I have £1000 what should I do?

  • Thread starter Thread starter anonymous
  • Start date Start date
  • Replies Replies 41
  • Views Views 7K
Give some to charity!!! Allah will reward u. Besides, money can go as fast as it goes so use it wisely. Im sure u'll find other uses also lol. Dnt forget to thank allah tho. Lol peace x
 
:sl: :sunny: Spend it...................... Personally i would add some more and go for umrah......................;D:w:
 
I would say start a business as well. On-line, perhaps? But it has to be a good type of business...

I'd say save it otherwise.
 
Güven said:
I highly doubt that is possible in the UK.

If you live in Europe than 1000 pounds are not enough to start a decent business.

The Economy is in a bad shape.
Click to expand...

the problem is i can walk around with a picture of shoe door to door. When and if i ever sell it, i will run into trouble. Cuz i don't know how to make shoes. :-(

Seriously, if you don't have any debt, give some to a mosque and go for Umrah if u can.
 
Banu_Hashim said:
How much gold can he realistically buy to "invest" (not sure exactly how that works) though with 1000 pounds?

I was thinking of a bar of gold lol, but that's like tens if not hundreds of thousands of pounds each...

Give some of it to the poor!
Click to expand...

I'm sure there are many places to buy gold in the UK. You don't have to buy it in bar form.

All you have to do is look at the current price of gold to determine how much one can buy (like exchange rates, I'm sure different shops will have slightly different prices).

I'm looking into gold myself because it is a very stable investment.
 
Are you in UK, anonymous ?
I find Islamic Bank of Britain (IBB), maybe you can open saving account in that bank.
 
Salaam/Peace

anonymous said:
Alhumdolliah I just came into £1000.
Click to expand...

Woow MashaAllah ; save something for Hajj if u have not performed it already. Offer mom to go with u ; Do some charity . Invest in some halal business ; Btw u may share it with us also :D
 
anonymous said:
Alhumdolliah I just came into £1000. I don't want to just spend it but I don't have a clue on what to do with it, I thought of shares, bonds or just put in in the bank ?

Is there anything else?

What would you guys recommend?

I dont really know whats halah and whats not.

Thanls
Click to expand...

salams,

yeah give it me, i need it to study further Inshallah, help your sis in islam....

seriously:
Give it to the poor, If you give money to charity will always return it back and inshallah you will get more.
save it for your future, i.e. further study, marriage etc
Invest in something which will help in the future.. for yourself +the ummah :D
 
As a bro said before, donate some to mosque being built.

Buy a lawn-mower and start doing people's lawns - so you make more money! On a good day you can earn a hundred quid!! Five lawns a day at 20 quid a lawn and you're sorted.

Buy parents something nice & practical and put rest away and forget about it. For now :D
 
Scents of Jannah said:
As a bro said before, donate some to mosque being built.

Buy a lawn-mower and start doing people's lawns - so you make more money! On a good day you can earn a hundred quid!! Five lawns a day at 20 quid a lawn and you're sorted.
Click to expand...

I think this is the most realistic yet beneficial idea combination. Buying a lawnmower and just doing the lawn around the neighborhood would put decent money in your pocket and is good personal business. If you can do that along with a new mosque being built (better than already built one, because one being built means your money goes into structure which is Sadaqa Gareya giving you rewards for a very long time insha Allah) then you would have done the best with the money.

- Bank saving with interest is haraam, without the money's value will disipate over time.
- Gold you won't be able to buy enough to make a difference, it requires large capital.
- shares they're all down now and though there are opportunities, the market is still quite risky.
- investing in somebody's business is again risky and if they lose the money you will not know how or why and would have gained nothing.

From what you earn extra you can go to Umra and pilgrimage or save some more.

Best money is that which help you make more halal money.

:)
 
nada said:
brother , plz save it for marriage ! i dont want u to live what im living now ...
Click to expand...

Thats a good point, your savings might make it easier for you during marriage, but then again what ever you spend in the path of Allah, Allah will compensate you with more InshAllah
 
looooooooooool

bro/sis why not ask parents or a teacher or even give it to parents :D




spend in the way of Allah :D
 
Not the original Anon​

Salaams Anon,

I would suggest that if you do not know how to drive, invest the money in taking driving lessons... A skill for life. :)

All the best.
 
Give it to ur parents!! Or just buy urself something nice, the rest give it to the poor.
 

Similar Threads

Back
Top