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Financial Lesson from Sikh Religion | Jaspreet Singh

23 Jul 2024 · 1 min

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In this monologue, Jaspreet Singh explains the three core principles of Sikhism—Nam Jap (remembering God), Wand Chako (serving others before oneself), and Kirat Karo (earning an honest living)—and connects them to modern financial education and wealth. He argues that wealth should not be equated with greed; instead, its purpose is twofold: to provide for oneself and to enable helping those in need. Singh emphasizes that financial literacy empowers individuals to break the cycle of scarcity, allowing them to support others, and frames wealth as a moral responsibility rather than a selfish pursuit.

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The Sikh religion essentially has three major pillars, let's call it. Nam Jap, Wand Chako, and Kirat Karo. Which means, number one, remember God. Serve others before you serve yourself. And Kirat Karo means earn an honest living. I'm not here to preach and tell people you got to follow, you know, our religious principles or anything along those lines. But at the end of the day, a lot of times people assume that making money means you got to be greedy, hoard money, and be this evil bad person. But that's not what being wealth should be about. The whole purpose of becoming wealthy is number one, so you can take care of yourself, but also number two, take care of people around you. Give back, help others, help other people that can't help themselves. That's really the power now of you going out becoming financially educated, because if you are struggling to eat, how are you going to pay to feed a hungry person?