to share the wealth of knowledge from the hadith, the Quran, and current events. My kids love this podcast, the only downside is, I do not get to listen to my audiobooks or podcasts. Though, even as an adult, I am able to take so much away from these stories.  Please be sure to follow Mrs. Hashmi on Instagram Also, please support her by joining the Patreon program.

Breaking the stereotype.   “You can be an empowered Muslim woman, and you can be observing niqab. You can be in the role of supporting your family, a scuba diver, or a CEO. “ Dr. Kanwal Akther.   A mom, a physician, and a life coach.   Dr. Kanwal speaks about her journey growing up, assumed to be introverted, taking orders from others.   Her podcast is called “Islamic Life Coach School” and filled with gems and pearls of wisdom.

Do you want to be rich or wealthy?   Rich people are high-income earners.   They have to continue to keep working to maintain their lifestyle.   It is the difference between buying liabilities vs. assets.   Rich people acquire liabilities, wealthy people make their money work for them.   Tune into this week's podcast to hear more.    

    I’ve never had a baby while having covid. I’ve never been a mom to 3 kids. I’ve never been in social isolation. I’ve never had to feed, pump, feed (tripel feed). I've never had to stretch my baby's wounds.   This episode is on productivity.   The challenges that I am facing to overcome the brain barriers to living an intentional life.   Money is 20% knowledge and 80% mindset.   Achieving the right mindset is truly being wealthy. Acquiring the right mindset is continuous work.   Our brains like to be efficient (lazy), seek pleasure, and avoid pain.   I re-started my journey on productivity by reading "The Productive Muslim" by Mohammad Faris.   This book is full of gems, I'll share more words of wisdom in later episodes.          

The secrets to wealth are simple and they have not changed. One of my favorite books is “The Richest Man in Babylon.” It offers cures to poverty:  Start thy purse to fattening Control thy expenditures Make thy gold multiply Guard thy treasure from loss Make of thy dwelling a profitable investment Insure a future income Increase thy ability to earn Let's discuss what meaning they hold in today's economy.     

Sadness. Joy. Laugh. Weep. Excitement. Friendship. Suffering. Love.    Experience the kite festival in Pakistan, a hail storm in the deserts of Saudia Arabia, & the hustles of NYC.    This book is a compilation of personal essays that will move your heart.    Chai Chats.    You don't want to miss out on this heart-touching read.    Click here to connect with Sana.  

In this very special episode, Uzma Jafri and Zaiba Hasan, hosts of the "Mommying while Muslim" podcast, join to talk about the giving circle.    This model is very similar to the vision I have of a charity organization: 1. Transparent 2.Low expenses, most/all money used for charitable efforts 3. Invest/grow the funds 4. Create sadaqa Jarriya    Here are the links for more information:    The American Muslim Women's Giving Circle: https://amuslimcf.org/donors/giving-circles/womensgc/    Donor-Advised Fund link:  https://amuslimcf.org/donors/dafs/   Current nonprofits approved by AMCF:  https://amuslimcf.org/nonprofits/funded/,  this list is dynamic and always growing as more nonprofits apply for giving circle and Donor-Advised Fund grants.   Uzma and Zaiba are also hosting an event this Sunday to speak about it further:  https://fb.me/e/1mjLXu0d4

Digital assets have made the headlines this past year. Bitcoin has gone from ~5k to >60k.  Should you be investing in cryptocurrency? How do you start?  Is it safe?  These are the questions we explored in this episode with Ayesha Kiani, a VP of Business Development at LedgerPrime, a leading quantitative hedge fund focusing on digital assets. Ayesha is an Adjunct Professor at NYU Tendon Scool of Engineering, teaching courses on blockchain and Distributed Ledger Technology. 

