“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.
Stage fright, trembling before the long speech, backing off because of nervousness is a very common factor. Not only does it destroy our dreams, but also restrains people from speaking out their ideas. The vox populi collective hosted a workshop conducted by Mr. Pranab Mukherjee, former journalist, professional public speaking figure, quiz master and well-known …
As it is known to all, students at The Bhawanipur Education Society College are given utmost exposure at various events, and they enjoy a spotlight atmosphere. This time the BEites celebrated its Intra-College Business Fest- NEXUS’15 on 1st September, at the college campus on a large scale. The main event was followed by a series of …
The monotonous career stigma of pursuing common professional courses like CA and MBA has set a black veil over equally lucrative career paths. To make aware to the future entrepreneurs the less chosen pursuits, The Bhawanipur Education Society College organized an Alternative Career Counseling Seminar. The event commenced with an inspiring speech by the Dean …
The Bhawanipur Education Society College organised one of their best fests ‘ILMAISU 2022’ on the 29th and 30th of May, 2022. It was a two-day intercollegiate fest that had participants from more than 12 colleges. ILMAISU consisted of various events which went on for two consecutive days, throughout, in the college campus. The two-day fest …
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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Stage fright, trembling before the long speech, backing off because of nervousness is a very common factor. Not only does it destroy our dreams, but also restrains people from speaking out their ideas. The vox populi collective hosted a workshop conducted by Mr. Pranab Mukherjee, former journalist, professional public speaking figure, quiz master and well-known …
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