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What do Hinduism and Buddhism have in common concerning the concept of salvation? From what is each seeking to be saved?
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They believe in more of constant rebirths than of a final salvation.
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They seek to be save from a cycle of repeated births, deaths and rebirths. Their common concept is that there is no judgement and condemnation from sin, they will not answer to God.
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Hindus accordingly do not speak of a personal salvation from sin or an expectation of conscious everlasting bliss. Salvation for them is liberation from a potentially endless cycle of birth, death, and rebirth. Buddhism like Hinduism seeks for liberation from life as we know it. It does not offer forgiveness or individual resurrection.
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Both religions believe in reincarnation and a potentially endless ever-continuing life cycle. To Hindus salvation is liberation from this cycle via following the three-fold path. Buddhists follow the four noble truths as a means of achieving nirvana and ending the cycle of being reborn. Both believe that their way of living in the current life determines how they will return in the next.
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Hindus and Buddhists both believe that there is a cycle of birth-death-and rebirth, and the purpose of life is to improve your circumstances in the next life through karma/merit. Eventually, it may be possible for those who attain the ultimate understanding of the universe to leave the cycle of rebirth.