Get PROFIT From An ISLAMIC SAVINGS Account

Описание: I explain how to get profit instead of interest from your money when saving into an Islamic Savings account.

Gatehouse - Islamic bank in the UK: https://gatehousebank.com/personal

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BOOKS I READ:

📚 Dave Ramsey’s Baby Steps Millionaires Book - https://geni.us/LCzEfA (Amazon)

📚 Dave Ramsey's Book- Complete Guide To Money - https://geni.us/UARB99 (Amazon)

📚 Dave Ramsey’s The Total Money Makeover Book - https://geni.us/ISb9 (Amazon)

📚 Ramit Sethi I Will Teach You to Be Rich Book- https://geni.us/4t4BfS (Amazon)

📚 Thomas Stanley’s The Millionaire Next Door - https://geni.us/YorAct (Amazon)

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⌚ Timestamps:
00:02 - Get PROFIT from an ISLAMIC SAVINGS account
00:21 - Simple Muslim Money
00:27 - PROFIT instead of INTEREST
00:46 - Muslims want to avoid interest
00:58 - A lot of Muslims disable interest
01:33 - Savings account won’t let you usually disable interest
01:44 - Islamic Savings account give you profit
02:06 - Use the power of compounding
02:35 - Important to invest as well as save
03:10 - How do you open an Islamic Savings account?
03:39 - Open an ISA - which lets you build profit with no need to pay tax on your profits
04:07 - Go to the Gatehouse website and click on the ‘Savings’ menu option
04:17 - I selected the 1 year fixed ISA
04:48 - Follow instructions to set it up - pretty straightforward
04:59 - IMPORTANT - you have 30 days to fund your ISA

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DISCLAIMER:
This is not financial advice and is just my opinion for entertainment and information purposes.

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