Finanology

Why Is Financial Knowledge Important? "The rich get richer and the poor get poorer." Do you know the reason behind this statement? -Perhaps we should share something with you. Rich people acquire assets that keep on growing and growing while the middle class buys liabilities because of which they get to remain in the trap of burdens and expenses. You see, all this happens just because of a lack of knowledge. People are not aware that they do not have appropriate knowledge and have myths regarding finance and investment, which limits them. Money management is more important than having money. Why don't we learn about money in schools? The school system will not teach you about money. The school system is designed to teach you to be an employee, a doctor, or a lawyer, but never about money. Money handling, or money managing, is another essential part of our lives to build our wealth. There are so many ways to earn money, but it does not make sense if you have no idea of money management and how to grow your wealth. If it could, then that knowledge lays a foundation for students to build strong money habits early on and avoid many of the mistakes that lead to lifelong money struggles. Our Solution, at FINANOLOGY👇🏻👇🏻 Finanology, as the name suggests (FINAN: finance & OLOGY: technology), is the combination of finance with technology. Finanology would be a platform where we would provide students with information and knowledge about finance and financial management. So, as we are fully aware of how technology is helping students by making learning more engaging and collaborative, why not utilize our technology in this grand initiative? We'll teach students about finance and financial management through animated presentations and graphics. Being a student, I found animated presentations magical. Using animations in teaching can increase student interest and motivation while illustrating concepts and procedures in a more easily understood way. Students have many learning styles, so animations provide another modality to actively engage the learner. We'll provide all the materials, including videos in both the languages (Hindi and English), so that everyone can come and explore the world of money and finance. Furthermore, those who are unable to attend school can join us and learn about money, because financial literacy is essential for all...Learning doesn't require your age or your background; what it requires is having determination and a thirst for knowledge. If you'll talk to any billionaire, they will always recommend you to read books, as books are the major source of information and knowledge. There are hundreds of books available which will guide and inspire you in the field of money and its management. But we don't have time to read them... but what about if you're going to have a summary of that one? FINANOLOGY will provide students with a platform where they'll have a summary of some of the inspiring books with animated videos. This will save their time as well as with animation, students will set the moral in their minds and have a lasting impact. In FINANOLOGY, students are also going to learn about the current market scenario. There we would provide the news regarding the current market and also do a quick and simple analysis so that the students can connect their knowledge with real-life experiences, which will enrich their interests. Through this platform, FINANOLOGY would also conduct seminars with those who were already experienced in the particular field, so that they could share their experience and advice to the students. Furthermore Students can also use this platform to ask the questions. We hope you enjoy the idea. Audio Visual Presentation: https://drive.google.com/drive/folders/1tbTpWABkck6lDWnm4ZQ8MjN7wa6Tc7q4?usp=sharing Regards, Team Enactus Mata Sundri College for Women

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