An Exploratory Study of Ashrama System with Focus on Financial Aspect.

Moksha, or spiritual liberation, is the ultimate goal of mankind, based on the Hindu Value System. For this objective to be attained the ancient Indian civilization was split into four fundamental stages of life known as ashramas. The term 'ashrama 'is originated from the roots i.e. 'shram 'which denotes efforts. The derivative term 'ashrama' refers to a condition in which an individual undertakes ones' own self efforts. Brahmacharya, Grihastha, Vanprastha, and the Sanayasa ashrama, every ashrama symbolized a certain life phase in addition to the roles and responsibilities that one was expected to accomplish. On the other hand, if one adhered to and followed the laws and regulations provided in the ashrama system, one would inevitably lead a prosperous and fulfilling life throughout all stages of life. This research isfocused on thefinancial component and its significance to the well-established vedic idea of the ashrama system, among other dimensions such as academic, societal, and emotive. This methodology relies on the secondary analysis, and no prior research in this field has indeed been undertaken. These guidelines werefounded on a solid basis and, ifnotfollowed, would result in a plethora of social vices. The most pertinent concerns in this context are, firstly, what influence these phases or ashrama had on individuals finances, then secondly, whether we should return towards the ashrama system once again? [ABSTRACT FROM AUTHOR]