E32 - Behavior Gap with Carl Richards

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 *** 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 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 *** 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 weeks episode, we show how Shaykh AbdulNasir's parents and teachers had a lasting influence on his financial convictions today.   Connect with Shaykh AbdulNasir: Twitter: http://twitter.com/abdulnasirj Facebook: https://www.facebook.com/abdulnasirjangda Website: http://www.qalaminstitute.org/ Episode sponsor: BeingThere (beingtherenp.org)     Season 2 of the podcast was mixed and edited by Freedom Podcasting. Twitter: https://twitter.com/podcastfreedom Facebook: https://www.facebook.com/FreedomPodcasting Website: http://www.freedompodcasting.com 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/

Guest: Mohamed Hussein   -10 Tips for Muslims with Student Loan Debt http://www.muslimmoneyguide.com/ten-tips-for-muslims-with-student-debt/ -How to view the test of student loans and deal with its burden -Making dua specifically in regards to debts and student loans -Importance of a mentality of making sacrifice -Importance of good company -Tawakkul in context of finances   Connect with Mohamed Hussein -Twitter: https://twitter.com/mhusseinva -Muslim Money Guide: http://www.muslimmoneyguide.com/author/abuanas/   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 29: Islamic Investing with Fatima Iqbal   Guest: Fatima Iqbal, Azzaad Funds   Topics Covered: -How Fatima got involved in Islamic Finance -Why is the US behind other countries in Islamic finance? -Advice for someone who wants to start investing -What your financial picture should look like before investing -Assessing the risk of investing -Retirement goals -7 Tenets of Halal Investing -Estate planning   Connect With Azzaad Funds -Twitter: https://twitter.com/azzadfunds -YouTube: https://www.youtube.com/channel/UCXUb7C3OwOyI4OkTQeRxkng     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/

Ustadh Nouman Ali Khan is the founder and CEO of Bayyinah Institute and aims to redefine the way Qur'an and Arabic is taught.    He was recently listed among the 500 most influential Muslims in the world. Millions of online users across the globe enjoy and benefit from his simple, clear, and entertaining approach to unraveling complex subjects in the Quran. The father of six relates well to the youth and tackles important but under-addressed issues. Ustadh Nouman Ali Khan decided to take on Bayyinah full-time in 2005 after serving as a professor of Arabic Studies at Nassau College. Since then, he has completed a comprehensive video library on Bayyinah TV of the entire Qur'an, catering to a contemporary audience, Muslim or otherwise.    He has taught over 200,000 students in live settings and has touched the lives of millions online. He currently resides in Texas, USA and is focusing on teaching his students and developing media content for Bayyinah TV.   In this episode, Nouman Ali Khan speaks about:   – The history of Bayyinah and it's early financial struggles   – The role of entrepreneurship and why it's important   - Advice for people who are going through difficulties   Connect with Bayyinah: – Facebook: https://www.facebook.com/bayyinahinstitute – Twitter: https://twitter.com/bayyinah – Website: http://bayyinah.com/   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/

In this episode we're joined by Joe Mihalic author of "No More Harvard Debt" on the following topics: How he got $90,000 of student loan debt from going to Harvard Business School Maintaining the drive/motivation on getting a second job The lowest point of trying to pay off his debt and how he worked through it Struggles of selling items you own and even getting extra roommates and how that changed his perception on materialism Joe is the author of the following books (both available on Amazon): No More Harvard Debt: A Mission to Destroy $90k of Student Debt in Ten Months (http://amzn.com/B008L5LZS2) Destroy Student Debt: A Combat Guide to Freedom (http://amzn.com/B00929U3RU) Joe also runs a blog at http://nomoreharvarddebt.com/ 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/