We usually carry around an instruction book for how the world should behave so we can feel better.⁣ ⁣ Instruction manuals for ourselves and for other people around us. ⁣ ⁣ -My husband should come home on time. ⁣ -He should take the trash out. ⁣ ⁣ And when the other person does not follow our manual or doesn't do it right, then we are distraught. ⁣ ⁣ We go back to emotional childhood where we are blaming and depending on others for our emotions. ⁣ ⁣ The worst is when we have manuals for ourselves and then beat ourselves up for not living up to our expectations. ⁣ ⁣ How can you take full responsibility for your life and take all the power back? Tune into this episode. ⁣ ⁣ p.s. I will be taking a little maternity break to heal, connect with my family for the next 3-4 months. ⁣ ⁣ p.p.s what goals did you set for 2019 and how much were you able to accomplish? I also discussed a few of my financial goals and how 2020 has been a special year full of challenges. ⁣ ⁣ p.p.p.s. Please don't forget to subscribe, rate, and share the podcast. ⁣

At times, we are in a rush to leave a situation to make things better for ourselves.  Leave an unhappy marriage to find the next prince charming. Leave a job, due to a "bad" boss. Move to a new location to find happiness.  When we do things in a rush and desperation, we are making decisions from a negative place without really exploring what is making us unhappy.  Most of the time we end up in a similar situation again.  Why? Because the external world is not responsible for how we feel. We end up giving too much power to the external world.  To get our life back: We need to learn to manage our emotions internally. Make our decision from a place of responsibility, because only we are responsible for how we feel.  (Disclaimer: NOT speaking about abusive marriages. If you or someone you know is in an abusive marriage, please seek a professional therapist.)

We are speaking about creating healthy relationships this month. Relationships are one of the greatest assets we have. We want a healthy relationship to help achieve our goals, and to avoid big financial setbacks including a divorce. Relationships are our thoughts about someone. They are not dependent on how one behaves. This is the secret to the universe. You can improve your relationship with someone by having great thoughts about them. When we start to complain and criticize, people become defensive. I hope you enjoy this episode, do let me know what you think. And don't forget to subscribe, rate, and share the podcast.

Your mother-in-law is lovable.  Wealth is an abundance of valuable assets. What are some of the most valuable things? Yourself - your mental and physical health Relationships Money: Money is a tool that helps us to create more time for the things that really matter.  We want healthy & beautiful relationships to live a fulfilled life.  Healthy relationships help us grow & achieve our goals.  Also, a divorce can be a very costly process.  When it comes to relationships, one of the most common things I see people suffering with is hate and resentment for others.  It can be for a spouse, parents, or in-laws.  The argument is that this person did me so much wrong, that I could NEVER love them!  I could NEVER forgive them.  But the truth is that you are NOT hurting the other person by hating and resenting them, you are HURTING YOURSELF.  Who feels your emotions?  Only you.  Tune into this episode to on love. We will be exploring how to build healthy relationships in November.  Please subscribe, rate, and share the podcast. 

Increasing self-confidence comes from changing your thoughts about yourself. You can increase it by considering the possibility of what you can create in the future. The more certain you are of the possibility, the more confidence you will have moved towards it. Afraid of failure. Afraid of disappointment. Imagine your life if you were willing to feel both of these feelings without resistance. Fear doesn’t prevent self-confidence—the unwillingness to feel fear does. Please subscribe and rate the podcast. 

When you have more self-confidence, you will: set more goals take more action talk to more people take more risks achieve more believe beyond your current capability and capacity live into your future Our minds can keep us from taking actions. We are provided with excuses such as we do not have time, we don't have the ability to conquer our desires. But these are just thoughts. You always have enough time. You are able to plan and live your life the way you want.  Click here to schedule your coaching session and change your life.

Why do we lack self-confidence?  We don’t trust ourselves. We are afraid of feeling our emotions. Our opinion of ourselves is very low. This month we are spending on developing self-confidence. Self-confidence allows us to take action to develop wealth. Most setbacks are in our own minds.    If you are interested in individual coaching, please click here to fill out the form.   Please rate, subscribe, and share the podcast. 

The month of October will be dedicated to developing confidence and self-confidence around money.  Money is 80% mindset and only 20% actual knowledge.  One of the reasons we don't take action is because we lack the ability to trust ourselves.  Confidence comes from experience.  Self-confidence comes BEFORE we actually learn a skill.    p.s. please rate, subscribe, and share the podcast.  p.p.s. I am offering mini-coaching sessions, if interested, please fill out the form on my website by clicking here.

Little steps taken on a regular basis have a profound effect over the long run.  Would you rather a million dollars today? Or a penny doubled daily for the next 30 days??  Small investments can take us a long way! There is a tipping point. Tune into this episode to learn how small steps taken on a daily basis can have a huge impact on our life.  Please subscribe, rate, and share the podcast.  :)

What is a life coach? Someone who can help you get a perspective on your life and your mind.  Not a friend who will help you in self-induced suffering. Not a therapist who treats mental diseases. It is a game-changer for good. Taking healthy people and helping them make their good lives awesome.   

