Can you recollect the day in your life, when you handled cash for the first time? It can be at age 10, when you got pocket money from your father! Now think about till what age, you will be handling money? Till you live an active life. Yes, except for the first 10 years, all of us handle money for almost the entire life. But are we getting any training on how to handle money? No.

Personal finance is a neglected subject in our country. We learn the money management from our parents. But a lot has been changed here from the past generation. Where we invest? Financial illiteracy is a major concern in India. We prefer bank deposit and postal schemes. These products offer low returns and will not even beat inflation. We invest in real estate which is an illiquid asset. The other option is Gold, where we have a natural attraction.

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