I'm into Buddhism for years and I also have a small book about it, which shows some guidelines.
Here is an website, which shows the same principles about handling money in Buddhism
https://essenceofbuddhism.wordpress.com ... our-money/
Gathering wealth as bees do honey and heaping it up like an ant hill. Once wealth is accumulated, family and household life may follow.
By dividing wealth into four parts, True friendships are bound;
One part should be enjoyed;
Two parts invested in business;
And the fourth set aside Against future misfortunes.
So, the Buddha said – divide your pay into 4 parts:
- 25% – 1 Part to be enjoyed and used however you want
- 50% – 2 Parts to be invested in business
- 25% – 1 Part to be saved for emergencies
That makes a Savings Rate of about 75% aligned to Buddha's principles.
When I first saw it, I had to smile, due to the good compatibility of ERE and FI principles.
How do you think about and interprate (those) money principles of Buddhism?