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One of the many three major responsibilities designed for Muslim wives in Islam is managing the family’s wealth. In addition to taking care of the children’s education and overseeing the household, Muslim spouse often negate their priority to manage their wealth — money, properties, belongings and investments.

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

Becoming a better Muslim Mom Money Manager will take time, can not be achieved in a single day, but with the right wishes 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 started:

* Know The Economical Rights of Each Family Member with Islam. Your husband’s requirements is to provide your coop, food, clothing, and finance means for you to live easily, therefore it is your responsibility to take wisely. Spend your money fairly and responsibly on the essentials in life, such as clothes, education, health and hygiene for you, your husband and children.

* Setting a Inexpensive Mindset for your family can be 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, kids will appreciate and even come to feel challenged to gain the most out of your family’s money. Be artistic and ingenious in ways to position the minds of your family members to appreciate frugality being a duty of all, and not either a few. Those who are spend-conscience will be 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 prosperity is not an indicator from how much your faith merits.

However, if your husband is normally misery with his money and 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 your responsibility to bring money into the household. And, if you incur money it becomes your own wealth, which you can dedicate as you wish. This high-class, not afforded in many additional cultures or religions, must not be under-appreciated or overlooked. Meaning, if you have wealth and your family is experiencing conditions, 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 can be experiencing great fortune, and you desire to work, your obligation to your family and dwelling takes precedence. It takes an innovative mom to find balance for my child family – and that starts by maintaining sense of balance herself first.

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

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