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Friday, August 26, 2011

Spending in extravagance

2011/08/21

21th day or Ramadhan

One of the things we do to find pleasure is to spend money. Of course this is natural, but it sometimes goes out of hand to the point we become extravagant with our spending. For me, this happens most when I am left by my family for a long trip. I usually end up buying things that I don’t really need. At one time it was a new Dell laptop, and then a digital DSLR plus some lenses.

As said previously, spending in extravagance is a way which we think can make us happier in facing the turmoil of daily life. While the truth is, it is more harmful than beneficial. Rather more like a tranquilizer which makes us forget about pain even though the wound is still there.

Extravagance can cause big problem is all societies. This is especially true in the case of credit card use in the US. Credit card debt is a major problem in the US, where the average family today carries $8,000 in credit card debt according to the American Bankers' Association (Dave Ramseys blog). What is this if you don’t call it extravagance?

The truth is, even without being extravagant, many of us are living luxurious lives which can only be dreamt by the kings of the past. To have cool drinks straight from the fridge, while the old kings had to bring ice blocks from the north, to have flowing water with a turn of the knob, while they had to set up there palaces near rivers, and other facilities that we often take for granted.

By being extravagant, we become desensitized to spending our money in the correct way, especially to give in charity. We spend on unnecessary things while people are dying out of hunger in other parts of the world. So evil is the act of extravagance, the Qur’an calls the extravagant the brethren of the devil himself. Thus, we should protect ourselves from falling into extravagance and always be mindful in what we spend.

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