Earning is being able to create value AND being open to receiving. Being open to receiving without attaching negative thoughts to it, like you are taking money from someone else.  Remember, the more money you create, the more you are able to give back. The more you are able to serve the world. Business owners create jobs that help pay for other people and their kids. Don't forget to sign up for Money is EASY!! And please subscribe and rate the podcast. 

How money is created? Everything starts with a thought! You have thought about how much money you want is the first step.  If you’ve watched the Secret documentary, the main focus is the thought. However, a thought by itself will not actually help you create money.  We can sit and dream about having millions of dollars but that may not come unless we take the actions to create it. Our actions come from our feelings, we do things or avoid doing things because of the feelings we are having. And guess what? Our thoughts create our feelings.  p.s. Please subscribe and rate the podcast if you are enjoying it.  Learn to invest money with me!

Eid-Mubarak.  This week's special episode about leaving a legacy behind.  What are donor-advised funds? What multiple tax-advantages, and how can you leave a legacy, sadaqah jarriya for yourself? Tune into this episode for more information.    Also, only 2 more spots left for Money is EASY! online course.  

Did you know that most millionaires are first-generation, and most wealth is NOT inherited? Do you want to learn how to live and invest like millionaires? Join Money is Easy! , a comprehensive, valuable based pack, that will take you from a beginner to investing like a pro in 6 weeks.    Visit: Money is Easy! to learn more. 

Our taxes are being delayed this year due to poor book-keeping. Thus, I had to start learning this new language, though, it turns out it is not very complicated. When it comes to money, I encourage you to learn to do all on your own. You can outsource things later, but if you do not know how it works, then you cannot check other's work either. Only you care the most about your money. Also, please check out this most comprehensive, value-packed course I create, Money is EASY!

Wealth is defined as an abundance of valuable assets. Most valuables things are ourselves, our mental and physical health. And our relationships. Money helps us achieve our goals in these areas. In this episode, we discuss how to improve our relationships. 

What does it take to start a business as a young woman? ⁣ ⁣ Hear it from Nida, the founder, and designer at @headedsomewear ⁣ ⁣ A young entrepreneur, who started her business journey during college as a MATH major! ⁣ ⁣ To be great, you must learn to think outside the box. ⁣ ⁣ Tune into this amazing discussion on what it takes to be successful in business. Including the failures and critiques, that are part of the journey. ⁣ ⁣ Also, how to collaborate with fellow women to build and empower each other. ⁣       You can follow Nida on Instagram.    And her website for designs.

This is a conversation with an amazing attorney, Amina Rashad, Esq.  “And whoever fears Allah - He will make for him a way out. And will provide for him from where he does not expect.” Al-Talaq, 65:2-3⁣⁣ ⁣⁣Marriage is highly encouraged in Islam. It has many beautiful aspects. ⁣⁣ ⁣⁣However, a relationship can become unhealthy. Thus, divorce is not only allowed, but a woman has a right to get a divorce. ⁣⁣ ⁣⁣Divorce can be detrimental to once finances. ⁣⁣ ⁣⁣You can start a marriage with a strong foundation by discussing many of the issues that might arise later. ⁣⁣ ⁣⁣Who will handle the finances? Is the wife expected to contribute financially? ⁣⁣ ⁣⁣It’s never late to consider a post-nuptial agreement. ⁣⁣ ⁣⁣These discussions do not mean that you do not trust your partner, but it can help to protect both parties in case things go wrong. ⁣⁣ ⁣⁣It can provide peace of mind and safety. ⁣⁣ ⁣⁣I highly encourage that all couples should seek legal advice before starting a matrimonial journey.⁣⁣ ⁣⁣ Amina Rashad, Esq. is licensed in NY and NJ. You can reach her through her business page or her website. ⁣ ⁣⁣Facebook Page Website

Isn't it risky to invest in the stock market? Nothing in life is risk-free.  Your money sitting in cash loses value over time.  There is a difference between investing, speculation, and gambling.  You can minimize risks by: -Avoiding individual stocks.  -Never invest in something you are not familiar with.  Please tune in to this week's podcast. And don't forget to check the stock market training on the website: FREE stock market training  

An emergency fund is to cover any financial surprises, such as : Job loss. Medical or dental emergency. Car troubles.   Emergency fund's benefits include: Less Stress keeps you away from high fees, high-interest rates, and penalty accounts ~80% of Americans live paycheck to paycheck.  If you enjoy listening to this podcast, please subscribe and rate.  And don't forget to check out the stock market training by clicking here.

