“In order to become rich you don’t have to work hard, you have to make your money work hard, Allow it to work 24*7”, this phrase coined the Workshop on Nuggets of Financial Wisdom by Prof. Parimal Merchant.
A day long workshop with more than 100 enthusiastic participants from all ages contributing to the success of the workshop. Prof Merchant spoke on ”MONEY”, the heart of money being ONE once we value it, the extreme alphabets come together and it becomes MY . He explained the same with real life example on how our liabilities increase our expenses (buying an expensive phone on EMI) rather than creating asset and income (buying a normal phone and investing the balance on something which increases our income like buying a rickshaw and putting it on rent).
Respect Money its Lakshmi, welcome it, don’t burn it, treat it like a family member, discuss about it, keep track of it put it at work not idle in the bank account, cultivate the essence of entrepreneurship. To explain he conducted an auction with Rs.100/- and earned Rs.400/- on it. Also, how a person with Rs.1500/- as his salary can earn Rs.10 million (approx.) after 40 years by investing just 20% of his monthly income rather than keeping it uselessly in his saving account, emphasizing on the Power of Cumulation.
Prof. Merchant accentuated the importance of financial independence and building wealth through Warren Buffet’s ideology and the book Rich Dad Poor Dad written by Robert Kiyosaki. He explained the various Rules for handling Money and making it your most powerful asset. Fear, laziness, cynicism and arrogance are to be blamed for most of human inaction. Thus, in today’s time promoting Financial Literacy is a crucial social work, do it as well as you can.
LEARN TO SAVE. LEARN TO INVEST. LEARN TO MANAGE MONEY WISELY.
The Second Session of Digital Marketing took place from 16th September to 20th September. Mr. Pramod Maloo, on the first day with his new batch, taught the importance of AUTHORITY and RELEVANCY along with relevant examples to make sure that the students were clear with their concepts.
July 2nd, 2019. Jubilee Hall. A thronging crowd of two hundred students of the Bhawanipur Education Society College (BESC) were treated to the story of a boy-next door, with no knowledge about hip-hop making it to the top of the heap, becoming in the process one of India’s most sought after musicians. A rage, after …
On the 13th and 14th of June, TEDxHyderabad organised a TEDx India Regional Workshop in Hyderabad. 10 Active TEDx licensees from all over the country were invited including TEDxBESC. The workshop was organised in collaboration with Infosys, who were generous enough to provide to all the attendees, accommodation, within their amazing campus and freedom to …
The prominence of Data Analysis in this epoch has fostered the magnanimous usage of analysis tools, for instance, Python, Talend, Hadoop and R to quote a few. Keeping up with the necessity of introducing its faculty members to the state-of-the-art technology, the Department of BBA of The Bhawanipur Education Society College organized a three-day Intra …
Nuggets of Financial Wisdom
“In order to become rich you don’t have to work hard, you have to make your money work hard, Allow it to work 24*7”, this phrase coined the Workshop on Nuggets of Financial Wisdom by Prof. Parimal Merchant.
A day long workshop with more than 100 enthusiastic participants from all ages contributing to the success of the workshop. Prof Merchant spoke on ”MONEY”, the heart of money being ONE once we value it, the extreme alphabets come together and it becomes MY . He explained the same with real life example on how our liabilities increase our expenses (buying an expensive phone on EMI) rather than creating asset and income (buying a normal phone and investing the balance on something which increases our income like buying a rickshaw and putting it on rent).
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Respect Money its Lakshmi, welcome it, don’t burn it, treat it like a family member, discuss about it, keep track of it put it at work not idle in the bank account, cultivate the essence of entrepreneurship. To explain he conducted an auction with Rs.100/- and earned Rs.400/- on it. Also, how a person with Rs.1500/- as his salary can earn Rs.10 million (approx.) after 40 years by investing just 20% of his monthly income rather than keeping it uselessly in his saving account, emphasizing on the Power of Cumulation.
Prof. Merchant accentuated the importance of financial independence and building wealth through Warren Buffet’s ideology and the book Rich Dad Poor Dad written by Robert Kiyosaki. He explained the various Rules for handling Money and making it your most powerful asset. Fear, laziness, cynicism and arrogance are to be blamed for most of human inaction. Thus, in today’s time promoting Financial Literacy is a crucial social work, do it as well as you can.
LEARN TO SAVE. LEARN TO INVEST. LEARN TO MANAGE MONEY WISELY.
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