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319 MGL DISHA PROJECT: Financial Literary For Youth

posted Jun 7, 2018, 4:35 AM by Don Bosco Development Society   [ updated Jun 7, 2018, 4:35 AM ]
6-June-2018, Mumbai: The Don Bosco Development Society (DBDS), Mumbai conducted a session on ‘Savings, investments and Financial Planning’ for the youth in Ramabai Nagar slum in Mumbai. The workshop was attended by 20 youth; held under the aegis of ‘MGL Disha Project’ supported by Mahanagar Gas Limited.

Mr Mahesh Kumar (Senior Project Manager – DBDS) was the resource person for this event. The workshop covered following sessions:

1) Thumb rules on saving and investment, Ponzy Schemes
2) Time value of Money, interest rates, Compounding
3) Investing in Small saving schemes to meet Financial Goals

The session on small saving schemes gave them the knowledge of the various saving schemes run by post offices and how saving in these schemes can create wealth for them. The workshop ended on a positive note as participants were motivated to start investing in small savings to meet their financial goals.