There are several references to the purushartha in the ancient Indian texts. This was a system to adhere to, in order to have a meaningful life. Dharma, artha, kama and moksha are the four pillars of purusharthas. This particular sequence has a great logic and timelessness to it.

Dharma refers to the values that are self imposed. It is the separation of right from wrong, but both are individual, and not universal, in nature. Wealth can be easily generated using dubious means. But if you make money in an unfair or corrupt manner, you need to face the consequence of the societal laws and your own emotions as well. Artha means money and wealth. Kama means desires and as humans, this is an intrinsic part of our life. And finally moksha means liberation, nirvana, or enlightenment.

If we have fulfilled the first three stages in a harmonious manner, then the fourth is a natural process. Moksha is a non-doing state, it just happens. So from the above you will notice that artha comes second in relevance to dharma. This implies that to create wealth you need to first have good values.

Let me share a few rituals and customs from Indian culture and the underlying meaning behind the actions.

Powerful Indian Rituals Associated With Money

The Ritual of Gifting Money

While gifting money, why do we always give an odd figure such as 1001 or 501 and not 1000 or 500? That’s because zero symbolizes the end and one stands for a new beginning. Hence, adding one to a round figure indicates auspiciousness and a wish for the receiver to have a great start to a new endeavor. Incidentally, numbers were discovered by Indians. In Indian culture, money is given by the elders to the younger family members or friends on all important life events such as birth, marriage, graduation or festivals. It’s a blessing to bestow abundance in life. In India, money is accepted as vital energy. And any energy has to keep flowing to allow space for more. So, in the act of gifting money to loved ones, we are also sending out a sign to the universe that we are ready to receive more.

Money and the Gods

Mahalakshmi comes from the Sanskrit words maha, meaning great and lakshaya, meaning focus. Though this is the name of the Indian goddess of wealth and prosperity, the word itself holds the secret to bounty. It is said that the energy of Mahalakshmi blesses those who focus on money with a sense of grandeur. They begin to attract more money to their life. Idols of the goddess are hence placed in areas of work, worship and even in safes and vaults as a reminder to keep the lakshya on attracting more fortune.

The Color of Money

The color red symbolizes life, passion and vitality. It also represents the mooladhara or root chakra. Red represents power and confidence and is used extensively in feng shui. It is a color of good luck and happiness. It brings focus to the essence of life and living with emphasis on survival. Red also signifies passion and is a strong, noticeable color.

Green is the color of Nature and symbolizes the universe. It stands for growth and fertility. In India, the heart chakra is green in color. The anahata or heart chakra is between the three lower materialistic chakras and the three higher spiritual chakras. The heart chakra represents the most powerful energy of love. Paper currency in India is always of these two colors. In America, the dollar was created in a state of high consciousness by a group of mystical people who embedded the energy of color and mystical symbols in the one dollar bill. That’s probably the reason why American currency is accepted as the currency of the world.

Related » Prayers and Mantras for Prosperity

Money and Timing

According to ancient Indian shashtras (scriptures), dusk is the time of arrival of Mahalakshmi. It is the best time to remove negativity from your home or office spaces. During this time you can light sambhrani or dhoop sticks — this is one of the most popular of Indian rituals associated with money. In fact, you’ll always notice this if you visit a typical South Indian household or even restaurant. Fumes from the sambhrani/dhoop are taken all over the workplace or home to purify the space. This signifies that we’re creating a pure and clean environment for money and prosperity to enter.

Among the days, Sukrawar (Friday) receives special attention as the day of money. Friday is the day of the Venus—the planet that represents femininity, fortune, love and leisure. It also stands for inner feeling, which when balanced leads to an overall balance. Venus also represents the power of the material and the spiritual world. Hence, Friday is observed as the day of money. Any money decision can be taken on this day, but a lot of people also do not give money on Friday because they believe that it’s the day to receive and not give cash. However I reckon that this is more a myth than a ritual, because ‘currency’ is meant to flow.

Other auspicious days to exchange money are Akshaya Tritiya, Onam, Pongal, Baisakhi, New Year’s day and all full moon days.

This is an updated version of the article that first appeared in the October 2012 issue of Complete Wellbeing magazine.

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I looked at her in the eye, and told her, “Money is evil?” “Please give me your evil, money. I will gladly accept your evil. Not only this. I will only be too willing to liberate you from this evil.”

Money ain’t bad

This is a commonplace phenomenon, almost Universal in its sweep. It is not uncommon in our country too to witness a host of aphorisms cast against money. “Money is like dirt,” “Money ruins life,” “Money comes and goes; so, why bother?” The list is long.

The point is: like it or not, money is going to be a big part of your life. So, why not have a healthy relationship with it?

One of the most blatant lies you’ve ever heard, or spoken, is, “Money is not important in my life.” The truth is: money is an integral part of your being as the air you breathe. It is as vital to your wellbeing as mother’s milk to the newly-born baby. It is also like blood circulation – inadequate flow of money in your life will result in a sickly existence. Nobody loves you without money – not even your mother; forget about yourself.

Money fulfils

Abundance and prosperity apply to money; they also go beyond money. On the material plane, money leads to fulfilment of your wants, needs, and desires. It is having enough and more than enough money that will allow you to possess ample reserves in terms of savings and asset creation – it allows you to enjoy what you have created.

From the spiritual perspective, money enables us to propel a deep connectivity of oneself with the Universe. It also conforms to living in the present-moment, and being totally conscious of every moment. It instils in us a feeling of security and contentment – having peace of mind and happiness, unbounded, infinite, and unlimited. Finally, it corresponds to leading a meaningful life – in harmony with existence itself.

Just pull a currency note out of your wallet, and take a good look. Caress it with love, care, and awareness. You are now witness to the story of your own life. Why? Because, every currency note, or coin, tells a fascinating story about you.

Just think of it, again – from relationships to health – our life is deeply entwined with money.

This ain’t all. Money holds a very special mirror – a mirror that reflects the reality and truth of our lives, exactly as it is, not what isn’t.

So, isn’t it time you [re]discovered your “lost” inner child and developed a playful attitude towards money, right away?!

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