Finance and Economics 
Muslim’s Guide to Debt and Money Management Part 6(22)
Intro | Part 1 | Part 2 | Part 3 | Part 4 | Part 5
V. Cars, Houses, and ….. oh yes… STUDENT LOANS
So now we have learned insha’Allah how to budget our money, and implemented a strategy to knock out our credit cards and other debts. We have 1k in savings. Now we move […]
Muslim’s Guide to Debt and Money Management Part 5
Intro | Part 1 | Part 2 | Part 3 | Part 4
IV. Debt Freedom!
We have already covered the dangers of debt both fiscally and Islamically. There is one more facet to this, and that is the evils of dealing with interest. After that we will discuss how to get out of the debt and […]
Muslim’s Guide to Debt and Money Management Part 4
Intro | Part 1 | Part 2 | Part 3
III. Why Muslims are in Debt - Money Myths!
The statistics from the previous section are important to keep in mind to realize how slippery of a slope it is to be involved in debt (whether it be halal or haram debts). Just last night I saw […]
Muslim’s Guide to Debt and Money Management Part 3
(Read the Intro, Part 1, and Part 2 before proceeding)
II. Americans in Debt
A) Average Debt
A quick look at the statistics says 43% of American households spend more than they make. And for every American household with at least one credit card, the average debt is somewhere between $8,000 and $10,000. This is talking about consumer […]