Steps to Healthy Finances

FLO Mumbai in association with Womoneysta organised a masterclass on Steps to Healthy Finances moderated by Rachna Patel, Founder Content , Womoneysta

The 2 hour masterclass covered all that one needs to know about finance and how to safeguard oneself to earn more. Interactive exercises with members were undertaken to teach equity, mutual funds, insurance and how to judge a company before investing in it.

Womoneysta spoke about the 50:20:30 ratio when one has to invest their money in fd, savings account and equity which will protect them in the long term and help maintain their existing lifestyle. Importance of health insurance versus life insurance was well explained.

Members queries on ULIP , mutual funds , term insurance was clarified with examples .

Overall the session covered topics which every women should be aware of noth in business and personal life. Awareness and caution about equity market, debt market, mutual funds , insurance premiums , gold , was very well emphasized with comparison of different market indices.