Niyyah To Financial Wellness

FinancialLiteracyMonth.com's 30 Steps to Financial Wellness

Indeed, Allah will admit those who believe and do righteous deeds to gardens beneath which rivers flow. Indeed, Allah does what He intends.

22. Surat Al-Haj (The Pilgrimage; 14)

Getting started. It's the most difficult thing to do when finances lack an actual starting point. How do we actually go about on starting to manage our money? Is it after you get your paycheck or next Monday and so on? Before more question pops up, let's start by how we always start things.

Niyyah.

Our heart must be synchronized and commited to the actions that will be required upon us. FinancialLiteracyMonth.com have provided a 30 steps guide to move toward to financial wellness.Step 1 is taking the pledge:

Take the pledge

Willing, Ready, and Able to take financial responsibility.

Are you ready to accept responsibility for changing your financial situation?

Do you believe that you can and will change the way you make financial decisions?

Can you identify at least one benefit you hope to gain by changing your money management behavior?

If you consistently answered yes, pledge to continue on the path to financial wellness:

1. I will make informed financial decisions, understanding the difference between wants and needs.
2. I will communicate with my family about money matters so that we are all working toward the same goals.
3. I will be aware of the effects of advertising on the financial decisions I make, and resolve not to be influenced by them.
4. I will take care of my finances today by tracking expenses and creating a budget that is flexible and realistic.
5. I will take care of my finances tomorrow by saving for my future.
6. I will meet the credit obligations I have made on time and as agreed.
7. I will continue my personal education about financial health, budgeting, credit, and personal debt.
8. I will plan for periodic expenses, including the next holiday season.
9. By good example, I will teach my children the importance of budgeting, saving, and the wise use of credit.
10. If I am over-obligated, I will take the necessary steps to seek assistance.

- See more at FinancialLiteracyMonth.com. 

InshaAllah, the next 30 posts will be based on these 30 steps before the blog dissipates to many other topics of personal finance and also the book; Islamic Personal Finance, Grains of Wisdom on Prosperity from Al-Quran.