Financial Decision || Acharya Prashant

Full video: Why most people struggle with money || Acharya Prashant, with Youth (2022)

Transcript

00:00Good spirituality is good economics. If you are not a spiritual person then you will make all

00:06economically unwise decisions in your life. We do not know what to purchase. We do not know what

00:12really is valuable. I'm not merely talking of courage or compassion or wisdom or relationships.

00:18I'm talking of something very material and tangible. How do you decide for example which

00:23car to purchase? How do you decide whether you need to rent a house or buy it? Tell me please.

00:28Isn't it a subjective decision? Isn't it a thing of your own wisdom? And if you're not wise enough

00:34then you will end up buying a house where a rented thing might have sufficed. And you very well know

00:41the home loan EMI. Now for 20 years you are in bondage. It will look like a financial transaction.

00:47A certain amount is deducted from your bank account every month. But what has happened is

00:52actually a spiritually unwise decision.