We are organizing a Financial Literacy program to the VLEs of Tamil Nadu and Puducherry State /UT with the objective of need for financial planning in life and business on 2nd June 2021 through Online Mode. The session will cover the following:
o How CSCs can grow from Micro to Macro with Financial Planning and budgeting.
o Understanding the key financial concepts like Income, Expense, Profit, Loss, BEP, assets, liabilities, inflation etc.,
o Need for Financial diary and Managing Cash Book for CSC (Dr and Cr concept)
o Analyzing CSC expenses (Needs and Wants) Classifying expenses for business and ledger account to control expense.
o Discussing different types of expenses for CSCs (Fixed, Variable, recurring, Occasional Expenses etc.,)
o Strategy for increasing CSC income and reducing expenses. Different method to increase sales.
o Borrowing for the expansion of business.
o Managing Risks in life and business. Strategy to overcome the unexpected incidences.
o Investment for future for self sustainability
o Draft Financial Planning for the 5 years and 10 years.
Training is on 2nd June 2021 from 11.00AM to 12.30 PM.
Below is the youtube link for the participants to attend the programme.
The main content is available in SamVaad App(Digital Literacy and Financial Literacy Content) in 14 different regional languages. You may download the SamVaad App before starting the training itself.
SamVaad app can be downloaded easily from Google play store by using the link given below.
https://play.google.com/store/apps/details?id=dlp.bluelupin.dlp&hl=en_IN
