Assistant Professor Gajanan B. Haldankar along with six students participated in a state level workshop on ‘Financial Literacy and Investor Education’ on 19th July 2019 held at Dnyanprassarak Mandal’s College and Research Center, Assagao.
The resource person for this workshop was Mr. Aman Singh Chawala, a financial advisor based in Mumbai. Mr. Chawala spoke about various investment opportunities and the basic mindset of an individual who finds the need of financial literacy in his/her life. The main concept revolved around not just having information about finance, but to have knowledge in order to implement it in one’s daily routine. Mr. Chawala also highlighted the various milestones in the history of the Indian economy such as, LPG (Liberalisation, Privatisation, and Globalisation), Introduction of the Securities and Exchange Board of India (SEBI), technological advancements in share markets etc.
Everybody aspires to become rich someday, or own a luxury car. However, our main goal should be to retire rich, a time where you stop working and money starts working for you! And this is possible when we give topmost priority to our needs instead of our goals and aspirations.
The workshop came to an end at around 4 p.m. with Mr. Chawala giving a live demonstration of two applications called ‘Financial Calculator’ and ‘Buycano’ wherein you could calculate your projected interest on investments, information regarding any investment related scheme, and answering online quizzes to prepare for competitive examinations. Mr. Chawala also suggested the students and faculty members to read books such as, ‘Rich Dad Poor Dad’ by Robert T. Kiyosak, ‘The Intelligent Investor’ by Benjamin Graham, and ‘The Monk Who Sold His Ferrari’ by Robin Sharma.
