In a horoscope, 12th house is said to signify the following with respect to money:
Essentially, we are talking about going away of money, either benefiting the
individual (the pleasure of spending) or causing grief (losses). If there are benefic influences, the effect is former, where the individual spends the money on good deeds. If there are malefic or cruel influences, the effect is that either the money is spent in a questionable way or the wealth is frittered away.
The placement of the 12th lord is important. The following houses cannot be considered good for placement of 12th lord:
In general placement of 12th house lord is considered bad in trines or quadrants. However, according to How to Judge a Horoscope, Volume 2, 9th house is considered excellent placement for 12th house lord provided there is other benefic influence on the house/planet.
Good placement of 12th lord and good placement of planets in 12th lord, make a person generous. Benefics in 12th make a person thrifty.
A placement of afflicted planets will fritter away the wealth. Dr. Raman provides a set of guidelines as to how the money would be spent:
|S.No.||Planet||Type of expenditure/loss|
|1.||Sun||money taken away by government of the day|
|2.||Mars||Enemies/Wars, ransom, cheating, fire|
|3.||Mercury||Loss due to speculation in share market|
|4.||Venus||Scandals, blackmails, etc.|