DebtFreeMuslims Podcast

Episode 34 - Dua for Getting Out of Debt

This episode is a special sneak peek into the half-day Debt Free Muslims workshop we have been conducting in various Islamic centers and MSA's across North America.

To host one in your community, please email [email protected]

In this episode we cover a special dua that the Prophet (s) taught to one of the companions who was struggling with debt.

You can find the dua here: http://sunnah.com/bukhari/80/66

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Episode 33 - Marriage & Money with AbdelRahman Murphy

AbdelRahman Murphy is an Imam and instructor with Qalam Institute. He's a photography, coffee, and cat enthusiast. He holds a Master's in Mental Health Counseling, and is renown for his youth work through his organization Roots.

In this episode we cover

*The relationship between secular marital counseling and Islamic counseling, and spirituality in the field of mental health

*Love conquers all… except financial issues

*How we model financial behavior in marriage, and the role of culture, and dealing with uncomfortable questions while in the “in love” phase

*What about when the wife makes more money than the husband

*How to bring up finances before marriage, and a look at pre-marital counseling

*Cultural taboos around pre-marital counseling

*What financial questions to ask before marriage

*Discussing debt before marriage

*Compatibility and financial habits

*How to handle life situations like a new mom leaving her career/income

*How should couples handle disagreements over money

*Emotional attachment to money

Connect with AbdelRahman Murphy

Facebook: http://facebook.com/abdelrahmanm
Twitter: http://twitter.com/@abdelrahmanm
Instagram: http://instagram.com/abdelrahmanm
Snapchat: http://snapchat.com/add/abdelrahmanm

If you enjoyed this podcast, please take a minute to share with a friend and RATE and SUBSCRIBE in iTunes.

iTunes Link: http://bit.ly/dfmpodcast

Stitcher Radio: http://bit.ly/dfmstitcher

Android (RSS): http://bit.ly/dfmpodcastrss

You can also visit our website and sign up for the email list to be notified of new episodes, articles, and get our FREE ebook – A Practical Guide to Debt and Personal Finance for Muslims: http://debtfreemuslims.com/get-our-free-ebook/

Episode 32 (1st episode of Season 3!)

Guest: Carl Richards

Carl Richards is a Certified Financial Planner and the creator of the weekly Sketch Guy column in the New York Times and is a columnist for Morningstar Advisor.

Carl has also been featured on Marketplace Money, The Leonard Lopate Show, Oprah.com and Forbes.com. In addition, Carl has become a frequent keynote speaker at financial planning conferences and visual learning events around the world.
Through his simple sketches, Carl makes complex financial concepts easy to understand. His sketches also serve as the foundation for his two books, The One-Page Financial Plan: A Simple Way to Be Smart About Your Money and The Behavior Gap: Simple Ways to Stop Doing Dumb Things with Money (Portfolio/Penguin). Carl’s art appeared in a solo show at the Kimball Art Center, in Park City, Utah. Other showings include The Parson’s Gallery in New York, The Shultz Museum, and an exhibit at the Mansion House in London. His commissioned work is on display in businesses and educational institutions across the country. He lives with his family in Park City, Utah.

In this episode we cover:

(2:50) Balancing fear with the uncertainty of the real world

(6:33) Why immigrant parents want their kids to become doctors and our advice to college students in selecting a major

(12:05) Fear and greed through the lens of investing

(15:15) What you should do for investing instead of 'buy low, sell high'

(16:00) How to identify your goals for a financial plan in an easy and stress-free way

(18:55) Long term financial planning for college students, and not ending up as a financial statistic. Carl also tells us the difference between students who graduate with debt and those who don't

(21:10) 3-step process to filter all the financial advice given by friends and experts alike

(27:05) Happiness, priorities, mindfulness, and consumption

(31:15) Financial planning - process vs. plan and handling important but not urgent financial goals

(34:50) Dealing with emotions and mitigating their impact in financial decisions

(36:50) The power of positive thinking, fake it til you make it, vision boards, buying Bentleys, and the most dangerous personal finance book ever

(41:30) The 3 things everyone needs to pay attention to

(42:10) Carl turns the tables to ask about how to balance Islamic teachings about debt and interest in a modern American context

Connect with Carl Richards:

1. Tweet at him and tell him something you learned from this podcast: http://twitter.com/@behaviorgap

2. Sign up for his newsletter at http://behaviorgap.com

3. Sketch Guy column at the New York Times: http://www.nytimes.com/interactive/your-money/carl-richards-gallery.html

Get his books here:

Behavior Gap: http://amzn.to/2dbwbNt

One Page Financial Plan: http://amzn.to/2dDPefi

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If you enjoyed this podcast, please take a minute to share with a friend and RATE and SUBSCRIBE in iTunes.

iTunes Link: http://bit.ly/dfmpodcast

Stitcher Radio: http://bit.ly/dfmstitcher

Android (RSS): http://bit.ly/dfmpodcastrss

You can also visit our website and sign up for the email list to be notified of new episodes, articles, and get our FREE ebook – A Practical Guide to Debt and Personal Finance for Muslims: http://debtfreemuslims.com/get-our-free-ebook/

Usman Mughni is a Marriage & Family Therapist and holds a Master's of Science degreein Marriage and Family Therapy  from Northern Illinois University and a B.S. in Psychology from the University of Maryland, along with a degree in diagnostic medical imaging. 

