parag riktam apurnam va
aksaram yat tad om iti
yat kincid om iti bruyat
tena ricyeta vai puman
bhiksave sarvam om kurvan
nalam kamena catmane
parakthat which separates; riktamthat which makes one free from attachment; apurnamthat which is insufficient; vaeither; aksaramthis syllable; yatthat; tatwhich; omomkara; itithus stated; yatwhich; kincitwhatever; omthis word om; itithus; bruyatif you say; tenaby such an utterance; ricyetaone becomes free; vaiindeed; pumana person; bhiksaveunto a beggar; sarvameverything; om kurvangiving charity by uttering the word om; nanot; alamsufficiently; kamenafor sense gratification; caalso; atmanefor self-realization.
The utterance of the word om signifies separation from ones monetary assets. In other words, by uttering this word one becomes free from attachment to money because his money is taken away from him. To be without money is not very satisfactory, for in that position one cannot fulfill ones desires. In other words, by using the word om one becomes poverty-stricken. Especially when one gives charity to a poor man or beggar, one remains unfulfilled in self-realization and in sense gratification.
Maharaja Bali wanted to give everything to Vamanadeva, who had appeared as a beggar, but Sukracarya, being Maharaja Balis familial spiritual master in the line of seminal succession, could not appreciate Maharaja Balis promise. Sukracarya gave Vedic evidence that one should not give everything to a poor man. Rather, when a poor man comes for charity one should untruthfully say, Whatever I have I have given you. I have no more. It is not that one should give everything to him. Actually the word om is meant for om tat sat, the Absolute Truth. Omkara is meant for freedom from all attachment to money because money should be spent for the purpose of the Supreme. The tendency of modern civilization is to give money in charity to the poor. Such charity has no spiritual value because we actually see that although there are so many hospitals and other foundations and institutions for the poor, according to the three modes of material nature a class of poor men is always destined to continue. Even though there are so many charitable institutions, poverty has not been driven from human society. Therefore it is recommended here, bhiksave sarvam om kurvan nalam kamena catmane. One should not give everything to the beggars among the poor.
The best solution is that of the Krsna consciousness movement. This movement is always kind to the poor, not only because it feeds them but also because it gives them enlightenment by teaching them how to become Krsna conscious. We are therefore opening hundreds and thousands of centers for those who are poor, both in money and in knowledge, to enlighten them in Krsna consciousness and reform their character by teaching them how to avoid illicit sex, intoxication, meat-eating and gambling, which are the most sinful activities and which cause people to suffer, life after life. The best way to use money is to open such a center, where all may come live and reform their character. They may live very comfortably, without denial of any of the bodys necessities, but they live under spiritual control, and thus they live happily and save time for advancement in Krsna consciousness. If one has money, it should not be squandered away on nothing. It should be used to push forward the Krsna consciousness movement so that all of human society will become happy, prosperous and hopeful of being promoted back home, back to Godhead. The Vedic mantra in this regard reads as follows:
parag va etad riktam aksaram yad etad om iti tad yat kincid om iti ahatraivasmai tad ricyate; sa yat sarvam om kuryad ricyad atmanam sa kamebhyo nalam syat.

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