Friday, January 10, 2014

Financial Enlightenment for Einstein Staff

Friday was a very fruitful day for Einstein staff as a session was conducted on financial management by Mr. Rakesh Gupta, Vice-President, Strategic Planning for People Combine. It was a very enlightening session on how to increase one’s income, reduce expenditure and so on. Teachers wanted to know many things from how to make safe investments to mutual funds, equities, bonds, shares etc.

If we plan, we can save twice by chalking out our short-term, mid-term and long-term plans. To start with, we should know the following things: our income, assets, liabilities, debts, and expenditure. It was a detailed presentation on safe investments, tax deduction schemes, old age plans, retirement policies and so on.

It sure left us all thinking seriously about money matters.

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