The FinTech Hub
Source: Live Mint As we celebrate International Women’s Day on March 8, it’s the perfect time to focus on the importance of financial literacy for women. This year, let’s move beyond the celebration and focus on steps that empower women to achieve financial independence. Financial literacy and strategic investments are key to securing a stable…
Source: Live Mint When preparing children for life, financial literacy is often neglected, though it plays a crucial role in shaping their future success and well-being. Instilling financial knowledge and responsibilities from an early age fosters independence, confidence and resilience. Parents, as primary influencers, have a profound impact on their children’s financial attitudes. However, it…
Source: Live Mint This move aims to encourage first-time investors, particularly from low-income segments and underserved regions, to participate in mutual fund investments. Despite the mutual fund industry’s robust growth, a significant market remains untapped, offering immense potential for expansion. Untapped potential The country’s mutual fund industry has witnessed exponential growth in recent years. Total…
Source: Live Mint The famous Netflix series Squid Game is an expression of faithfully intimate drama, troubling imagery, and nail-biting plot twists, thus gripping audiences across the globe. In this wait for Season 2, these deeper reflections about money, human nature, and survival strike a chord with most of us, just like those high-stakes games…
Source: Live Mint Getting a loan which suits your budget and your lifestyle requires thorough research as well as a basic understanding of borrowing and lending. This is where financial literacy comes into play. Financial literacy helps you make mindful decisions on your financial borrowings and helps you plan your financial future responsibly. Loans have…
Source: Live Mint This disparity, evident both globally and in India, demands urgent attention. Recent data from the 2023 OECD/INFE International Survey reveals that women globally score less than men in financial well-being and resilience. The S&P Global FinLit Survey states that worldwide, 35% of men and 30% of women are financially literate. In India,…
Source: Live Mint Understanding financial enmeshment Financial enmeshment occurs when family members are overly involved in each other’s financial matters—a situation with nonexistent boundaries. Historically, the joint family system in India fostered financial interdependence, where multiple generations lived together and shared resources. However, as modern families shift towards nuclear structures, these traditional expectations persist, creating…
