Module 2:
Growing Money
Just earning money isn't enough, you need to know how to grow what you've earned and make your money work for you. In this course, we explore inflation's impact, how powerful compounding can be for your money, the crucial role of investing early and a lot more!
Chapter 1: What is Inflation?
Dive into the concept of inflation and its impact on your money. Discover why inflation occurs as demand, production costs, and money supply increase. Gain a clear understanding of how inflation is measured and tracked and explore strategies to beat it while protecting your wealth.
Chapter 2: Power of Compounding
Unlock the power of compounding for exponential wealth growth. Learn 5 key points for successful compounding and explore their benefits. Discover why compounding is an attractive strategy for investors.
Chapter 3: Time & Money
Discover the crucial relationship between time, money, and investing. Unlock the potential of compound interest and watch your investments grow exponentially. Learn how starting early can help you achieve financial goals sooner and increase your risk-taking ability.
Chapter 4: Investing for Long Term & Short Term
Discover the importance of setting saving goals and how they contribute to your financial foundation. Learn effective strategies for short-term goals, including budgeting, emergency funds, fixed deposits, and mutual funds. Also, explore long-term saving options like PPF, NPS, and more.
Chapter 5: Understanding Risks & Returns
Learn about the risks associated with different investments and how to reduce them through diversification. Understand the significance of comprehensive risk assessment and discover strategies to mitigate risks and maximise returns.