The Money Saving System Jews Learned as Children

We would like to start this subject with the following words of Ibn Khaldun, expressed with profound wisdom: “The organized minority dominates the unorganized majority.” This idea helps us understand the power of many communities throughout history. The influence of the Jewish community on the world economy is also a shining example of this principle.

We all know how Jewish communities have had a say in the world economy from past to present. Alright, How did they manage to position themselves effectively in this world economy? Have you ever wondered?

The Jewish community, which numbers approximately 16 million worldwide, has a power that directly and indirectly affects billions of people other than themselves.

This impact affects their own companies as well as companies they choose or buy This is due to their domination of the economy in other countries.

They manage to eliminate their opponents by supporting each other as an organized minority or by publicly highlighting their chosen people. This is especially true of capital markets and their control of the means of production We can also say that it is a result.

In sectors such as banking Their control of a large portion of the money around the world also gives them the power to determine the prices of goods.

This allows them to benefit from capital over a period of time and then drive their competitors out of the market It allows. In this process, they can cover the losses by increasing prices during the competition period.

Today, the majority of energy companies operating around the world are owned by Jewish business people.

Operating in the healthcare sector pharmaceutical and medical The companies are generally owned by them or by local collaborators they buy from. Control in the agricultural and animal food markets, especially in seeds, is largely controlled by these global companies or their local collaborators. Weapons industry and technology Most of the companies operating in the field also belong to these groups.

So you see, in the production and marketing of humanity’s basic needs There are Jewish business people or people they cooperate with.

In fact, behind these successes lies a financial discipline that comes from childhood.

jar system The Jewish community, which is accustomed to this system from a young age, learns how to manage money better. This actually provides them with a huge financial gain.

In Jewish culture, talmud Teachings from and other religious sources encourage a careful and responsible attitude towards financial management.

These teachings; It aims to save money, be prepared for future uncertainties and support community needs. However Tradition of saving money in Jewish societymay vary depending on individuals’ financial situations and cultural differences.

Family values ​​often form an important part of financial goals in the Jewish community. Investing in education and ensuring the welfare of future generationsis one of the cornerstones of money saving traditions.

Well, isn’t this ‘jar system’ just like normal money saving?

These teachings; careful management of money, Be prepared for future uncertainties and aims to provide support to community needs. However, the tradition of saving money in the Jewish community may vary depending on individuals’ financial situations and cultural differences.

This system is used to teach children how to allocate money to be given for charity; Generosity in Jewish thought and emphasizes the values ​​of helping others.

to the child, He is told to put 10% of the money he receives into the first jar. This is seen as a cure for selfish thoughts because the person looks out for others rather than thinking about their own needs first.

10% share allocated to the second jar, He leaves to help those less fortunate in society. The child is taught to put 1 of the $10 he has in this jar. This action supports the idea that one should consider the needs of others before meeting one’s own needs.

third jar, It is an investment jar and the child is taught to put 20% of the money he earns there. Purpose of this; It is not only saving money but also increasing it by investing.

The child tries to increase the money in the third jar. Encouraged to consider business projects. This also aims to improve financial thinking and investment skills.

This education system aims to instill financial discipline in children from an early age and create a strong foundation for future business projects.

The remaining fourth jar is reserved for emergencies. It may be difficult to cash out some of the investments in the third jar to cover unforeseen emergencies, so there are funds created specifically for such situations. The fourth jar comes into play.

All these teachings It is given to ensure that a child is conscious and prepared in financial matters until he or she reaches the age of 12.

Let’s come to the last jar. Fifth jar, spending jar It is called 50% of the money that the child does not allocate to the first four jars. The child is given the freedom to spend 50% of what he wants, within the limits accepted in the culture.

These principles, which form the basis of the Five Jars model, include:

Firstly, The individual should consider the needs of the less fortunate in society before meeting his own needs. conveys his opinion.

Considering investment before consumption It adopts the mentality of necessity. It encourages the person to develop spending habits so that they learn to adjust their lifestyle according to their income capacity.

Imagining how these three principles can be transformative on a personal and family level forms the overview of the Five Jars model.

Putting these principles into practice today, using these principles for your planned expenses, It can be a start to developing healthy habits in the financial field. If the spending jar is not the only determinant, it can be a sign of financial troubles; Therefore, it may be important to follow the education received.

The Jewish society that grew up with this system appears as the “hand that regulates the market”, which Adam Smith called the “invisible hand”.

In addition to all this system we have described to dominate the world economy Of course, there is a different discipline and system behind it. Particularly in Jewish culture, there is a tendency to avoid binding tasks.

Working for someone else is perceived as outside of a long-standing tradition for them. That’s why Jews They generally preferred to establish and manage their own businesses.

If you pay attention, in a capitalist world where working under the state is not mandatory and the private sector can survive, It is more common for individuals to work on their own.

On the other hand, It is also important to acknowledge competition. While competition offers the opportunity to gain wealth, it also brings the risk of failure.

To manage this risk, solidarity and participation in social organizations are important. Jewry, While they generally lend money to everyone with interest, they have continued the tradition of giving interest-free loans to those in need among themselves; This is a different interpretation of the capitalist doctrine.

The last item we will add is perhaps the most important. Most of their wealth is usually They do not invest in liquid assets. This makes wealth flexible and portable, and also allows them to seize opportunities that may arise in the market. However It is believed that real wealth is living in health. and while money can be replaced, the value of life is emphasized.

Living a good life, educating children well and always having assets for unexpected situations is the most important thing for them. Now, we understand better how they dominate a large part of the world economy with the discipline and system we lack, right?

Our other content related to economy: