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One of the three major responsibilities meant for Muslim wives in Islam is managing the family’s wealth. In addition to tending to the children’s education and overseeing the household, Muslim female counterpart often negate their precedence to manage their wealth – money, properties, belongings and investments.
If you appreciated these tips, please check out “More Tips Every Muslim Parents Should Know About Managing Money”.
Therefore, you should never judge the status in life by means of money – your situation 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, is guilty of possible waste products and arrogance. Don’t like the concept of a: Frugal-Minded? Then, try Value-Spending.
However, if your husband is misery with his money therefore you do not have necessities, you are authorized to proudly, not secretly, use the money to carry out the family’s needs. Don’t forget, that as a Muslim lover or mom, it is not your responsibility to bring money on the household. And, if you incur money it becomes ones own wealth, which you can spend as you wish. This extravagance, not afforded in many other cultures or religions, should never be under-appreciated or taken for granted. Meaning, if you have wealth your family is experiencing difficulties, remember that charity must begin at home–so, helping your household carries great benefits to suit your needs in this life and the hereafter. On the other hand, if your husband is normally experiencing great fortune, and you simply desire to work, your duty to your family and dwelling takes precedence. It takes an innovative mom to find balance for my child family – and this starts by maintaining balance herself first.
* 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 beauty of earning a dollar and stretching its value, kids will appreciate and even look and feel challenged to gain the most out of your family’s money. Be artistic and ingenious in tips on how to position the minds with the 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 may have an obligation to your friends and family to be resourceful and appreciative of the worldly gifts Allah has provided your family: the wealth. Your material wealth is not an indicator from how much your faith merits.
Becoming a better Muslim Mom Money Manager will take time, can not be achieved overnight, 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:
* Know The Financial Rights of Each Family Member with Islam. Your husband’s obligations is to provide your animal shelter, food, clothing, and fiscal means for you to live perfectly, therefore it is your responsibility to spend wisely. Spend your money practically and responsibly on the necessities in life, such as clothes, education, health and hygiene for yourself, your husband and infants.
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