FLO Kolkata, under the leadership of Chairperson Ms. Mansi Agarwal, hosted “Power Up Your Paisa with Rachana Ranade” at International Management Institute, Kolkata, as an interactive engagement aligned with Financial Literacy, Digital Literacy, and AI. The session focused on encouraging participants to take an active role in managing their finances.
Speaker Rachana Ranade challenged the perception of financial decision-making as a male-dominated space. She equipped women participants with the knowledge, confidence, and authority to take ownership of their financial decisions—positioning financial literacy as a core capability for independence and control. It focused on simplifying investments, risk management, and wealth creation, enabling women to move from passive participation to active financial ownership.
Ms. Rachana Ranade is a Chartered Accountant and one of India’s leading financial educators who is an expert in simplifying complex concepts across personal finance, stock markets, and investments. Her teaching approach focuses on practical application, enabling individuals to build financial confidence, strategic thinking, and long-term wealth creation skills.
A key highlight was the use of interactive tools such as a Kahoot-based quiz, enabling real-time participation across investments, insurance, and financial planning. This helped identify knowledge gaps while strengthening digital engagement and learning. A structured financial checklist enabled participants to assess their financial habits across savings, investments, and risk coverage, driving accountability and awareness.
The session further simplified mutual funds, stock markets, and insurance, equipping members with actionable insights for wealth creation. A forward-looking segment introduced AI tools like ChatGPT, demonstrating how technology can simplify financial information and support faster, more informed decision-making.
Key Takeaways
Aligned with FLO Kolkata’s focus on Financial Literacy, Digital Literacy, and AI:
- Enabled women to move from passive money management to active financial ownership.
- Built strong understanding of investments, insurance, and wealth creation strategies.
- Strengthened confidence to independently evaluate and lead financial decisions.
- Encouraged informed decision-making through structured financial awareness tools.
- Simplified complex financial concepts into practical, actionable insights.
- Promoted adoption of digital tools for financial learning and engagement.
- Demonstrated how technology can simplify access to financial information.
- Built awareness around risk management and protection against mis-selling.
- Reinforced the importance of financial independence for long-term security and control.
- Drove a clear shift towards confident, informed, and future-ready financial behaviour.
Impact & Outcome
The session saw participation from approximately 200 members, creating a high-impact platform advancing Financial Literacy, Digital Literacy, and AI. It strengthened Financial Literacy by enabling women to move from awareness to informed financial decision-makingacross investments and insurance. The session also advanced Digital Literacy and AI adoption, demonstrating how technology can simplify financial understanding and improve access to information. Overall, the initiative drove a shift towards active financial ownership, empowering women to take confident control of their financial futures in an increasingly digital environment.