“Could it be that all along, we have lived the life we should have lived and that everything we’ve done has been what we should have done.”  -Byron Katie I was supposed to attend a workshop by Bryon Katie in June. I've enjoyed listening to and reading about her teaching. This is an episode on Byron Katie's teachings and the concept of Qadar in Islam.  It is interesting to explore thoughts especially given the uncertainty of today's world.   

Money is never a problem until we use our thoughts to make it a problem. When do we have enough?  The amount of money you have now is the result of your previous money thoughts..and the amount of money you will create in the future will be the result of your current thoughts.  Our energy and approach are different coming from abundance vs. a place of lack.  What are your thoughts? Money was  _________________. Money is ______________________. Money will be ____________________.    Tune into this episode on a discussion around scarcity and abundance mindset.  And don't forget to check out the stock market training by clicking here!

Got a chunk of cash to invest?  Lucky you! Now you might be wondering if you should invest all of it at once or put a little bit into the market? That’s what we will discuss in this week’s episode. What is dollar-cost averaging and if it is a good idea.  The answer really depends on your psychology.  Also, Ramadan Kareem! I will be taking a pause from recording podcasts, but I am available otherwise iA. Please feel free to email me admin@wealthymuslimwomen.us if any questions. And don't forget to check out the FREE stock market training by clicking here!

In this week's episode, Dr. Hani Ahmed and I talk about money. Dr. Ahmed and Dr. Hussein are hosts of Professional Muslim Women podcast. We discussed budget, debt, investing, and everything else related to finance.  Please check out and let us know if you have any further questions.  Click Here for FREE stock market class

CARES: Coronavirus Aid, Relief and Economic Security   to help provide financial stability for individuals and businesses impacted by COVID-19. It is a $2 trillion stimulus bill, signed into law on March 27th. It is the largest emergency aid package in our history. It will send money directly to Americans affected by the virus.   Broad - addressing the number of industries, and still a lot to understand. Let's concentrate on 2 main objectives: Individuals and Small businesses.  

  “It is the duty of a Muslim who has ANYTHING to bequest, not to let two nights pass without writing a will about it.” Sahih al-Bukhari   To read the show notes, click here.    

  We have an amazing guest today, Andaleeb Hamad.  Andaleeb is a 1st-grade teacher and mindset coach for moms. She helps mom deal with all mom related issues, including mom guilt and overwhelm. In this episode, she speaks about her journey as a SAHM, feeling unfulfilled, and finding her path to teaching. We also discussed how to speak with our kids regarding this pandemic. You can connect with Andaleeb using the links below.    Regarding the stock market, it went up for a little bit on Monday, then decreased again. This is normal. We are living in the world of a pandemic. The cruise lines took a big hit. This is why I speak about mutual funds and ETFs a lot, not individual companies. Mutual funds are self-cleaning. Tune into to hear what that means.  We never want to buy/sell in hype or a panic.      You can connect with Andaleeb in her Facebook group called: Positive Minded Women. On  Instagram and Facebook Page 

Well, the 11 years of the bull market ended with this new virus scare. We are officially in the bear market, with >20% drop. What does this all mean? What lessons can we learn?  First discussion regarding the coronavirus, why this particular strand is so dangerous. Then we discuss the importance of an emergency fund. Also, discussing that the market goes up and down. It can seem like a roller coaster. But over all, the market goes up. Many protective blocks have been placed since the Great Depression, which dropped the market by 90%.  We, as Muslims, do believe at the end of time. Qayamt is inevitable, if this is the end of times, then money does not matter anyway. :)   

What investment strategies to use during the dip?  Coronavirus is around now, remember to wash your hands. Do not go to work or school if you are sick.  Regarding the market, the best advice John Bogle received is that  "nobody knows nothing." Understanding the difference between investment, speculations, vs. gambling.  FREE guide to Secrets to Wealth

Time: the most valuable asset we have. It is a finite resource.  Bill Gates and Warren Buffet also get the same 24hrs/day, 7days/week, just like us! Some people can accomplish more in life.  This is a skill, we can all develop it.  Do remember to register for the newsletter by going to the website: www.wealthymuslimwomen.us email: admin@wealthymuslimwomen.us with any questions.  I would love to hear your insight. 

