What Buddhism says about money and meaning

by CHRIS TAYLOR, Reuters, Aug. 27, 2015

NEW YORK, USA -- Buddhism, which holds that wealth is temporary and no path to happiness, might not sound like the best source for money wisdom.

Not so, says Ethan Nichtern, the prominent Buddhist teacher, who has written a new book, The Road Home, on self-awareness and spiritual seeking.

Money is unavoidable and it is people’s attitude to it that causes worry and stress, Mr. Nichtern says, who discusses here how money fits into a spiritual approach to the world.

Can we escape our connection to money – or should we?

We need to have some kind of system for measuring how we consume, produce and share. So there will always be money in any complex society. And any human who wants to pay the rent has to learn the rules of budgeting.

But it’s not just a necessary evil. Money can also be spiritual or divine, by powering whatever positive activity you want to engage in.

You were raised in money-centric New York City. Did that shape your views?

Growing up on the Upper West Side and in the East Village, I certainly realized how important money was. It determines so much of the structure of our world, and it also brings so much stress along with it. Especially in New York, people feel burdened by the need for the security and status that money brings. That’s why we all need to open up and have this conversation. I’ve never had the [billionaire] Koch Brothers in my class, though – that could be awkward.

Why is money seen as the solution to all our problems?

In life, we are all wandering around in circles, thinking that our next stop will be exactly what we have always been looking for. But we never arrive – it’s an illusion of an oasis. It is the same thing with materialism: The idea that ‘If I get the right stuff, I will finally feel at home.’ But we can never acquire enough stuff.

Why are we so dependent on something so abstract?

First money was gold coins, then it was paper, and at a certain point it just became computer files. Money has become more and more abstract, and we are basically just agreeing that this is the way things are. But that doesn’t make it any less powerful. Even though it is abstract, we cling to it as part of our identity.

People’s foremost money worry is retirement. How can we deal with that anxiety?

Buddhism teaches about cause and effect. So by all means, prepare for retirement. There is nothing wrong with that. But the other way to look at it is, if the mind is insecure, then no amount of money will ever make us feel safe. Even if you saved $50-million, you would just worry about something else, like getting cancer or having a car accident. Just try to remember that everyone else on Earth has a similar anxiety. Then you won’t feel so alone. So plan well, and then let go.

How can people use money as a positive tool?

We are taught to use money in ways that isolate us. But money is an exchange. If there was only one person in the world, you could be a trillionaire, but it wouldn’t even matter because all that money would be worthless.

Think about how money connects you to other people. From a Buddhist standpoint, you should think about how to use that money to empower others.

Any final messages about the possibilities of money?

You can be an awakened human being, and also make a living at the same time. When people say money is dirty, then they are just leaving it all to people who don’t have any spiritual practices or values. That is an abdication of our responsibilities. Those of us with compassion actually need to go deeper into these arenas. With money, we can empower some very meaningful things in the world.

We Need Your Help to Train the
Buddhist AI Chat Bot
NORBU!
(Neural Operator for Responsible Buddhist Understanding)



For Malaysians and Singaporeans, please make your donation to the following account:

Account Name: Bodhi Vision
Account No:. 2122 00000 44661
Bank: RHB

The SWIFT/BIC code for RHB Bank Berhad is: RHBBMYKLXXX
Address: 11-15, Jalan SS 24/11, Taman Megah, 47301 Petaling Jaya, Selangor
Phone: 603-9206 8118

Note: Please indicate your name in the payment slip. Thank you.


Dear Friends in the Dharma,

We seek your generous support to help us train NORBU, the word's first Buddhist AI Chat Bot.

Here are some ways you can contribute to this noble cause:

One-time Donation or Loan: A single contribution, regardless of its size, will go a long way in helping us reach our goal and make the Buddhist LLM a beacon of wisdom for all.

How will your donation / loan be used? Download the NORBU White Paper for details.



For Malaysians and Singaporeans, please make your donation to the following account:

Account Name: Bodhi Vision
Account No:. 2122 00000 44661
Bank: RHB

The SWIFT/BIC code for RHB Bank Berhad is: RHBBMYKLXXX
Address: 11-15, Jalan SS 24/11, Taman Megah, 47301 Petaling Jaya, Selangor
Phone: 603-9206 8118

Note: Please indicate your purpose of payment (loan or donation) in the payment slip. Thank you.

Once payment is banked in, please send the payment slip via email to: editor@buddhistchannel.tv. Your donation/loan will be published and publicly acknowledged on the Buddhist Channel.

Spread the Word: Share this initiative with your friends, family and fellow Dharma enthusiasts. Join "Friends of Norbu" at: https://www.facebook.com/groups/norbuchatbot. Together, we can build a stronger community and create a positive impact on a global scale.

Volunteer: If you possess expertise in AI, natural language processing, Dharma knowledge in terms of Buddhist sutras in various languages or related fields, and wish to lend your skills, please contact us. Your knowledge and passion could be invaluable to our project's success.

Your support is part of a collective effort to preserve and disseminate the profound teachings of Buddhism. By contributing to the NORBU, you become a "virtual Bodhisattva" to make Buddhist wisdom more accessible to seekers worldwide.

Thank you for helping to make NORBU a wise and compassionate Buddhist Chatbot!

May you be blessed with inner peace and wisdom,

With deepest gratitude,

Kooi F. Lim
On behalf of The Buddhist Channel Team


Note: To date, we have received the following contributions for NORBU:
US$ 75 from Gary Gach (Loan)
US$ 50 from Chong Sim Keong
MYR 300 from Wilson Tee
MYR 500 from Lim Yan Pok
MYR 50 from Oon Yeoh
MYR 200 from Ooi Poh Tin
MYR 300 from Lai Swee Pin
MYR 100 from Ong Hooi Sian
MYR 1,000 from Fam Sin Nin
MYR 500 from Oh teik Bin
MYR 300 from Yeoh Ai Guat
MYR 300 from Yong Lily
MYR 50 from Bandar Utama Buddhist Society
MYR 1,000 from Chiam Swee Ann
MYR 1,000 from Lye Veei Chiew
MYR 1,000 from Por Yong Tong
MYR 80 from Lee Wai Yee
MYR 500 from Pek Chee Hen
MYR 300 from Hor Tuck Loon
MYR 1,000 from Wise Payments Malaysia Sdn Bhd
MYR 200 from Teo Yen Hua
MYR 500 from Ng Wee Keat
MYR 10,000 from Chang Quai Hung, Jackie (Loan)
MYR 10,000 from K. C. Lim & Agnes (Loan)
MYR 10,000 from Juin & Jooky Tan (Loan)
MYR 100 from Poh Boon Fong (on behalf of SXI Buddhist Students Society)
MYR 10,000 from Fam Shan-Shan (Loan)
MYR 10,000 from John Fam (Loan)
MYR 500 from Phang Cheng Kar
MYR 100 from Lee Suat Yee
MYR 500 from Teo Chwee Hoon (on behalf of Lai Siow Kee)
MYR 200 from Mak Yuen Chau

We express our deep gratitude for the support and generosity.

If you have any enquiries, please write to: editor@buddhistchannel.tv


TOP