Personal finance
What your money does before any of it is invested: what comes in, what leaves, and what is still standing at the end of the month.
Tools in this theme
Where does my monthly saving land? 94,111 After 10 years the balance is 94,111. Open the tool How big should my emergency fund be? 1.3 months Your fund covers 1.3 of the 6 months you set. Open the tool What is my end-of-service worth? 44,000 8 years on a basic wage of 12,000 earns 44,000, and resigning now leaves 22,000 behind. Open the tool What am I actually worth? 160,000 You own 250,000 and owe 90,000, which leaves 160,000, so 36% of what you own is owed. Open the tool What is my return after inflation? 1.94% After 5 years your bank statement says 12,763, and it buys what 11,009 buys today. Open the tool When will I have enough? 54 months Adding 3,000 a month to the 20,000 you hold reaches 200,000 in 54 months. Open the tool What is my raise actually worth? 1.90% A 7% raise against 5% inflation is 1.90% in real terms: the new salary is 16,050 a month, and it buys what 15,286 buys today. Open the tool How much zakat do I owe? 2,500 Zakat is 2,500 on 100,000, one fortieth of it, against a nisab here of 25,500. Open the tool
Everything in this theme
Guide Compound interest: what it is, and how long it takes to matter Guide How inflation hits your money differently depending on where you keep it Guide What inflation is, and why your money buys less every year Guide How to build a budget when your income varies Guide How to build a budget Guide Does the fifty-thirty-twenty rule work here? Article Tabby and Tamara are in your credit file now. The cost shows up on a mortgage. Article Egypt held its rate at 19%. Banque Misr sells a certificate paying 19.25%. Article Egypt announced a record $47.3 billion in remittances. It did not say what sending it cost. Guide Compound interest in two currencies: the same rate is a gain in one and a loss in the other Guide The emergency-fund rule: what three to six months actually has to cover Guide What your raise is actually worth: the break-even number nobody says out loud Article The UAE held its base rate at 3.65%. The decision was made in Washington.