"I am a businesswoman." This episode is inspired by an Instagram post by confessions of a Muslim mom, my reasons for starting this podcast. We need to learn to dissociate money with feeling icky and ashamed. I want all women to have lots and lots of money. We need money in good hands. Money can be used for many generous causes, but it is ok to want to have money just to make our lives better too. It is ok to want money for our own families.  Tune into this episode to hear about my journey in this business.  And check out Secrets to Creating Wealth download on the website.  You can also read the show notes for this episode on www.wealthymuslimwomen.us 

I was honored to have Alia Jamal on this episode, teaching us what it means to love our self and how to attain this.  Alia explains that there are 3 levels of self-love. First level is part of self-care, including massage. Second level is self-awareness, when we start to monitoring our thoughts. Third level is accepting ourself with our flaws.  Check out Alia's facebook page : https://www.facebook.com/aliajamalcoaching/

I had pleasure of speaking with Shazia Imam for this episode. Shazia is an award-winning speaker, and host of the Top 12 Podcast -Feminine & Fulfilled. Shazia is a life coach, who describes her soul's calling to help women unleash their authentic self and to live purposefully.  In this episode we discuss what it means to be authentic and live purposefully. Of course, we did not forget to speak about creating and building wealth. We discussed about scarcity vs. abundance mindset.  Shazia also shared a free gift with us. To learn more about Shazia, please visit : The Life Engineer . Also, please do not forget to check out information on my online courses : Wealthy Muslim Women Courses  Please subscribe, rate, and share the podcast.    

Are you excited about the tax refund? Tax refund is not necessarily a great thing, this is basically the money you lended to the IRS at 0% return. This is your money being returned to you. Tune into this episode to learn more about standard vs. itemized deductions and tax brackets.  Also, do not forget to register for the upcoming course :  https://courses.wealthymuslimwomen.us/offers/wX2L2FA5/checkout And a free work-life balance training : https://wealthymuslimwomen.us/courses/

What is the difference between ETFs  (Exchange-Traded funds) and Mutual funds?    Similarities : Both are professionally managed group of stocks or bonds.  Both carry less risk than buying 1 stock Both offer a variety of investment options Both can follow an index funds, e.g. the S&P 500.    Differences : Can buy an ETF for the price of 1 share. There is a  minimum investment requirement for mutual funds, around $2-$3k.  For ETFs you can purchase them at market price. However, mutual fund price is determined at the end of the day.  No automatic investing or withdrawal option available for ETF.  ETFs might be better tax efficient, because the capital gains tax is realized when you sell the ETF. ETFs are more passively managed. For Mutual funds, they are rebalanced, managers buy and sell securities, generating higher capital gains.    Example of top performing ETFs and Mutual funds : ETFs Mutual Funds VOO. Follows the S&P 500 index. Expense Ratio : (.04%). Current share price : ~$305.  VFINX. Also S&P 500 index. Expense Ratio : (.14%). Minimum Requirement: $3k. FZROX. Fidelity total market index fund. No trading fee, no minimum requirement.  2. FDFAX. Fidelity select consumer stapler.  Minimum requirement: $2k. (ER : .77%) VHT. Tracks health care index. No minimum requirement.  3. VGHCX. Vanguard Health Care index fund. Minimum investment : $3k. Expense ratio: .34%.    Please subscribe, rate, and share the podcast.  :) 

One of my friends recently asked me how I have my life put together ? And the honest truth is that I do not.  I struggle. I worry. I am learning.  The skills that I have learned over the last couple of years have really helped. I am glad to say that I am at a spot where I am content with myself and my surroundings, however, I still have a lot to learn. One of the major secrets I’ve learned is that we cannot change other people, we have to learn to adapt to our environment.  As I was learning all these things, I wanted to share this with all, thus the reason for starting this podcast.  In this day and age, it seems like we are living fake, pretend lives. There are two examples : People who do not have wealth, are living in debt, are pretending like they are living rich lives by showing the expensive food, clothes, bags, and vacations.  On the other hand, we have true wealthy people, who have figured out the secrets of life, they have found success with money and in relationships, but are not willing to share. Their reasons for not sharing vary, from the fear of being judged because they have it all, vs. fears of jealousy.  And my view on this is that these are both lies. Whether we pretend to be living happy lives when we are sad, or we are pretending to be living unhappy lives when we do have it all.  Please don't forget to subscribe, rate, and share the podcast if you are enjoying. 

