NorthWest Muslim

Page 18

K

By Beenish Khurshid, SanFrancisco, California income. By hook or by crook, whether we try to avoid it or not, in our budgets today, we have to

eeping one's finances straight on account for the tax we must pay to the ultra-rich a normal day is difficult. In to-

elite.

day’s world, it has become beyond challenging. Many of us have made more money than we ever have in our life, yet are further behind from our

We can be bitter about the situation, or we can be practical, and safeguard ourselves and our fami-

life goals than we ever have been. Most of us,

lies, and prepare ourselves as best we can for an

though, are still recovering from job loss and in-

uncertain and turbulent future.

stability during COVID.

The bar has moved, and we may never return to times like before. What was an expected life goal before may no longer be an option, and certain

Start by listing your yearly income, your yearly taxes, and a list of all major monthly, weekly, and yearly expenses. Use excel, or Google Sheets as a tool. My budget outline looks something like this:

needs may no longer be possible to meet. We now live in an age where the top 1% of society takes home 25% (and growing) of our combined

Photo by Marissa Grootes on Unsplash

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