Mastering Money: Financial Skills for Life

On September 21st, 2024, between 11:00 AM to 12:30 PM, an insightful virtual event on “Mastering Money: Financial Skills for Life”, co-hosted by Dhiraa and FLO Mumbai, successfully brought together members from Mumbai, Pune, Ahmedabad, and Vadodara chapters. This collaboration marked a significant milestone, fostering a dynamic learning ecosystem focused on financial literacy.

The session opened with a warm welcome, highlighting the importance of financial skills in today’s economy. Participants engaged enthusiastically, raising questions that ranged from foundational financial concepts to more complex topics like Alternative Investment Funds (AIFs) and Portfolio Management Services (PMS). This engagement demonstrated a strong desire for deeper understanding and set the stage for future discussions.

Key takeaways:

– Early Start: Beginning the financial planning early.
– Small Investments: Starting with as little as ₹1,000 per month.
– Diversify: One should Include gold in their investments.
– Informed Decisions: Asking questions and only sign necessary documents.
– Regular Review: Checking investments regularly is important.
– Retirement Planning: Planning for a long retirement.

Overall, the event was a resounding success, empowering participants with the knowledge and confidence to navigate their financial journeys. Attendees left with practical insights and a clearer understanding of how to make informed financial decisions for a secure future.