Teaching financial responsibilities to kids is crucial. It is unfortunate that most states do not require financial education during school. Financial knowledge is a vital skill. It is never too early to start saving for you kids. College costs keep creeping up. If your child has a job, you can start a retirement account for them. One of the major advantage kids have is that money has long time to grow, given they may not need the money for retirement for another 50-60 years.  Some accounts to consider are : -529s - every state offers them. Some states also offer tax deduction benefit. However, the major benefit of these accounts comes from tax-free growth and tax-free withdrawal. One of the major expense in this country is taxes! This will help avoid that.  -Roth Retirement account - Again, major benefit being tax-free growth and withdrawal. These accounts are also wonderful in that you do not have to reach retirement age to use them. You maybe able to use some portion towards buying your first house.  -UGMA and UTMA are similar to irrevocable trusts. The money does not belong to you anymore, and full control transfers over to the children at age 18 or 21 depending on the state.  -Other regular custodial investing accounts are also allowed for kids. They can learn to purchase their favorite companies like Disney.  If you like the podcast, please subscribe and rate it.  Also, do not forget to visit the website to read further articles about life and finances.  www.wealthymuslimwomen.us 

Podcast #27 : Financial Resolutions for 2020 What are your 2020 resolutions ? I like to revisit goals/resolutions everyday, every week, and every month. Everyday is a new beginning, do not get discouraged and abandon the resolutions for the entire year if you are not keeping up with them after January. Re-evaluate, and see if you still want to accomplish those goals and what you can do differently to achieve them.    It is also helpful to look at our prior year and see what our best investments were. My best investment for 2019 was learning to manage my own emotions. This has improved my whole life. Once you learn to recognize your emotions : sadness, anger, anxiety, happiness,  this gives us power. Then being able to just sit with our emotions, instead of reacting with actions like over spending, over eating, yelling back, is empowering.    For me, the cycle was feeling awful for whatever reason, eating to try to feel better, feeling guilty about the eating, then eating again, it was a perpetual cycle.    I am glad that I invested my time in reading different books and listening to different podcasts. I am still learning, but this was a major accomplishment.    My big suggestions for next year :    Invest in yourself → it can be time set out for yourself to read a book, workout, or do nothing!  Read a financial book, I recommend : https://wealthymuslimwomen.us/product/the-bogleheads-guide-to-investing/   Check out the book section for my other favorite books. Books open up a new world.    Track your spending : knowing where your money is going is the key to better finance. You can do it for free on a paper, google sheets, microsoft, mint. Or other apps like YNAB.    Calculate your net worth. I have been doing it almost monthly now since entering positive net worth phase, but you can do it every 6 months. This is an easy calculation, assets minus your liabilities.  https://wealthymuslimwomen.us/net-worth-calculator/   Learn to pay yourself first, start saving. Get in the habit, even if it is little money.    Make a plan to pay-off your debt. My goal is to be under 100k for my student loans by December 2020.    Learn to invest your money. Money sitting in cash at home loses value. Let your money work for you, instead of you working for your money. There are tremendous amount of resources out there for this.    Write your Will, this is highly emphasized in Islam. I want to review my will again and see if any changes are needed.    Lastly, money is very important, money buys us time to spend with our kids and our loved ones. We love money. But the point of money is to have time and spend it where we value it the most.    Some of my personal goals are : to learn quran again with tafseer and deeper understanding, gym 2-3x/ week, meditation, and continue to eat right.    For my Kids: discover new games with them. We are now learning chess. Jenga is our favorite. Also, deciding for school.    My couple goals with my husband : Planning date night dates, learn how to dance , more bicycle tours this year, iA.    For Wealthy Muslim Women: I want to take this to another level. I have big goals and aspirations.    I would love to hear what you are planning to do next year. Please do share.    Also, please subscribe and rate the podcast if you are enjoying. And do not forget to share it with your friends.

