For years I struggled with outstanding debts, bills and my children's school fees. I was at a point where I wanted to give up. I came across every KZread channel about how to make and multiply your income through passive income. Fortunately, I had saved some money and decided to start an investment, bought my second house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t in investing.

@eadad4371

Жыл бұрын

Not quite long I started investing. I'm very curious and need help on how to enhance and increase my returns. Any good investment tips would be appreciated

@skoopqueen

Жыл бұрын

@eadad4371

Жыл бұрын

@@skoopqueen I don’t really believe in luck. I learn from one of the best. Gaining from investing is possible if only you can control you emotions, always sticking to the original plan ( cutting your greed to acquire more profit with a particular trade). I had a similar experience in the beginning until I met a professional her name is REGINA LOUISE COLLARO she is quite popular for her services, she made me financially stable investing through her help now I earn on a monthly basis through her passive income strategy... So I’ll advise you do get a good Investment advisor for yourself.

@emeldcentor1474

Жыл бұрын

@@skoopqueen I have had the intentions of starting investing. But I always thought it was late and I think I need to stop procrastinating. I will definitely 🔍 Regina Louise Collaro and see what she can advise .Thanks a lot . This was of so much help to me .

@Alexedmartin

Жыл бұрын

@@eadad4371 You can easily find her details online by searching her name. She even got featured on CNN recently, she's quite easy to work with irrespective of your location

I have a lot of savings and considered paying it off in full but it doesn't make sense to me. It's not really a debt it's more of an extra tax. It doesn't have much of an impact on your credit. It gets written off too. May aswell use the money to buy a house or acquire assets.

@DrAminaYonis

5 жыл бұрын

Yeah that's true! I did think about that but paying it off didn't leave me much less well off financially so I just weighed up my options and paid it off!

Hi i was wondering what are the steps to pay it off in lump sums? Did you get a letter each time you paid off a chunk?

As in did you ask student finance for a letter each time you pais a chunk off? Thanak for this video btw

I just want to say a HUGE thank you for the response towards yesterday's video. It was so overwhelming to see you all open up to me about your minimalist journey and just overall made me feel even better about the steps I am taking. Thank you thank you, God bless.

Yes, would love a video on other ways

@DrAminaYonis

5 жыл бұрын

Dose of Aish okay, i’ll do a bit more research and get onto that in the new year!

This turban's beautiful because it looks like it could be your real hair, haha.

thanks for delivering such an incredible message toward student like me who is out there and thinking about repaying loans. My question is what is the start salary of PhD holders?

I love your videos!! thanks and much love from sweden

The interest is so annoying! I graduated last year and have just over £30k now because of that and haven't started repaying yet. Although not something that bothers me in daily life it will always linger at the back of my mind! Just don't know where to start or who to turn to 😕

@zeynand4039

4 жыл бұрын

It gives me anxiety student loans.

This is so inspirational! Well done! I incurred no debt during my studies since I was living at home and decided to use my grant to pay my tuition fees. As for pocket money I would work part time and I did take an interest-free student overdraft that I've also paid off now. As for my postgrad studies I took a year out to save £8000 before I enrolled on my course. It feels amazing now to get my monthly salary knowing I don't owe anybody anything compared to my peers.

@DrAminaYonis

5 жыл бұрын

Thank youuuu - that's amazing - definitely a way forward to stop incurring debts! Congrats to you :)

you're what i aspire to be sis. may allah bless you

Summary: 1. You get paid to do a PhD (18-25k tax free) 2. Private tutoring Allowed10k paid in 2nd year; 18k paid in 3rd year

Im sooo excited to watch this. Paying off my loans is my dreaaaam

@DrAminaYonis

5 жыл бұрын

serendipitous soul hope this video made you feel like you can do it too!

@user-qy8nm6wk6l

5 жыл бұрын

Dream, your dreams are quite small. Dream big bro/sis

Did you have to pay interest over your original amount because you paid it off in lump sum? And if so how much more? Thanks 🙏!!

@DrAminaYonis

5 жыл бұрын

No interest for paying lump sum - you just pay whatever is left in whole!

Wow mashallah you actual did this. I am excited and proud of you. I wish more people where motivated like you. Thank you for sharing. I love your Turban and all black look today.

@DrAminaYonis

5 жыл бұрын

Thankyouuu!

Can I ask what job you did and how employers reacted when you approached them about only weekend shift?

If I am living in London then I can make 100k in one transaction 😅, I make bigger than this money while I am living in China

If you don’t mind me asking sis u pay it off quicker due to your faith/religion?

As an undergrad in 2018/9 I really appreciate this video, we have the same mentality of wanting to pay it off asap it's super motivating thanks!

@DrAminaYonis

5 жыл бұрын

You're welcome :)

@ru2253

7 ай бұрын

How is it going? Are you paying it off in lump sums or in full?

Going to leave uni with around £70,000 student debt, give or take :(

@Victoria-bo9xk

5 жыл бұрын

What degree?

@DrAminaYonis

5 жыл бұрын

Woah, that's A LOT!

@Elitematt74

5 жыл бұрын

@@Victoria-bo9xk Chemical engineering at Imperial College, it's a 4yr course plus i get max tuition and maintenance loan

@Victoria-bo9xk

5 жыл бұрын

@@Elitematt74 Sound like you have a bright future though. Wish I was as intelligent as you.

Well done. You seem like a bright and sensible person. A real role model.

Masha'Allah proud of you! My Son almost done with Sallie mae those who lives in US knows about them. Their int was high and reaping people out

I am sorry to be procrastinating again but can I just say I also really like your background! As someone who is still not being offered a single job, not even cleaning or care jobs(believe it or not) the money side of University beyond puts me off and scares me maybe more than getting the grades needed to get into Uni in the first place! I apologise for misspelling you r name in previous comments! Love your channel and look forward to the revision technique video!

education the last is free norway you do not have to pay anything they pay little to live therefore you need to have a job💖💖

@DrAminaYonis

5 жыл бұрын

so lucky!

I like the way you explain things clearly. Amazing!

Yes! Please do another video on how to pay student loan back without doing a Phd 😭😭😭

@DrAminaYonis

5 жыл бұрын

Ibtisam okay! Will get on that asap!

@ibti8350

5 жыл бұрын

I Am In A Place THANK YOUUUUU!

Did you ask consider asking for a settlement figure? It might of been worth it considering you had large lump sums saved up

@DrAminaYonis

5 жыл бұрын

No, that doesn't really exist unfortunately :(

@pimonsterkebab

5 жыл бұрын

@@DrAminaYonis Oh thanks for clarifying

Salam Amina, which company did you work with for tutoring and proofreading?

@DrAminaYonis

5 жыл бұрын

Proofessor, Tutor Hunt, Private tuition

that's so weird they never sent any letter to assure you paid off everything in the first place, thanks for the tip :)

@DrAminaYonis

5 жыл бұрын

Simply Faida yeah, no letter no email NOTHING! If I didn’t ask for a letter, I still wouldn’t have had a confirmation (and it has been over 18 months).

Mashaallah this is such a good video may Allah reward uuuu

Salam 😊that’s great . I wanted to ask what fields is Someone paid ? Stem only sciences or

@DrAminaYonis

5 жыл бұрын

Most STEM fields are paid for.

Sis one word interest =Riba.You did the right thing!

@DrAminaYonis

5 жыл бұрын

I think so!

Student loan repayments don’t depend on how much you owe, it depends on how much you earn......83% of students will not pay their student loan off. After 30 years, the loan gets wiped out completely. Those 17% who pay the student loan off, will be paying for the the 83% who don’t end up paying of their loan in full

Assalam alaikum, thank you for the video. Did they charge you a fee for paying it off as you did? A few years ago I wanted to pay in lump sums as you did instead of relying on the monthly deductions but when I spoke to student finance they said i would incur an additional charge which I thought was unfair.

@DrAminaYonis

5 жыл бұрын

MuslimahY good question! I should have mentioned it - no there is no extra cost to pay it now. There used to be, as you mentioned but they got rid of that (thankfully) because of some opposition.

@MuslimahY

5 жыл бұрын

@@DrAminaYonis that's great to know, thank you for replying 😊

There is no greater feeling in the world than being ASBSOLUTELY DEBT FREE. Haven't had a credit card for 10 years. Best thing I ever did.

Do you have a sister, girl :)?

@DrAminaYonis

5 жыл бұрын

ProudlyETHIOPIAN yess, I have three sisters!

I thought the same thing until I got my statement. I find that is very sneaky of Student Finance England.

The biggest loan of them all is awaiting you........A London House Mortgage 😁. You & husband should be able to pay it in 10 years.

@DrAminaYonis

5 жыл бұрын

UGH - Don't get me started. I'm still on the fence about whether I want to get a mortgage or not.

@maryamthebest

5 жыл бұрын

I Am In A Place wouldn’t recommend a mortgage. islamically it’s forbidden😬

@samiah21

5 жыл бұрын

If you don't want a mortgage then you can invest your money wisely. A low risk index fund over 10-15years will give you a significant amount of money to buy a house outright. Investing in shares is not Haram; it's just like owning a company.

I just wanted to point out that the baseline EPSRC PhD stipend outside London (what i get) is actually about £14,500pa so a fair bit lower than the £18k figure you quoted, although i know you receive more if you are in London, and i imagine it does vary between disciplines

@DrAminaYonis

5 жыл бұрын

That's actually very true - definitely didn't think about that. But I guess it kind of weighs up considering how high rent is in London compared to other parts of the UK.

i'll be going back for graduate school and it costs alot thanks for this vid

Can you pls do more about going into college

Student loans are so much more expensive now 😭

Stumbled on this video right on time. I am working and a Master' student, my professor proposed to give me scholarship with a condition of leaving my work due to funding T & Cs and this came in so handy! Thanks Dr 🙏🏽❤️❤️

@DrAminaYonis

Жыл бұрын

Best of luck!