The Buddha`s Right View of Money

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Status: Finished  |  Genre: Non-Fiction  |  House: Spiritual Messages

Money makes the world go round, but sometimes it can bring poverty. Here`s how to view wealth and insure you keep more of it.

Money, whether in gold bullion or paper dollars, has been the medium of exchange over the centuries. A convenient method over the barter system as a means of commerce, money has brought the world achievement in all areas of living. To this day, a dollar is a convenient method of exchange for goods and services. It represents what it will buy based on what we perceive an item is worth. Every item has a different price tag based on the cost to produce it.

We realize that the printed number on a paper dollar does not reflect the value of the paper, merely that it buys the equivalent of any product or service with a price tag. That paper is relatively worthless, except in the case of hard currency. No one would exchange a gold dollar for a product based solely on the printed value of the coin.

We place a great deal of emphasis on money, even though its value fluctuates with market conditions. Inflation, recession, and depression often cause fluctuations in what a dollar will buy. Trouble begins when we associate money with status. We feel that the more money we possess, the wealthier we are. This is true to some extent, but money has an illusory quality. A dollar on the bill may not buy tomorrow what it does today. This is why many put so much attention on money. Money equates with wealth. But wealth tends to disappear quickly. Paper dollars become worthless in high inflationary times.

We need to remember that how much we possess does not define our character. The more money we have does not make us superior to everyone else. The same can be said about material possessions. Fancy cars and expensive homes are not necessarily markers of wealth as all things physical are illusory. A home, not cared for will ultimately rot and collapse. The physical world we inhabit lasts forever and neither does our wealth. Everything that has a physical nature eventually deteriorates with time. The value of a dollar will, over time, buy less. It will also cause the owners to lose some or all under poor financial management.

Unless money is based on a foundation that does not deteriorate in time, such as a gold or silver standard, money has little value, except for what people decide what it will buy.

In today's world, there is no standard foundation as there once was. A paper dollar is assumed to buy a home or vehicle based on the cost of the manufacturing facility and the costs required to pay its employees and the executives at the top.

The monetary standard as it exists today is the best system we have for trade and commerce, but any system devised by man is always flawed. Few people can trade for services with hard metals that hold value through periods of economic uncertainty.

Money, as it`s said, does not buy happiness as it is a physical construction. It can only buy physical objects or services, but it cannot buy love or compassion which are spiritually based. The world does not turn on good emotions between those who possess cash. The spiritual qualities of love toward one another that creates a spirit of unity.

Since most of us put such a value on what we have, we cannot create a world of lasting peace, nor ensure safety for all people. We focus our attention on what we can accumulate, often at the expense of others. Many worship the dollar. They let their lives revolve around the dollar to the exclusion of all else. This illusion causes us to lose sight of what life should be about. Getting more, wanting more becomes the only reason for existence. As we struggle to acquire more, we become fearful of losing what we have to predators. Our egos take over and we become selfish, greedy for more. But more wealth never brings a feeling of security. We become insensitive to the needs of the poor. A lavish lifestyle brings with it psychological and emotional imbalance.

We may not realize the impermanence of what we have. The more we have, the more we should be generous and compassionate to those who have less. Some of the most secure members of society have given up the need to pursue wealth. They find happiness in living a simple lifestyle. They find that accumulation of wealth isn't the real purpose of life.

As an exchange of goods and services, money exists to serve. Many have the wrong impression that money is a source of evil, but the Bible clearly states that “the love of money is the root of evil.” We value it far beyond its reputation.

Money does nothing if it is hoarded. It must be used to service the individual and produce a better life for all humanity.


 


Submitted: April 22, 2020

© Copyright 2021 Mario. All rights reserved.

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