“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.
“Nobody is bothered about an institution more than its alumni” – N. R. Narayan Murthy The completion of a journey begins by taking steps in the right direction. As The Bhawanipur Education Society College ticks off successful events one after the other, it reaches one of its highly awaited ceremony of Convocation. The BESC Graduation …
A one day Educational trip to Pingla Patachirtra Village and Birsingha was organized by Department of Bengali, The Bhawanipur Education Society College. The trip was a learning and enriching experience for the students. The tour was being planed and coordinated by all the Teachers of Bengali Department and the college management. Around 20 students and …
Some are downright curse-ive. Some express their thoughts in italics. While there are others yet, who dwell in the capitals. Howsoever one may express his or her thoughts putting pen on paper, their psychology and character can be laid bare, by analyzing their handwriting – the way they cut their “t” and / or by …
Name of the Activity: R in Social Sciences – A Comprehensive Roadmap to Research and Practical Implementation Type of Activity: 5-day National Workshop sponsored by ICSSR – ERC Duration of Activity: 8th to 12th August 2023 Time: 10am to 5pm Resource Persons: 1. Prof. Amalendu Bhunia, Vice Chancellor & Professor of Commerce, University of Kalyani …
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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