How to Live Life to the Fullest: Four Financial Lessons from the Vedas
On April 24, 2020The Vedas are religious texts that have their origins in ancient India. Written in Vedic Sanskrit, the texts are the oldest Hindu scriptures. The Vedas are described as which means "not of a man, superhuman. The Vedas are believed to be revelations that came to the ancient sages after deep meditation. The Hindu epic, Mahabharata, says that the Vedas were created by Lord Brahma. The Vedic hymns say that they were the handiwork of Rishis or sages.
All our ancient knowledge comes from the Vedas. There are four kinds of Vedas, – Rig Veda, Sama Veda, Yajur Veda, and Atharva Veda. ‘Veda’ means knowledge, and ‘Vedic’ means knowledgeable. Thus, a Vedic person someone who practices the collective wisdom of the Vedas, in every aspect of life. Vedic knowledge can be applied in matters related to finances. Here are five important lessons in financial management lessons from the Vedas. We can apply them in our lives and reap the benefits.
1.Earn wealth by doing deeds of glory - (Rig Veda Samhita vi-19-10)
The Vedas say that human beings have five duties or responsibilities. The One who created us has given us these duties. They are:
1. Brahma Yajna(Service to God)
2. Deva Yajna(Service to gods)
3. PitrYajna(Service to ancestors)
4. ManusyaYajna (Service to fellow human beings)
5. BhootaYajna(Service to all other creatures)
2.Strive to Earn Wealth by the Righteous Path. (Rig Veda Samhita x-31-2)
The Vedic scriptures have said that one needs wealth to perform these duties. The head of the family should make a living in order to provide for the family. Also, they should ensure that the money they earn is used wisely. They should not do anything bad or unethical. This is to avoid bad karma. Only when wealth is acquired through ethical and moral means, will it last and be of use to you in fulfilling your duties. Money earned in evil ways can lead to loss of reputation and bad karma.
In the Vedas, money is described as ‘green energy’, as we get it in exchange for our physical and mental effort. Thus, we expend our energy in ways that benefit others. For our efforts, we get remuneration as money or something else that has value. This exchange of energy and efforts is called the ‘business aspect’ of life. Therefore, the Vedas say that we should try to maximize our money and wait for our wealth to increase, patiently.
3. One Who Rises Early in the Morning Gets the Treasure. (Rig Veda Samhita i-125-1)
Those who study the Vedas know that the purpose of life is to experience true happiness. Many people pursue happiness all their lives but fail to find it. It is important to identify what our needs and desires are so that we can create a balance in life. Once we know what we really need, we should start working towards their fulfillment. It is better not to delay our quest for financial contentment, if we want better chances to access the right tools that will serve our purpose.
For example, investing in Unit Linked Insurance Plans when you are in your late 20s, or early 30s will enable you to invest in high-yielding equity and debt instruments for a longer period of time and ensure that your family’s financial well-being will not be threatened, even if you are no longer alive. But if you keep postponing your responsibilities and financial planning, you may not be able to benefit from these investment cum insurance plans.
4. Produce Fair Wealth for Today and Tomorrow. (Rig Veda Samhita vi-71-6)
The Rig Veda contains one of the most important lessons in financial management. This lesson is about conserving resources (physical as well as financial) to manage future needs. The Vedas condemn poverty and ask us to avoid it. If you take this lesson seriously, you will never sacrifice your future goals for frivolous desires. On the contrary, you will try to accumulate your wealth and preserve it. In this manner, you will be able to fulfill your current commitments and ensure that that there is enough to meet your future needs.
This will be possible only if you possess a balanced outlook and live within your means. This will help you have a vision about your future and do the needful to make it a reality, while doing your tasks. This is the Vedic method of financial planning.
And here is one more way to improve your financial situation - register for our Free Webinar on April 27, 2020, which discusses Vedic remedies to boost your financial status.
All our ancient knowledge comes from the Vedas. There are four kinds of Vedas, – Rig Veda, Sama Veda, Yajur Veda, and Atharva Veda. ‘Veda’ means knowledge, and ‘Vedic’ means knowledgeable. Thus, a Vedic person someone who practices the collective wisdom of the Vedas, in every aspect of life. Vedic knowledge can be applied in matters related to finances. Here are five important lessons in financial management lessons from the Vedas. We can apply them in our lives and reap the benefits.
1.Earn wealth by doing deeds of glory - (Rig Veda Samhita vi-19-10)
The Vedas say that human beings have five duties or responsibilities. The One who created us has given us these duties. They are:
1. Brahma Yajna(Service to God)
2. Deva Yajna(Service to gods)
3. PitrYajna(Service to ancestors)
4. ManusyaYajna (Service to fellow human beings)
5. BhootaYajna(Service to all other creatures)
2.Strive to Earn Wealth by the Righteous Path. (Rig Veda Samhita x-31-2)
The Vedic scriptures have said that one needs wealth to perform these duties. The head of the family should make a living in order to provide for the family. Also, they should ensure that the money they earn is used wisely. They should not do anything bad or unethical. This is to avoid bad karma. Only when wealth is acquired through ethical and moral means, will it last and be of use to you in fulfilling your duties. Money earned in evil ways can lead to loss of reputation and bad karma.
In the Vedas, money is described as ‘green energy’, as we get it in exchange for our physical and mental effort. Thus, we expend our energy in ways that benefit others. For our efforts, we get remuneration as money or something else that has value. This exchange of energy and efforts is called the ‘business aspect’ of life. Therefore, the Vedas say that we should try to maximize our money and wait for our wealth to increase, patiently.
3. One Who Rises Early in the Morning Gets the Treasure. (Rig Veda Samhita i-125-1)
Those who study the Vedas know that the purpose of life is to experience true happiness. Many people pursue happiness all their lives but fail to find it. It is important to identify what our needs and desires are so that we can create a balance in life. Once we know what we really need, we should start working towards their fulfillment. It is better not to delay our quest for financial contentment, if we want better chances to access the right tools that will serve our purpose.
For example, investing in Unit Linked Insurance Plans when you are in your late 20s, or early 30s will enable you to invest in high-yielding equity and debt instruments for a longer period of time and ensure that your family’s financial well-being will not be threatened, even if you are no longer alive. But if you keep postponing your responsibilities and financial planning, you may not be able to benefit from these investment cum insurance plans.
4. Produce Fair Wealth for Today and Tomorrow. (Rig Veda Samhita vi-71-6)
The Rig Veda contains one of the most important lessons in financial management. This lesson is about conserving resources (physical as well as financial) to manage future needs. The Vedas condemn poverty and ask us to avoid it. If you take this lesson seriously, you will never sacrifice your future goals for frivolous desires. On the contrary, you will try to accumulate your wealth and preserve it. In this manner, you will be able to fulfill your current commitments and ensure that that there is enough to meet your future needs.
This will be possible only if you possess a balanced outlook and live within your means. This will help you have a vision about your future and do the needful to make it a reality, while doing your tasks. This is the Vedic method of financial planning.
And here is one more way to improve your financial situation - register for our Free Webinar on April 27, 2020, which discusses Vedic remedies to boost your financial status.