Mastering Money: Financial Skills for Life

FLO Ahmedabad hosted a program titled, “Mastering Money: Financial Skills for Life” on September 21st, 2024 via Zoom. This program offers valuable insights and tools to empower individuals to achieve their financial goals.

The event was one of its kind, where the four chapters namely, FLO Mumbai, FLO Pune, FLO Baroda, and FLO Ahmedabad collaborated to touch upon basic financial jargon and investment plans.

Key Points:
1. Start early. Keep invested.
2. ⁠Start with a small amount as ₹1000 per month.
3. Have gold as part of your portfolio.
4. ⁠Before giving NOC to anyone for managing your finances, ask questions and only sign the papers that are compulsory in nature.
5. ⁠Periodically, check your investment pattern to see whether it is aligned with your life goals.
6. The average age of life expectancy has moved up, but the retirement age is fixed. Everyone needs to plan for a longer retirement day vs the previous generation.