Health is wealth. Our bodies, are one of the biggest assets we have. We must learn to take care of ourselves. Obesity can lead to many medical issues. We are aware of how to lose weight: we should not over-eat, we must avoid processed, junk food, high in sugar. However, we are still not able to accomplish this. Food is pushed on us from every direction. You'll see food commercials everywhere. We are taught to eat when we are sad, we are taught to eat when we are happy. Prior to 90s, we mostly had breaks from food during the day, later snacks started being pushed as well. Now, our bodies do not get a break from eating throughout the day. The sugar also acts as addictive substance, raising dopamine. At the same time, this food not nourishing. Thus, our bodies are always hungry, asking for nourishing food. Food needed to survive is very little. What helped me with losing over 45 lbs is becoming more aware of my thoughts around food. Other crucial steps which helped me are : *Sleeping at least 8 hours per night *Drinking water, sometimes thirst cues are confused for hunger *Intermittent fasting , Ramadan helped with this *Not over-eating. *over-coming scarcity mindset *Exercise has tremendous amount of health benefits, however, it should not be used as vehicle for weight loss. We should aspire to exercise for the health benefits, including weight loss, but be aware of this turning into an excuse to eat anything.  Please subscribe, rate, and share the podcast if you are enjoying.  Also, visit the website, www.wealthymuslimwomen.us , for more content.  

“Success is not final; failure is not fatal: It is the courage to continue that counts.” –Winston S. Churchill The road to becoming a physician has not been an easy one. -I cried to sleep on so many countless nights -I felt isolated, working >80 hours per week, spending holidays away from family -going through an abusive marriage during residency did not help with the circumstances -becoming a mom is the greatest gift I have received. However, other challenges like: no maternity leave, being asked to breastfeed in the bathroom, having to trust strangers to take care of my most valuable possessions, were difficult to navigate through. But was it all worth it? Absolutely! Follow your passion. The road may not be easy, but it'll be worth it. Being an epileptologist was a dream career that I did not even know existed. Things will fall into places. I love it when my daughter pretends that she's "on call", or when she says that she's going to be a doctor just like her mom.  If you enjoyed this episode, please subscribe and rate the podcast. It will help tremendously. All feedback is welcomed.  Also, don't forget to visit the website for more blog articles : www.wealthymuslimwomen.us And do not forget to checkout the webinar →  https://courses.wealthymuslimwomen.us/offers/pWvnpCs2/checkout      

Podcast #24 : Speaking with Your Spouse about Money Financial disagreements can increase the chances of divorce significantly.  If you are having money problems, there may be other issues underlying it.  Some tips to navigate this : Learn to agree to disagree.  You will not 100% agree on all issues with another human being. This is not a problem, this is normal. It is OK to have some different opinions. Having different perspectives does not mean that you do not belong together.  Schedule these talks : Do not bring up the bothersome topic at every chance you get. This will ruin the relationship and your time at hand. Schedule either weekly, or monthly meetings to discuss these topics. Outside of this scheduled time, enjoy each other’s company. Do not bring up things that will stir trouble, you can make a habit of writing down the thoughts in a journal to discuss at the next meeting.  Talk about their money beliefs. How did their parents handle money? Were there money fights? Were they allowed to spend money as desired or very restricted? Discuss your own money beliefs. Our behavior is greatly impacted by our environment.  Come prepared. Bring your budget. Speak about your money mistakes.  Speak about your common goals. When would you like to retire? What vacations would your like to take? Do you want to send kids to public or private schools? Do you want to fund their higher education?  Last, but not least, always remember that your spouse is NOT the problem, the problem is the problem. You are trying to work on achieving common goals. Do not blame each other as a person, but discuss how the issue at hand might be solved. If one person is over-spending on shoes, clothes, or other items; it may lead to less money for other things as: financial independence, vacation budgets, education funds.  Please subscribe, share, and rate the podcast, this will help tremendously. All feedback is welcomed.  Visit the website for more blog articles : www.wealthymuslimwomen.us Do not forget to checkout the webinar →  https://courses.wealthymuslimwomen.us/offers/pWvnpCs2/checkout

2019 has really been a life transformation year for me. I had tremendous growth personally, in my relationships, and financially. I feel that I have been able to hack into my brain and learned to manage my emotions better. In this episode and upcoming course we will go into details on all the steps I've been able to learn and implement to get here.  

