Answer:
The culture and customs of the Newar are quite rich, and they have distinctive ways of life. They have a lot of traditions that must be followed from birth till death. They celebrate holidays, hold weddings, and conduct funerals all in their own unique ways.
Are Newars from Kathmandu Valley rich?
Newars were rich in the past but not anymore. Because they acquired land in the Kathmandu Valley under the Rana era, Newars were wealthy in earlier times. They gradually sold all of their possessions to individuals from Terai and other regions of Nepal in order to support themselves. Selling their ancestor's, grandfather's, and father's estates to people from Terai and other regions of Nepal at high prices allows Newars to make money and accumulate cash for their daily needs. They obtain money to live in such way. If you look closely, you'll discover that the majority of Newars have already sold off all of their possessions to individuals who are from outside the valley. As a result, most Newars have little to nothing left and are fighting to maintain a decent standard of living. Locals in Kathmandu have never given much thought to the future. They sold up their possessions so they could enjoy life, drink alcohol, play cards, fall in love at a young age, engage in hooliganism, and other vices. Even yet, they have a mechanism in place for starting to provide alcohol just after delivery. Instead of considering the future, the future of their children, and their children's careers, they live by the ideology of strutting around. This is the reason why the Newars and other local Kathmandu residents are falling behind.