Financial Literacy &
Planning
,Chapters discussed
Unit 1- Basics of Savings
Unit 2- Basics of investment
Unit 3-Banking Activities- Savings
Unit 4-Banking Activities- Borrowings
Unit 5-Fundamentals of Financial market
Unit 6-Insurance
Unit 7-How to deal with Mutual Funds
Unit 8-How to deal with Stock Market
Unit 9-How to deal with Debt Market
Unit 10-How to Hedge Investments
Unit 11-How to manage risk
,Unit 1- Basics of Savings
, Understanding the term Income & Budgeting
Income
Income is the money you earn from different sources, like working a job, running a
business, renting out property, or investing in things.
It's the cash flow you use to cover your expenses, save for the future, or spend
on things you enjoy.
Budgeting
Budgeting is the process of planning how to spend your income.
It involves dividing your money between essentials (like rent and groceries),
savings, and non-essentials (like entertainment), so you can manage your
finances wisely and avoid overspending.
Planning
,Chapters discussed
Unit 1- Basics of Savings
Unit 2- Basics of investment
Unit 3-Banking Activities- Savings
Unit 4-Banking Activities- Borrowings
Unit 5-Fundamentals of Financial market
Unit 6-Insurance
Unit 7-How to deal with Mutual Funds
Unit 8-How to deal with Stock Market
Unit 9-How to deal with Debt Market
Unit 10-How to Hedge Investments
Unit 11-How to manage risk
,Unit 1- Basics of Savings
, Understanding the term Income & Budgeting
Income
Income is the money you earn from different sources, like working a job, running a
business, renting out property, or investing in things.
It's the cash flow you use to cover your expenses, save for the future, or spend
on things you enjoy.
Budgeting
Budgeting is the process of planning how to spend your income.
It involves dividing your money between essentials (like rent and groceries),
savings, and non-essentials (like entertainment), so you can manage your
finances wisely and avoid overspending.
