Find out how long it will take to reach your savings target.
E.g. emergency fund, Hajj, house deposit, car
Conventional savings accounts pay riba (interest), which is prohibited in Islam. Alternatives include current accounts with no interest, Islamic banks offering profit-sharing savings (Wadiah or Mudarabah accounts), and investing in Sharia-compliant funds or physical gold and silver.
Plan your monthly budget, see your surplus, and track spending by category.
Calculate Zakat on savings, gold, silver and business assets.
Calculate your personal net worth: total assets minus liabilities.
Set a monthly Sadaqah goal as a percentage of your income.