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There are a number of wonderful laws and teachings in the Baha'i faith for the creation of a balanced society where there are no extremes of wealth or poverty. many of these laws must be put into practice by Governments of the world, but the basic solution of the economic problems of today depends upon the individual. Baha'is are encouraged to make every effort towards material as well as spiritual advancement, but they should never forget these words of Baha'u'llah:
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The essence of wealth is love for Me. Whoso  loveth  Me  is  the  possessor
  of all things, and he that loveth Me not is, indeed , of the poor and needy. "
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True wealth for a Baha'i then is the love of God in his heart. When he possesses this great treasure which no one can take away from him, material riches will not be of great value in his eyes and outward poverty cannot become the cause of his unhappiness. Baha'u'llah says :
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"   O Son of My Handmaid !
Be not troubled in poverty nor confident in riches, for poverty
is followed by riches, and  riches  are  followed  by poverty..."
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Once our hearts are detached from the riches of this world , it becomes easy for us to share our wealth with those who are in need, and this is what Baha'u'llah expects His followers to do. In one of the Tablets of Abdu'l-Baha we read:
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" Among the teachings of Baha'u'llah is voluntary sharing of one's property with others
  among mankind. This voluntary sharing is  greater  than  ( legally imposed ) equality,
  and consists in this , that  one  should not prefer  oneself to others, but rather should
  sacrifice one's  life and  property  for  others. But  this  should  not  be  introduced by
  coercion so that it becomes  a  law  which  man  is  compelled  to  follow. Nay, rather,
   man should  voluntarily  and  of  his  own  choice  sacrifice  his  property  and  life for
 others, and spend willingly  for  the poor, just as is done in Iran among the Baha'is. "
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