Today marks the first day of the Chinese New Year of 4710, with celebrations that will continue up to 15 days. For many families, the new year begins with fasting—after a feast last night. It's traditional to mark the new year with forgiveness and reconciliation—take advantage of the occasion and make a wish of peace and happiness for others unsecured loans.
You Need To Know It's Also Buddha's Birthday: Tradition holds the first day of the new year as the birthday of Maitreya Bodhisattva, or Budai Luohan, the prince who attained nirvana and became the Buddha.
You Need To Know About New Year's Traditions: Listen up, kids: it's traditional for parents to give their kids red envelopes with money on the first day of the Chinese New Year—it's a way of launching the new year with a sign of prosperity and good fortune (employees may also get bonuses today, as well!). bad credit loans
You Need To Know The Calendar Is Lunar: The Chinese calendar is based on the lunar cycle, instead of the solar cycles we're used to, which is why the dates move a bit from year to year. The new year usually begins with the second new moon after the winter solstice (usually Dec. 21).
You Need To Know It Might Be The Year 4649...But It Doesn't Matter: China is a big country, with a long history, so things are always cut and dried. Tradition holds the calendar dates to the reign of Hunag-di, known as the Yellow Emperor, who was credited as the originator of the centralized state and Chinese culture. But the Chinese didn't keep track of the calendar in a sequential way for the most part, instead choosing to track years through the years of the subsequent dynasties.
You Need To Know Local Celebrations: Where else would you go but New York's Chinatown? Take in the Firecracker Ceremony and Cultural Festival, sponsored by the Better Chinatown Society, at Sara Roosevelt Park (at Canal and Forsyth streets), from 11 a.m. to 3:30 p.m. There will be singers and dancers, and lion, dragon and unicorn dance troupes marching through the Chinatown area.

While the Year of the Rabbit was characterized by calm and tranquility, the Year of the Dragon will be marked by excitement, unpredictability, exhilaration and intensity. The Rabbit imbues people with a sense of cautious optimism, but people respond to the spirit of the Dragon with energy, vitality and unbridled enthusiasm, often throwing all caution to the wind – which can be an unwise move: