On this day, 7 January 2022, the OM Full Moon Day, it is also Mahayana New Year. Just as Christianity and Islam have different streams of practice, so also does Buddhism. There is the “Great Vessel” and there is Theravada (also known as Hinayana, the vehicle of the Hearers), and Vajrayana. Mahayana means ‘the great way’, which aims to benefit all people and all forms of life. This word comes from one of the ways a person can practice Buddhism. The motivation for their meditation, prayers, ritual, and mantra can be not just for their own sake, but for the sake of all their precious family, and for the sake of all beings. On this day of Mahayana New Year we take an overview of Mahayana Buddhism.