October 20, 2017

One of the many three major responsibilities meant for Muslim wives in Islam is managing the family’s wealth. In addition to caring for the children’s education and overseeing the household, Muslim wives or girlfriends often negate their concern to manage their wealth – money, properties, belongings and investments.

Becoming a better Muslim Mom Money Manager calls for time, can not be achieved in a single day, but with the right motives and determination to learn and act accordingly, Allah (God) will help you succeed, inshaAllah (God willing). Listed below are the a few tips to get you started out:

If you liked these tips, please check out “More Tips Every Muslim Mother Should Know About Managing Money”.

However, if your husband can be misery with his money and you do not have necessities, you are allowed to proudly, not confidentially, use the money to fulfil the family’s needs. Remember that, that as a Muslim girl or mom, it is not your responsibility to bring money within the household. And, if you incur money it becomes ones own wealth, which you can dedicate as you wish. This high-class, not afforded in many additional cultures or religions, don’t want to be under-appreciated or assumed. Meaning, if you have wealth plus your family is experiencing troubles, remember that charity must begin at home–so, helping you and your family carries great benefits for you in this life and the hereafter. On the other hand, if your husband is experiencing great fortune, and you simply desire to work, your obligation to your family and dwelling takes precedence. It takes an innovative mom to find balance on her family – and that starts by maintaining steadiness herself first.

* Know The Financial Rights of Each Family Member with Islam. Your husband’s bills is to provide your coop, food, clothing, and fiscal means for you to live comfortably, therefore it is your responsibility to pay wisely. Spend your money quite and responsibly on the essentials in life, such as clothing, education, health and hygiene for yourself, your husband and kids.

* Setting a Frugal Mindset for your family is an Act of Taqwa (God conscientiousness). Frugality is an clever lifestyle–not a cheap one! Bargain-shopping is a gift to your family, not a punishment. When a mom (and father) instills the value of earning a dollar and stretching its value, infants will appreciate and even come to feel challenged to gain the most out of your family’s money. Be innovative and ingenious in how to position the minds of your family members to appreciate frugality to be a duty of all, and not a range of a few. Those who are spend-conscience are more intelligent than spenders. You have got an obligation to your family unit to be resourceful and appreciative of the worldly gifts Allah has provided your family: the wealth. Your material success is not an indicator in how much your faith merits.

Therefore, you should never judge your status in life by means of money – your level is determined by your deen — your religion and way of living. So, live your life responsibly, after all, the one who misuses and abuses his/her wealth, is guilty of possible waste products and arrogance. Don’t like the term: Frugal-Minded? Then, try Value-Spending.

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