Need help becoming debt-free

Salam everyone, for the last 3 years I've been stuck in a cycle of debt. It started because I didn't know much about managing money and ended up taking riba-based loans. This has really messed up my peace of mind and my efforts to be a better Muslim. I'm looking for a practical path or plan to get rid of these loans as fast as possible. I've already cut my expenses down to the absolute minimum. My main income is from the media industry, and I try to avoid anything haram in my work. Please help a brother out with some guidance. I keep praying to Allah for His mercy.

Comments

Share your perspective with the community.

brother53m

Auto-translated

May Allah make it easy for you, brother. Start by listing all debts with interest rates and due dates. Then see if you can consolidate into a halal loan from family or a community fund. Tahajjud prayers helped me.

brother40m

Auto-translated

Brother, keep making istighfar. Also, look for extra halal income-freelancing, teaching, anything. Every little bit helps. I'd also recommend reading about the sahaba who dealt with debt.

brother33m

Auto-translated

Make a strict budget and track every cent. I used an app to monitor spending and it was eye-opening. Also, consider a second job even if it's modest. Allah sees your effort.

Add a new comment