Significance of Shadripu in Financial Decision Making

Significance of Shadripu in Financial Decision Making

Registration ID: IJNRD_193028

Published ID: IJNRD2304678

DOI: Click Here to Get

Somya Nagar , Dr. Richa Chauhan

Shadripu, financial decision making, personality traits

Most ancient writings emphasize on the pursuit of life's ultimate aim (moksha), which is the major goal of every human being, and different methods specified in the Vedas, Upanishads, and other texts to achieve it. Shadripu or the six enemies as mentioned in the paper below are the barriers of the same. While attaining Moksha is the ultimate objective of life, collecting riches, or dhan, comes in second. Earning riches by virtuous ways, or sattvik dhan, is important. Our personality, or the way we behave, has an impact on our decision-making. As a result, the article elucidates the significance of personality traits in our financial decision making. The paper studies the impact these six enemies of mind or the shadripu lays on the financial decision making. As the study is based on the scriptures and preaching of Vedas thus, uses indigenous methodology and is based on secondary data. The researcher further elucidates each personality trait in detail along with their influence on decision making regarding day-to-day financial aspects of life. No such study has earlier been undertaken regarding the shadripu and its influence on the financial aspect.

Published Paper   E-Certificate

"Significance of Shadripu in Financial Decision Making", IJNRD - INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (www.IJNRD.org), ISSN:2456-4184, Vol.8, Issue 4, page no.g561-g568, April-2023, Available :https://ijnrd.org/papers/IJNRD2304678.pdf

Volume 8 Issue 4, April-2023

Pages : g561-g568

Paper Reg. ID: IJNRD_193028

Published Paper Id: IJNRD2304678

Downloads: 000121182

Research Area: Commerce

Country: Jaipur, Rajasthan, India

Published Paper PDF: https://ijnrd.org/papers/IJNRD2304678.pdf

Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2304678

Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)

ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016

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This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition

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