A Dubai school has recently taken the initiative in teaching children how to be smart with money, how to avoid the debt trap that engulfs so many adults today, how to weed out mock currencies, forged utility bills etc. The Next Generation School in Al Barsha 3, Dubai, has also started School Economy, which teaches financial literacy by giving pupils a monthly salary from which they pay for expenses such as utilities and rent. In addition to this, CTS Canadian Career College and the Modern College of Hairstyling and Esthetics have announced the launch of a new financial literacy training program in North Bay. What does financial literacy imply? Accordingly the RBI, financial inclusion is the process of ensuring access to appropriate financial products and services needed
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Income is nothing but a materialistic or a quantitative representation of your success. The more successful you become, the more you be compensated with and hence the more you will earn. For some people it may be the other way around i.e. as you earn more, you succeed. But without success there is no monetary benefit. How growth and income are related? So we all agree to be rich, to earn more, to make the income grow, one needs to grow & succeed. Let’s find out the relation between growth and success. Success comes to those who grow rapidly both as a person and as an employee as well. Study says this growth is primarily in softer aspect like communication, perseverance etc. Hence these are all in
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The advancement of technology has immensely affected the global investment market in the last forty years. While the progression of technology was slower in the early part, globalization soon followed and technological interventions in the investment market grew at a faster rate. Those born in the eighties and nineties are the ones strangely witnessed this strong change and gradually developed certain habits which combined both their inclinations towards the age-old financial practices and their new-age learning. With time this gave way to certain financial trends which are frightening yet is the realistic picture of how the current generation thinks and does to their money. 1. Lack of Investment in Retirement Schemes More than 40 percent of the youth currently working in the mainstream financial sector are
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Luck has been considered to be one of those elusive yet cherished ideals that could potentially transform the trajectory of our lives. Luck is often perceived to be this blessed external force that only touches the lives of the privileged. Honestly we all have wished that we could be as lucky as someone else at some point of time. This ‘lucky’ group may include people married to trophy husbands or wives, and heirs to big family fortunes or lottery winners. Luck is uncontrollable & unpredictable. All we have to do is make things work for us in career and try to become lucky. A person’s success is always immeasurable and he/she is said to be lucky in career only if they overcome all bottlenecks, meet right
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