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1. How do I safeguard my child's education?
2. How do I save for our family vacation?
3. How do I prepare for unplanned job loss?
4. How do I secure a financially comfortable retirement?
QUESTIONS such as the above are being asked across the world, particularly due to the COVID-19 pandemic.
FINANCIAL LITERACY is recognized as a critical skill that is widely lacking among students and young earners. In India, 66% of household assets are kept as bank fixed deposits and cash (Reserve Bank of India, June 2020).
BACKGROUND: This book is the outcome of the author's conversations with his child during the COVID-19 (coronavirus) pandemic which increased awareness of the criticality of financial planning. The book details the steps to develop financial literacy and achieve financial success to meet life’s goals.
APPROACH: The book describes the prerequisites needed to embark on a journey towards financial...
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