Pocket Money - SEBI Investor Awareness Website - Securities and ...

Pocket Money - SEBI Investor Awareness Website - Securities and ... Pocket Money - SEBI Investor Awareness Website - Securities and ...

investor.sebi.gov.in
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11.07.2015 Views

3. Market regulators and institutions also maintain websites thatwill provide you an understanding of the markets and productsthat these regulators regulate. These include:www.sebi.gov.in/ - the official website of the Securitiesand Exchange Board of India, the regulatory body forour stock market.www.rbi.org.in/ - the official website of the Reserve Bankof India, the regulatory body for all the banks in India.www.irda.gov.in/ - the official website of the InsuranceRegulatory and Development Authority, the regulatorybody for insurance.PARTING SHOTYou have now studied a lot of concepts related to money,growth of money, savings and investment.This knowledge will not only help you now but also helpyou plan your future in a better way. Even though moneycannot buy us everything it certainly makes life worth livingby providing all the basic necessities and a secured andcomfortable life. Since money is important, it is also importantto be careful with it.The course has equipped you with the necessary awareness to handle your finances more effectively.The aim of the course has been to instill in you the importanceof saving a part of your income and reaping the benefitsfrom different forms of investment102

SESSION IMONEY MATTERS: SMART GOALS AND FINANCIAL ANALYSISDear Parentsarents,Do we involve children in family budgets?As a family we sit together and talk about a lot of things.E.g. we discuss and plan holidays together- where to go,where to stay, what places to visit, what all to buy beforethe trip, things to shop for at the holiday destination etc. Butall these things would require money, would require an elaboratefinancial plan/budget. But we normally do not involve ourchildren in this budgeting exercise. Either we have this ideaof keeping them 'protected' from financial concerns or we havejust made the age-old assumption that finance is the father's/mother's concern! Sometimes we might also feel that ourchildren are too young to understand budgeting.What is the first step towards making our children financiallyliterate?We believe that financial literacy begins at home. Financialliteracy is not rocket science, but it requires budgeting skillsthat don't come naturally to many people. You can help ushelp your child if you sit with him/her to complete these simpleexercises. Let them participate in the regular budgeting ac-105105

3. Market regulators <strong>and</strong> institutions also maintain websites thatwill provide you an underst<strong>and</strong>ing of the markets <strong>and</strong> productsthat these regulators regulate. These include:www.sebi.gov.in/ - the official website of the <strong>Securities</strong><strong>and</strong> Exchange Board of India, the regulatory body forour stock market.www.rbi.org.in/ - the official website of the Reserve Bankof India, the regulatory body for all the banks in India.www.irda.gov.in/ - the official website of the InsuranceRegulatory <strong>and</strong> Development Authority, the regulatorybody for insurance.PARTING SHOTYou have now studied a lot of concepts related to money,growth of money, savings <strong>and</strong> investment.This knowledge will not only help you now but also helpyou plan your future in a better way. Even though moneycannot buy us everything it certainly makes life worth livingby providing all the basic necessities <strong>and</strong> a secured <strong>and</strong>comfortable life. Since money is important, it is also importantto be careful with it.The course has equipped you with the necessary awareness to h<strong>and</strong>le your finances more effectively.The aim of the course has been to instill in you the importanceof saving a part of your income <strong>and</strong> reaping the benefitsfrom different forms of investment102

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