One of the three major responsibilities designed for Muslim wives in Islam is managing the family’s wealth. In addition to nurturing the children’s education and overseeing the household, Muslim female counterpart often negate their priority to manage their wealth — money, properties, belongings and investments.
* Know The Fiscal Rights of Each Family Member with Islam. Your husband’s obligations is to provide your shelter, food, clothing, and economical means for you to live easily, therefore it is your responsibility to take wisely. Spend your money reasonably and responsibly on the essentials in life, such as attire, education, health and hygiene to suit your needs, your husband and kids.
However, if your husband can be misery with his money therefore you do not have necessities, you are authorized to proudly, not confidentially, use the money to satisfy the family’s needs. Don’t forget, that as a Muslim girl or mom, it is not the responsibility to bring money into the household. And, if you incur money it becomes ones own wealth, which you can dedicate as you wish. This extravagance, not afforded in many other cultures or religions, must not be under-appreciated or overlooked. Meaning, if you have wealth and unfortunately your family is experiencing problems, remember that charity must first start at home–so, helping your household carries great benefits in your case in this life and the hereafter. On the other hand, if your husband is experiencing great fortune, also, you desire to work, your duty to your family and dwelling takes precedence. It takes an innovative mom to find balance for her family – and this starts by maintaining balance herself first.
* Setting a Simple Mindset for your family can be an Act of Taqwa (God conscientiousness). Frugality is an wise lifestyle–not a cheap one! Bargain-shopping is a gift to your friends and family, not a punishment. When a mom (and father) instills the value of earning a dollar and stretching its value, children will appreciate and even look and feel challenged to gain the most in the family’s money. Be innovative and ingenious in ways to position the minds of your family members to appreciate frugality being a duty of all, and not a choice of a few. Those who are spend-conscience are usually more intelligent than spenders. You have an obligation to your family unit to be resourceful and appreciative of the worldly gifts Allah has provided your family: your wealth. Your material money is not an indicator of how much your faith will.
If you liked these tips, please check out “More Tips Every Muslim Mom Should Know About Managing Money”.
Becoming a better Muslim Mom Money Manager will take time, can not be achieved right away, but with the right intentions and determination to learn and act accordingly, Allah (God) will help you succeed, inshaAllah (God willing). Listed below are the several tips to get you launched:
Therefore, you should never judge your status in life with money – your level is determined by your deen – your religion and way of life. So, live your life responsibly, after all, the one who misuses and abuses his/her wealth, can be guilty of possible throw away and arrogance. Don’t like the concept of: Frugal-Minded? Then, try Value-Spending.
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