Outlook Money
It is vital for all, whether a corporate or gig worker, a government servant, a farmer, a labourer, or those in the unorganised workforce.
It helps people avoid impulsive financial behaviours and provides a roadmap for saving and investing based on their income.
Proper money management, consistent saving and investing, and a close circle of family and friends are key to a happy retirement.
One must keep oneself financially updated. Knowing the latest financial products, schemes, etc., is crucial to reap the most benefit.
A financially literate person knows the value of compounding growth and long-term financial planning.
Compiled By Himani Verma