MONEY WORKS: THE GUIDE TO FINANCIAL LITERACY

If you are clueless at the end of every month about where your hard-earned money has gone and if you are ready to achieve financial success—this book is for you!

Instead of focusing on ‘How big should your income be?’, Money Works gives excellent tips on how to save intelligently, how you can achieve your life goals with careful financial planning, how to manage your debts and insurance, how to make your hard-earned money grow through investments and finally, how to live a happy and contented life!

Abhijeet Kolapkar, who has been in the field of finance for many years, has tried to simplify and present financial terms in a simple and interesting way. Through this book, readers will understand the basics of personal finance as well as the central role of money in their life.

  • 1. Evaluate Your Money Mindset
  • 2. Overconfidence and One's Financial Life
  • 3. The Meaning of Financial Literacy - Financial Literacy and Education at School
  • 4. The Meaning of Money
  • 5. Are You Part of a Rat Race?
  • 6. Is It True That Money Is God?
  • 7. The Various Ways of Earning Money

  • 1. What Experience Reveals
  • 2. Checklist for Successful Financial Planning
  • 3. Where Is Your Hard-Earned Money Being Spent?
  • 4. Small Savings, Large Benefits
  • 5. Emergency Fund: Your True Friend
  • 6. What Is Net Worth?
  • 7. Calculation of One's Net Worth
  • 8. What Is a Personal Budget?
  • 9. Record-Keeping
  • 10. Adviser Zaroori Hai!
  • 11. Will and Nomination

  • 1. What Is Insurance?
  • 2. Insurance and Tax Saving
  • 3. Avoid These Mistakes When Buying a Life Insurance Policy
  • 4. General Insurance
  • 5. Difference between Insurance and Investment
  • 6. What Insurance Should You Get? The Traditional Insurance Policy vs Term Plan
  • 7. Health Insurance

  • 1. How Does the Loan Business Work?
  • 2. What Are EMIS (Equated Monthly Instalments)?
  • 3. Good Debt vs Bad Debt
  • 4. Signs of Bankruptcy
  • 5. Are You Already Bankrupt?
  • 6. How to Become Debt-Free
  • 7. Home Loan: Is Early Repayment Better or Dragged on as a Long-Term Investment?

  • 1. Introduction
  • 2. How Does Inflation Eat Up Your Investment?
  • 3. Compound Interest: The Eighth Wonder of the World
  • 4. Fundamental Rules of Investment
  • 5. How to Invest at Different Stages of Your Life
  • 6. When, Where and How to Invest
  • 7. Types of Investments and Income Thereof
  • 8. Real Estate: Real Property
  • 9. Should You Buy or Rent a Home?
  • 10. Why Should You Start Investing Early?
  • 11. Don't Invest Just to Save Tax!

  • 1. Is Investing in Stocks the Most Beneficial Investment Option?
  • 2. The Exciting Journey from 100 to 66,000 Points
  • 3. History of the Stock Market
  • 4. What Are Shares? The Basics
  • 5. Misconceptions about the Share Market
  • 6. Golden Rules for Success in the Share Market
  • 7. The Difference between Share Trading and Investment in Shares
  • 8. Is Intra-Day Trading the Same as Gambling?
  • 9. What Lies Ahead for the Stock Market in India?
  • 10. What Are Mutual Funds?
  • 11. History of Mutual Funds
  • 12. Benefits of Investing in Mutual Funds
  • 13. Drawbacks of Mutual Funds
  • 14. Types of Mutual Funds
  • 15. Precautions to Be Taken While Investing in NFOS
  • 16. Checks to Be Made While Investing in Mutual Funds
  • 17. Systematic Investment Plan (SIP)
  • 18. Can Cryptocurrencies Compete with Shares?

  • 1. Ponzi Scheme
  • 2. Highlights of Ponzi Schemes
  • 3. Pyramid Scheme
  • 4. Frauds Promising Returns from the Share Market
  • 5. Fraud Calls
  • 6. Frauds on Social Media