Fin-a-thon

Join the challenge to innovate and transform financial literacy for rural India..!

Financial literacy is the ability to understand and use financial knowledge to make informed decisions about money. It includes:

Understanding financial concepts: Knowing about the banking system, financial markets, credit, credit cards, and tax laws
Applying financial knowledge: Using this knowledge to make decisions about spending, earning, and saving money
Managing money: Creating a budget, saving money, investing, and borrowing wisely
Planning for the future: Planning for retirement
Managing risk: Creating an emergency fund
Protecting against risk: Ensuring adequate coverage from insurance for products like health, life and property insurance

Education and Awareness: The hackathon aims to create solutions that raise awareness and improve financial decision-making for individuals and businesses.
Empowerment through Technology: Use technology to empower individuals with tools to handle finances better.
Conduct hackathon at Pandavapura Taluk to reach out to participants from rural areas and involve local volunteers in the conduction of the hackathon

Budgeting and Saving: Tools and apps that help individuals manage personal finances, set budgets, and achieve savings goals.
Investments: Platforms that educate about stock markets, mutual funds, cryptocurrencies, retirement planning and other investments.
Tax Education: Tools that simplify tax filing, deductions, and overall tax knowledge for different demographics.
Debt Management: Innovative ways to handle student loans, mortgages, or personal debt efficiently.
Financial Literacy for SMEs: Tools or education for small business owners on managing finances, securing loans, and growing their businesses.

MLA, Melukote Assembly Constituency

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