“Finance is not merely about making money. It’s about achieving our goals and protecting the fruits of our labour.”
On 18th February 2019 ISBR Business School hosted inauguration of book “My conversation with money” by author Shweta Jain followed by a panel discussion on “Managing money for millenials” consisting of panellists Ms. Shweta
Jain (Founder, Investography Pvt. Ltd), Mr. Uday Dhoot (CFA, CFP, Founder Oye Paisa.com), Ms. Ashoo Keshav (Head South- Family Offices, Distribution/E-Business at DSP mutual funds), Ms. Lynette Nazareth (Program Director at CGP India) and Mr. Kirron Bindu (Senior Faculty Finance – ISBR Business School & Founder Mellen Capital).
The event started with Mr. Manish Kothari (Founder and Managing Director – ISBR Business School) addressing the students and telling them about the lessons he learned about money since childhood and how he is implementing those lessons in the present too. It was followed by the inauguration of the book after which Ms. Shweta Jain addressed the students and the panel telling about her experiences and her book. She emphasized the importance of managing the money, how the present YOLO mentality of millennials has been shaking up the savings pattern, and gave tips like save first and spend later.
Millennials are also known as Gen Y, usually refer to the people born between the years 1990 to 1996 or the individuals who reached adulthood during the 21st century. In the panel discussion followed by the inauguration, the panelists discussed how the millennials are facing a different financial picture than what their parents did when they first started out. The panelists helped each and everyone to understand how to recognize these differences and make necessary changes so that the finances are handled in an effective manner. The panelists suggested students undergo essential financial planning such as effectively dealing with their student loans, keep looking for new and better opportunities during job to stop or reduce the usage of credit cards, etc. This entire event was great learning for the students as it is the most crucial time of their lives where they are going to lay the foundation of their future and learning like these will definitely help them to plan better and more effectively for a better future.