Daily Archives: April 26, 2020

“Muslim and Debt” Now Published!

Mansoor Limba, “Muslim and Debt: 5 Practical Steps to Freedom from Debt” (ElziStyle.com, 2020).

What is lacking in both behavioral economics and personal finance is the role of the soul or spirituality which is a central theme in a monotheistic worldview. What constitutes a ‘rational’ economic behavior? What is the core element of psychological and behavioral aspects of an economic decision-making? Is it the ‘mind’? How about the notion of a ‘soul’? What is the ultimate goal of managing our personal finance? It is mere financial freedom?