“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 students at the College got a golden opportunity to spend a 3 Hour mock parliament session held by the seniors and explore the AON platform for the experts as well as the newbies. The delegates represented their respective countries in the mock parliament including USA, Brazil, Italy, Germany, India, France, Japan, China, UK, Ukraine, …
The communiqué 22 was yet another way to reach all the students from The Bhawanipur Education Society College was held on May 17 and 18 from 10:30 am onwards. The fest witnessed 11 events with 14 colleges, namely St. Xaviers University, Amity University, Scottish Church College, Jd Birla Institute,The Heritage College etc. and had around …
The Department of Commerce (Morning) at The Bhawanipur Education Society College organized the event “No Earth, No Birth: Living in Harmony with Nature” on May 24th, 2023, at the Jubilee Hall. The event started at 10.30 am and aimed at raising awareness about environmental issues and promoting sustainable living. It consisted of a Poster Making …
Category of the Activity (Extension/Outreach/Environmental): Extension and Outreach Organizing unit: NSS in collaboration with Ashadeep and the Department of Commerce (Afternoon & Evening Sections) Date/duration of the activity: 03.08.2024 Time: 12noon- 5pm No. of Participants: 4 Objective of the event: To provide customized clothes to underprivileged kids and educate them on financial fitness. Brief description …
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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The students at the College got a golden opportunity to spend a 3 Hour mock parliament session held by the seniors and explore the AON platform for the experts as well as the newbies. The delegates represented their respective countries in the mock parliament including USA, Brazil, Italy, Germany, India, France, Japan, China, UK, Ukraine, …
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The communiqué 22 was yet another way to reach all the students from The Bhawanipur Education Society College was held on May 17 and 18 from 10:30 am onwards. The fest witnessed 11 events with 14 colleges, namely St. Xaviers University, Amity University, Scottish Church College, Jd Birla Institute,The Heritage College etc. and had around …
“No Earth, No Birth”: Living in Harmony with Nature
The Department of Commerce (Morning) at The Bhawanipur Education Society College organized the event “No Earth, No Birth: Living in Harmony with Nature” on May 24th, 2023, at the Jubilee Hall. The event started at 10.30 am and aimed at raising awareness about environmental issues and promoting sustainable living. It consisted of a Poster Making …
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Category of the Activity (Extension/Outreach/Environmental): Extension and Outreach Organizing unit: NSS in collaboration with Ashadeep and the Department of Commerce (Afternoon & Evening Sections) Date/duration of the activity: 03.08.2024 Time: 12noon- 5pm No. of Participants: 4 Objective of the event: To provide customized clothes to underprivileged kids and educate them on financial fitness. Brief description …