Ep 23: Finance is a Mindset Game: How to Build Wealth and Improve your Financial Wellbeing with Saima Ali
Episode description
Building wealth is not as hard as you think. The secrets have been out years ago. We just have to remind ourselves again and again and make a conscious effort to follow it.
What comes to mind when you hear terms like the stock market, bonds, investment, and other financial jargon? It sounds intimidating and scary, right? And you feel like you’ll just lose money if you invest it, so you never really bothered. But it doesn’t have to be.
After listening to this episode, you’ll learn useful financial information to get you moving towards building wealth!
Our guest is Saima Ali, a neurologist who has a deep passion for finance and teaching others the financial skills they needed to improve their financial wellbeing. She shares important resources to manage your debt and make saving money easier.
Saima talks about the difference between halal and haram investments, and things you need to know about life insurance. She also speaks about what it means to live below your means and pay your future self first and how to set your mindset for financial success.
Her goals are to have every woman retire as a millionaire. She created a free introduction to the stock market training, which can be accessed below.
In this Episode, We Talk About:
- The story behind Saima’s finance projects
- Resources to improve your financial wellbeing
- Managing debt wisely
- Building your credit score
- What it means to live below your means
- Why finance is a mindset game
- Instant pleasure vs. delayed gratification
- How to make saving money easier
- The FIRE movement
- How to ensure your assets
- What you need to know about life insurance
- Halal vs. Haram investments
Where to reach Saima Ali
- Instagram @wealthymuslimwomen
- Facebook @WealthyMuslimWomen
- Wealthy Muslim Women - website
- Wealthy Muslim Women Podcast
Resources:
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