Glimpse Of The Workshop
The facts showing the financial literacy status in India, Why women find it difficult to talk about money matters and the importance of financial literacy for women and society.
The session was followed by a very interactive Q&A.
Because learning starts with questions
How could we promote rural financial literacy?
For rural, First, we need to focus on making them understand about saving money and the importance of having their bank accounts. Gradually, various government savings schemes can be explained.
Women are really into shopping so do you think its ok to let them handle money?
Yes. As she is into shopping, she knows where to spend and where to cut the cost. We believe that Women are excellent budget keepers without an excel sheet. Their inbuilt qualities like saving for a rainy day, budgeting etc can make them better investors.
How do you get people to increase their inherent interest in the field of financial literacy? Given that it is definitely important!
Financial literacy should be a part of the school curriculum. For creating inherent interest ,we can start with explaining different concepts like what is income, expenses, savings, importance and functions of banks etc. For Example, A school child can be taught how a bank works by taking him/her to a bank while a parent visits a bank.