In this episode, we will discuss how to bring love into our relationships. Love is our feeling. We feel love because of the thoughts that we have. You decide how you feel, regardless of other's actions. We bring lots of expectations into marriages, which can lead to problems. 

Most wealthy folks attribute their success to their spouses. Choosing the right spouse is the most crucial decision of life. Divorce can be one of the most financially costly decision. In this episode, we will consider some of the ways to ensure choosing a right spouse. There are no guarantees in life, however, we can try to make the best decision. 

Opportunity cost is the cost of the next best alternative of a product or service. Life is filled with choices, on a daily basis you must choose between sleeping in, watching TV, or reading a book that might change your life. The future gain from either choice unforeseeable. Will you spend the money on buying materials that may have no meaning soon, vs. investing, or investing in yourself by traveling or other self-development activities?  :)   We will also discuss difference between opportunity cost, sunk cost, and risk as defined by economics. 

A tribute to our fore-mothers. An episode inspired by Shazia Imam, looking back and admiring all the sacrifices made by our ancestors to get us to where we are today. 

Sunk cost is defined as price already paid, which should be irrelevant to future rational decision making. We become victims of sunk cost fallacy on daily basis. In this episode, we discuss the reasons behind sunk cost fallacy and how to overcome it. 

Do you feel that you will not be able to master personal finance because you are not as smart as others? In this episode, we discuss imposter syndrome. Over 66% of women report feeling doubts about their abilities and achievements. This is a feeling of inadequacy despite there being evidence otherwise. We will discuss how to start overcoming these feelings by first becoming aware and then changing one small thought at a time. 

What makes people happy? When young folks are surveyed, the top two answers are money and fame. However, multiple studies have found that this is not the case. Relationships is the most rewarding investment we can make. Investing in relationships is part of self-care. 

In this episode we will discuss various tax benefits of Real Estate investment. With you primary residence, you can deduct interest and property tax. With rental properties, you are able to deduct depreciation. Also, discussing 1031 exchange implication with capital gains tax.  

In this episode, we will discuss how to invest in real estate without getting a mortgage or credit check. Flipping properties with OPM, other people's money. And remembering the basic investing rules. 

Further discussion about real estate investing in this episode. Finance is a major part of real estate investing. This and next episode will discuss how to obtain financing and to invest without any capital, using OPM (other people's money). 

In this episode we will speak about another form of investment, real estate. Property can be a great vehicle for financial independence. Property appreciate in value, you can get positive cash flow as rental income, and many tax benefits. 

In this episode, further discussion about investing. How do intelligent investor define investing? Lessons learned from Benjamin Graham. Value investing vs. speculation. How to value a company. 

In this episode, we will continue discussion about the stock market. We will go over some basic terminology like the bull vs. bear market. And also discuss what mistakes to avoid with investing. 

Investing 101. Now we shall dive into investing. This episode will discuss basic definitions and rules of intelligent investors. 

In this episode, to be released on my birthday. We will discuss emotions. How to feel better? Lessons learned from my life coaching journey over the past year. 

In this episode, we will discuss different income options at retirement. This topic bridges personal finance and investing, it can be difficult to reach retirement without having a solid financial investment. 

In today's episode, we will discuss why it is a must to estate plan. Avoid probate, avoid paying costly fees to lawyers, accountants, appraisers, and to the courts. It is not only recommended but mandatory in Islam to have a will.  

Insurance is to protect yourself from a financial loss. Are all insurances created equal? Which insurance policies do you need and which to avoid? We will discuss all this in today's episode. 

What does money cost? Finance or lease a car? Education debt. What percentage of your income should your mortgage be? 

Planning from a point of abundance, not scarcity. What do you want your money to do for you? What is your latte factor?

What are your thoughts about money? What did your parents teach you about money? Our thoughts are who we are! We need to start living intentional lives. 

Removing stigma associated with wanting and creating more money. In each episode, we will discuss subjects like money mindset, budget, debt, investments, and retirement.    Please subscribe, rate, and share.