Before sharing our money to provide happiness for others, that money must be earned ethically from our physical and intellectual efforts. The Buddha stated that there are 4 functions to spend our money.
1.Take care of yourself
You must be happy in both body and mind and have the quality of life in balance with your status. And then you can take care of your family, subordinates including your friends.
2.Protect yourself from danger
You spend money to guard yourself against natural disasters and risks such as fire, flood, earthquake, and theft. In other words, to buy life insurance.
3.Contribute to others
You offer your money to help support 5 groups of people; 1. Relatives 2. Those who ask you 3. Deceased relatives 4. Nation (Tax payment) and 5. God and Goddess.
4.Brahmin / Practitioner / Those who commit themselves to Dharma
You donate your money to them as you believe that your good deeds will carry on to the next life and will be a resource in preparation for the transmigration journey.
After studying the Buddha’s words, you may compare with the environment and people around you and realize that his Mighty words are powerful and deep. You may strive for saving money and investing in stocks and property, but you can’t take any piece of assets with you when you leave this world.
Amazingly, the Buddha stated that Gratitude is the utmost auspiciousness. When you make merit, you realize that it’s your responsibility to pass on your good deed to your passing family members and relatives.
Many people may doubt and wonder what they should do. How they can share their income with family while they’re still facing challenges in supporting themselves with their insufficient money.