Financial Wellbeing: An Indian Knowledge Systems Perspective
DOI:
https://doi.org/10.31305/rrjiks.2026.v3.n1.020Keywords:
Financial Wellbeing, Financial Behaviour, Indian Knowledge Systems, Sustainable DevelopmentAbstract
Financial wellbeing aims sustainability goals of individual wealth management in a subjective manner than mere accumulation of wealth. Lessons from Indian Knowledge Systems underline this argument and supports reasons for the actions in this line. Purushartha and dharma lead the path in individual behaviour under IKS. Future financial planning tools and education measures can rely on this support for stronger foundation of cultural values and ethical reasoning. When financial wellbeing is not only an individual’s issue, it largely involves families, society and nation at large. Policy formulations and even taxation are discussed in diverse angles in IKS literature. Exposure to the pool of knowledge in the respective domains is surely expected to assist desirable policy making and decisions by individuals, households and even the State. When financial wellbeing calls for goals that are more than objective possessions, with a long term perspective with a social, ethical and cultural perspective, greater sustainability is expected in the pathways ahead.
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