Whilst out in New York, we thought to do a vlog on money and how we should spend and invest it. No better place to record it than near the biggest stock exchange in the world!
Jagraj Singh talks about how the Panth should progress forward by creating their own financial institutions. He explains with simple examples of how to create money through various exchanges and through the banking system.
He suggests Sikhs should raise large funds and create their own banks. He says Sikhs give money to holy people and let them do whatever they want with it. Jagraj gives the examples of how the Jewish community has their own bank and fund large projects.
A Khalsa bank can greatly Benefit Sikhi and can fund Sikh projects for charity and other needy causes such as funding buildings, Aid, and other useful projects for society.
The step forward would be to gather resources of Sikhs to create financial institutions.