My thoughts on finance and peace of mind

Wealth is a great test for one and all. Firstly, ones intention for working or trading should be correct and Insha-Allah we will be attain sawaab as well. Here are some points I find helpful in dealing with finances. My aim is not to discuss wealth accumulation but rather points to encourage a healthy way of living with what one has. When making any decision in life, I always put the Islamic laws and sunnah first and when it comes to finances, there is no exception. How beautiful is Islam that Allah (S.W.T.) has given us a guide to everything.

Allah (S.W.T.) is our creator and therefore knows better than us what is good for us. It is when we go against this natural order then we find a disruption in our lives.

Allah (S.W.T.) has forbidden interest (Riba) and we should accept this completely. When it comes to saving, interest accounts have become very common. This practice is Haraam and should be completely abolished.

From what I've noticed, we waste a lot. Not only does this affect our environment negatively, but it affects our health as well. The best is to live simply, be content, live within ones means, have goals, stay away from credit and don't waste. Always remember, wastage leads to poverty. One should save as to avoid taking on credit, but not to hoard. Giving in charity is very important or to give a gift to a neighbour or friend. Giving does not necessarily mean that one is loosing, rather I look at it as an investment for the hereafter. I feel that charity brings about unity and removes pride, jealousy and greed. I try to pay debts off as quickly as possible. To keep record of ones finances is also important so that we know where we are spending. This is where personal discipline comes in very handy. To be organised and up to date is always a good thing as it gives one peace of mind. Have an islamic will no matter how old one is.

We learn from life everyday and we make mistakes as well. If there were no mistakes we would not have been able to learn. We should be content and yet have goals. This may seem as a contradiction. We should be content with what we have, but improve ourselves everyday in health, knowledge and wealth. If we don't improve, we have given up.

Habits are very important. The best way of correcting habits is to bring in more sunnan into ones life. Be happy, think happy thoughts, smile more, make Shukr and Sabr and enjoy simple things around you. Just take time and enjoy the smile of ones beloved. Be at peace with everyone. To Allah (S.W.T.) we belong and unto Him we shall return. All that we have in life is a trust upon us.

May Allah (S.W.T.) guide us, Aameen.


The contents of this article are my personal opinions. Please correct me should there be any errors.