Tag: Financial Literacy

Hiren D April 20, 2023

Invest without reason!

Investing is allocating money to assets with the view of improving your future. One does invest for better portfolio returns and to increase the amount invested to a larger amount. Investment decisions are frequently more specific, and investments are made to achieve a predetermined goal. Setting investing goals is traditionally thought to help provide clarity, […]

Sneha Pisal April 5, 2023

Saving and Investing: What Every Young Adult Should Know

Congratulations, young adults, you’re officially part of the financial jungle! As you make your way through the world, you’ll encounter two crucial concepts: saving and investing. These financial tools can seem daunting, but with a little bit of guidance, you’ll be on your way to building a strong financial foundation that will last you a […]

Sneha Pisal February 5, 2023

Gen Z has the lowest financial literacy!

Financial literacy is low within each of the five generations—the Silent Generation, Baby Boomers, Gen X, Gen Y, and Gen Z—but is the lowest among Gen Z. As per a recent study conducted by the Securities and Exchange Board of India (SEBI), only 27% of the Indian population is financially literate. Financial literacy is generally […]

Sneha Pisal January 20, 2023

Why is financial literacy education for teenagers important?

Financial literacy is crucial for teenagers as the “gig economy” grows, pensions disintegrate, and entrepreneurship becomes more popular. Hence, “Financial literacy is important for teenagers” is the topic of discussion. Keep in mind that the majority of the upcoming generation of business owners will likely be bootstrapping their operations since only a small proportion will […]

Sneha Pisal January 5, 2023

Role of Financial Literacy in Women’s Empowerment

Currently, less than a third of the population of India is financially literate. Of these individuals, women in impoverished states make up a disproportionate rate of the financially illiterate compared to men. As financial illiteracy is directly correlated to income levels, it is no surprise that women also live in poverty. The pandemic has further […]