Take Unit linked Insurance Plans from example. The sooner we start on our journey towards financial contentment, the better chances we have to leverage the right instruments to serve our purpose. Subsequently, we need to start working towards fulfilment of our needs as soon as possible. To make sure that we are on the right track towards achieving contentment in life, we need to differentiate between our necessities and desires and create a balance in our lives. Many of us spend our entire lives pursuing happiness, while it somehow eludes them. Studying Vedas, you learn that the purpose of our existence is to experience true happiness. One Who Gets Up Early Morning Gets the Treasure. Therefore, the Vedas emphasize putting your efforts into maximizing your money and patiently wait for your wealth to grow. This exchange of energy and efforts is called the ‘business aspect’ of life. In turn, we receive the remuneration for our efforts, in the form of money (or anything else that we deem of value). In other words, we put our inherent energy in such a way that it proves to be beneficial for others. The Vedas describe money as ‘green energy’, which you receive in exchange for your energy (in the form of concerted physical and mental effort).
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A Man Shall Strive to Win Wealth by the Righteous Path.
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It is when you acquire wealth through ethical and moral means and use it to fulfill your duties that you can earn yourself a good reputation in front of your family and society at large. Moreover, you must make sure that you use your money wisely, without indulging in any suspicious activities (or avoid bad karma). As the breadwinner for your family, therefore, you must make a living and provide for your family by engaging in a profession or commercial activity. The Vedic scriptures also describe that you need wealth to perform these duties.
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BhutaYajna(Service to the rest of the creatures) ManusyaYajna (Service to fellow human beings)ĥ. These duties are entrusted upon us by the Creator Himself and include:Ĥ. Here are five crucial financial management lessons from Vedas that each one of us must apply in our lives You Need to Earn Wealth by Deeds of Glory - (Rig Veda Samhita vi-19-10)Īccording to Vedic wisdom, we have five obligatory duties or responsibilities – as humans. When we apply the Vedic knowledge on deliberation of financial matters, it becomes Vedic financial advice. In other words, a Vedic human being is an individual who practices the collective wisdom of the Vedas, in all walks of life. The term ‘Veda’ means knowledge, while its derivative ‘Vedic’ means knowledgeable. There are primarily four types of Vedas, namely – Rig-Veda, Saam-Veda, Yajura-Veda, and Atharva-Veda. For centuries, the Vedas have been the fountainhead of all knowledge for us.