Cambridge Human Resource Group states that a lack of financial education is the most critical unaddressed workplace issue. Financial stress is likely to have an impact on all aspects of one’s personal and professional life - reduced productivity levels, low morale, poor focus, strained relationships, unhealthy coping behaviours, and more. While everyone works so hard to earn money, very few know how to make money work for them. Irrespective of one’s career stage or earning potential, it is crucial for every working individual to understand and make informed decisions on how to build a secure future of financial independence. Therefore, being financially literate, having a well-defined financial plan, doing the necessary due diligence before investing just ensures that you have better control over your money, and you and your family are financially secure before retirement.
• Understand concepts and importance of financial planning
• Explore different avenues of investments
• Learn about mutual funds and other financial instruments
• Dos and don’ts of dealing in capital markets