Cafemutual Education aims to create a financially literate India by reaching out to the last mile through knowledge sessions and education programs.
Why should you know about personal finance?
- Financial education is not part of the formal education system in India.
- Complex mathematical or scientific formula may not be applicable in day-to-day life but knowing about basics of finances can help you in your daily life.
- You can make better decision related to money and investment.
Why should you invest your money?
- Inflation can eat up your money. For instance, if inflation grows by 4%, you need to spend Rs.104 this year as against Rs.100 last year to buy the same quantity of goods or level of services. So, your money should grow better than inflation.
- Get better post tax returns. A bank FD offering 6.5% per annum returns is actually giving you 4.55% per annum if you fall under the highest tax slab. Hence, you need to invest in a product which can give you better net returns after taxation.
How would it help you?
- Achieve financial goals, be it short term like buying a car, holiday or long term like retirement, children education.
- Can help you generate regular income post retirement, create emergency corpus or build wealth.
- If you wish to attend such financial literacy programs, pls get in touch with us on ..