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Showing posts with the label Financial literacy

JIO COIN LAUNCH? SHOULD YOU ACCUMULATE?- SEE DETAILS

The JIO Coin has arrived? Firstly, let's understand what JIO coin is? JIO coin is a reward coin for users of JIO Sphere. JIO Sphere is a type of internet browser. This coin cannot be transferred or redeemed by anyone at the moment. JIO Coin is a collaboration with JIO's with Polygon Lab. Regulatory View- Currently in India there are strict rules regarding cryptocurrencies, such as a 30% tax on any cryptocurrency gains. So it wouldn't be correct to say that this is a cryptocoin at this time. Therefore, stay away from rumours.

Emergency Fund: Saviour for rainy days

 Emergency Fund: Saviour for rainy days “We naturally fear the unknown, and the future is always unknown” – Peter Bernstein The financial crisis, job losses, war, prolonged recession, natural disaster, global pandemic are a few of such excruciating situations where one is stuck in dire need of money. Ensuring the sufficient and swift accessible fund is enabling comfortable sailing rides without additional financial burden. The ultimate purpose of an emergency fund is not to get a higher return but to safeguard the long-term investment and financial miseries. It is important aspects of personal financial planning but dejectedly underrated. An emergency fund ensures the entire obligatory requirement for monthly expenditure and unplanned expenses without which, it caused financial distress, anxiety, and a huge debt trap to personal loans/credit or debit cards. Although, there is no standard list of the items one can customize based on personal lifestyle and routine expenditure. S...

Financial Literacy - Compelling necessity in India

 Subscribe our YouTube channel Dustfinance for more videos. Financial Literacy:  Compelling necessity in India “If you want to thrive in today’s economy, you must challenge the status quo and get the financial education necessary to succeed.” – Robert Kiyosaki Modern education is widely seen as multidisciplinary and learner-centered in approach besides it greatly enhancing writing, speaking, visualizing, and critical thinking skills and make the learning more engaging.  Technological penetration such as mobile applications, social media platforms, e-learning, podcast, etc makes the swift transmission of information to millions of people a more accessible way.  More than 70 years after the independence, the Indian economy has shifted tectonic way from agriculture to food processing, services to defense the progress is astronomical. Ironically, Indian education yet transformed at snail peace competing far behind global education institutions even financial education...