💰 Family finances · #109
We started our married life with a big debt from the wedding. How do we deal with it?
Face the wedding debt as a team with one clear plan, not by blaming each other over spending that is already in the past. List all the debts, order them by priority, and set a reasonable monthly payment. Cut unnecessary spending for a while, and avoid adding new debt. Allah praises those who, when they spend, “are neither extravagant nor miserly, but hold a balance between the two” (Surah al-Furqan 25:67) — make moderation your family's financial principle from now on. If the burden is heavy, consult a credit counselling agency for help restructuring. Make this early trial practice in working together. See family finances.
Sources
Surah al-Furqan 25:67