He worked as a therapist at Alexian Brothers Behavioral Health Hospital in the Center for Addiction Medicine.  Usman has experience providing counseling to individuals, couples, and families at Northern Illinois University's Family Therapy Clinic along with experience working with individuals, couples, and families struggling with chemical dependency and mental health diagnoses and running psychoeducational group therapy at Centegra Specialty Hospital's partial hospitalization and intensive  utpatient programs.  

Usman enjoys working with couples to help bring tranquility back into their marriage and providing premarital counseling to couples who hope to have a successful marriage at a time when divorce seems to be on the rise. Usman also works with individuals and their families struggling with addiction along with other mental and emotional struggles they may be having. His counseling site is http://www.peacefulyou.org/.  In this episode, Usman Mughni speaks about:  - The many problems (including financial) that lead to divorce  - In-laws dictating finances or other aspects of a couples life  - What causes fights in a marriage and how to handle them  - The common stigma that surrounds counseling  Connect with Peaceful You: - Facebook: https://www.facebook.com/PeacefulY0U - Twitter: https://twitter.com/peacefulyouinc - Website: http://www.peacefulyou.org/  If you enjoyed this podcast, please take a minute to share with a friend and RATE and SUBSCRIBE in iTunes. iTunes Link: http://bit.ly/dfmpodcast Stitcher Radio: http://bit.ly/dfmstitcher Android (RSS): http://bit.ly/dfmpodcastrss
 You can also visit our website and sign up for the email list to be notified of new episodes, articles, and get our FREE ebook  A Practical Guide to Debt and Personal Finance for Muslims: http://debtfreemuslims.com/get-our-free-ebook/

Usman Mughni is a Marriage & Family Therapist and holds a Master's of Science degreein Marriage and Family Therapy  from Northern Illinois University and a B.S. in Psychology from the University of Maryland, along with a degree in diagnostic medical imaging. 

He worked as a therapist at Alexian Brothers Behavioral Health Hospital in the Center for Addiction Medicine.  Usman has experience providing counseling to individuals, couples, and families at Northern Illinois University's Family Therapy Clinic along with experience working with individuals, couples, and families struggling with chemical dependency and mental health diagnoses and running psychoeducational group therapy at Centegra Specialty Hospital's partial hospitalization and intensive  utpatient programs.  

Usman enjoys working with couples to help bring tranquility back into their marriage and providing premarital counseling to couples who hope to have a successful marriage at a time when divorce seems to be on the rise. Usman also works with individuals and their families struggling with addiction along with other mental and emotional struggles they may be having. His counseling site is http://www.peacefulyou.org/.  In this episode, Usman Mughni speaks about:  - The many problems (including financial) that lead to divorce  - In-laws dictating finances or other aspects of a couples life  - What causes fights in a marriage and how to handle them  - The common stigma that surrounds counseling  Connect with Peaceful You: - Facebook: https://www.facebook.com/PeacefulY0U - Twitter: https://twitter.com/peacefulyouinc - Website: http://www.peacefulyou.org/  If you enjoyed this podcast, please take a minute to share with a friend and RATE and SUBSCRIBE in iTunes. iTunes Link: http://bit.ly/dfmpodcast Stitcher Radio: http://bit.ly/dfmstitcher Android (RSS): http://bit.ly/dfmpodcastrss
 You can also visit our website and sign up for the email list to be notified of new episodes, articles, and get our FREE ebook  A Practical Guide to Debt and Personal Finance for Muslims: http://debtfreemuslims.com/get-our-free-ebook/

In this episode, brother Saeed Sheikh shares his debt free story with us. We talk about the following:

• How common is it for college students to get into credit card debt without realizing it
• The ways we rationalize purchases
• Behavioral and spiritual changes during his debt free journey

Saeed's article on his debt free journey can be found here: http://debtfreemuslims.com/reflections-my-journey-to-debt-freedom/

If you enjoyed this podcast, please take a minute to share with a friend and RATE and SUBSCRIBE in iTunes.

• iTunes Link: http://bit.ly/dfmpodcast
• Stitcher Radio: http://bit.ly/dfmstitcher
• Android (RSS): http://bit.ly/dfmpodcastrss

You can also visit our website and sign up for the email list to be notified of new episodes, articles, and get our FREE ebook – A Practical Guide to Debt and Personal Finance for Muslims: http://debtfreemuslims.com/get-our-free-ebook/