Financial lessons from Ramayan

On 22^nd January 2024, Ram Manidir’s Consecration at the great new mandir in Ayodhya was done. Ram is called Maryada Purshottam, who does the right things come what way. At this occasion let’s learn what good things we need to do for our financial life.

 

1. Cultivate discipline :

Lord Ram practiced "Dharma" in order to be right, responsible and disciplined in life. Apply a similar theory to your life. Save judiciously, spend carefully and invest wisely for a disciplined financial life.

 

2. Choose advisors wisely :

Kaikeyi took Manthara's advice which later resulted in separated family, hardships, loss of relationships, family disputes, and eventually Ramayana. Ram took advice from Hanuman, Jamvanta and Vibhisana and won the war.

Stay away from those trying to sell Lucrative offers and quick rich schemes who are disguised as advisors and coaches for their own benefit.

 

3. Contingency Fund :

Unexpectedly, Lord Ram was sent to 'Vanvas' for 14 Years and was forced to leave his luxurious Palace. Not everyone can live with such sudden changes in lifestyle. Have an adequate emergency fund to handle unforeseen circumstances.

 

4. Be Patient/Think Long Term :

During the 14 years of 'Vanvas', Lord Ram faced many ups and downs, including the kidnapping of Sita. Lord Ram patiently waited until the situation favorable, rather than choosing shortcuts. Stay invested for the long term, there is no shortcut to success.

 

5. Set your budget :

Set "Laxman Rekha" of your financial budget and make sure not to cross it due to luring online discounts. Understand the difference between need and want .... be financially disciplined.

6. Secure your life :

You are not Laxman, and there is no Hanuman to get Sanjeevani for you.... so get health & life insurance when you are healthy.

7. Believe in karma :

Lord Ram left the throne and for 14 years he lived in forests, but his good deeds paid and finally, he became the king of Ayodhya. So, continue to do good things and finally you will get the good results.

8. Build a Corpus :

Lord Ram, Sita, and Laxman left Ayodhya with nothing. They patiently built their network and Vanar Sena over the years in order to reach the objective of defeating the Ravan. It takes patience to build a corpus, to defeat inflation in the long run.

9. Wipe your slate and start over :

14-day Lanka War marked the defeat of evil and set the stage for a new path. Similarly, forget bad decisions that you made in the past and make informed decisions to streamline your financial journey.

Happy Ram Lala Consecration