I hope everyone is in the pink of health. Some of you must be wondering why I have gone missing for a month or two from blogging. I have been preparing for my first public speaking ever since I stepped out from the banking sector. The preparation was alhamdulillah great and I enjoyed every single moment. And, I do miss blogging. So I have done up some nice pictograms to be shared here too, to compensate the time loss.

For those who did not have the chance to attend the forum, I will be summarizing it in this blogpost. It is basically the things I keep on emphasizing in this blog and I will put links to the respective blogpost for in depth details.

My topic was Perancangan Kewangan Untuk Hari Senja (Financial Planning for Retirement Age). First and foremost, we have to have a clear understanding on what is actually Financial Planning. Some of us may think that this is common sense. But in actual fact, we always overlook on common sense matters. So, lets see the first pictogram below:

As you can see, this diagram goes the anti-clockwise direction, in line with the way we Muslims do our Tawaf around the holy Kaabah. The first three components are the same as the Conventional Financial Planning.

1) When you receive your salary or gain profits from investments, remember to donate a portion of it to the needy or to organisations who needs it. May Allah bless you with barakah.
2) Zakat, remember to pay 2.5% of zakat on your investments or savings. This is to cleanse your money before spending it.
3) Save for Pilgrimage, which is the 5th Pillar of Islam.
4) Save for retirement, so that you can live comfortably during your golden years.
5) Ensure that you have done proper wealth distributions according to Faraidh or by writing a Will.

That is all for now that I can share with you, so as to not to overload you with too much information in one blogpost. Stay tuned for the next blogpost.