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Muslimah’s Guide to Saving Smarter



“Saving” is a term not necessarily restricted to money and finance. There are many different avenues where you could potentially save. some tips to start saving are as:

Use your wealth to your benefit

So you’re thinking Jimmy Choo’s and Louis Vuitton handbags, shopping sprees in Paris, Milan and New York, right? Wrong!

As a Muslim, it is our duty to acknowledge that whatever wealth we have been blessed with, is indeed a blessing from Allah. Use your wealth to cater to your own needs and halaal (permissible) desires, but always remain mindful that Allah has given you a measure of wealth to test what you will do with it, whether you will hoard it selfishly or spend an amount for His pleasure:

“And spend of your substance in the cause of Allah, and make not your own hands contribute to (your) destruction; but do good; for Allah loveth those who do good” [Qur’an: Chapter 2, Verse 195].

Don’t be wasteful

A visit to any restaurant or eatery presents the same scene: a family of four order enough food to feed a small army. The same thing happens in most of our homes. We’ve become thoughtless in our disregard for the less fortunate; we’ve become extravagant and wasteful without batting an eyelid. Many of us, go into shopping frenzies and literally “shop until we drop,” but my duaa for each of us is that we become aware of what we are spending, how much we are wasting and what the consequences of our actions are.

“O children of Adam! Wear your beautiful apparel at every time and place of prayer: eat and drink, But waste not by excess, for Allah loveth not the wasters” [Qur’an: Chapter 7, Verse 31].

Thankfulness leads to untold treasures

When a person says “Alhamdulillah” (All praises are due to Allah) for everything that he has been granted, Allah says:

“If you are grateful I will grant you increase (in your bounties) and if you are ungrateful then verily my punishment is very severe” [Qur’an: Chapter 14, Verse 7].

The message is simple: give thanks to your Creator and you shall be rewarded in abundance, In sha Allah.

Islam is a practical religion, and Allah
has made it easy for us to incorporate our religion and its teachings, into our daily lives. Now that we know what the Qur’an and Hadith say about saving and wastefulness, let’s look at some

practical tips to saving:

1. Know your money: Sounds fairly simple but many people get caught in the trap of not knowing what their disposable income is. It is important to know exactly how much you have so that you know how much to spend.

2. Learn to save: Ditch the credit cards if you can – spend cold, hard cash only, and my golden rule is “If I can’t afford it right now, then I probably don’t need it right now”.

3. Beat the budget blues: Sticking to a budget is an integral part of managing your family’s finances effectively. Cheating on your budget is cheating yourself. Be honest when you reflect amounts (i.e. income and expenses) on your budget – you can’t spend money you don’t have! Also, be mindful of saving – remember to save something every month, for those ‘rainy days’.

4. Get street-smart: Watch your local stores prices. Most stores have special offers from time to time – capitalize on these! They usually offer great savings and allow bulk purchasing. This means that you get more bang for your buck if you shop during these special offer promotions.

5. Saucy secrets: Most people claim NOT to eat leftovers. I beg to differ! Has anyone ever eaten biryani the next day and complained?! If your family is fussy about food, prepare just enough for one meal. You might also want to consider using last night’s left-over roast chicken for your kid’s school sandwiches.

6. Out of the closet: Ladies, ladies… I know – this is a weak spot for most of us. Rule number one: if you haven’t worn it in the past six months, it’s highly unlikely that you’re ever going to use it! Consider giving things that you don’t use (that are still in good condition), to charity. And if you want to be really creative and make a quick buck, consider a jumble sale in your front yard.

If you have any other suggestions or ideas, please share them in the Comments section.

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