Chandra Maharana

Many of you must have heard about the term "financial literacy". Well financial literacy basically means having a basic understanding of finances and that you have a grasp on the value of money. Being financially literate allows you and others to make smarter money choices and decisions in life. WHAT DOES IT MEANS TO BE FINANCIALLY LITERATE?  1. Budgeting to manage your money  2. Setting financial goals  3. Knowledge about loans, debts, mortgages, etc  4. How stock market works and basics of                   investing.    Now, financial knowledge is not something anyone will teach you. The problem is majority of schools are not teaching personal finances to students and there is a lack of financial education. Harsh truth? But no one is truly going to teach you by holding your hand. Even if someone gives insight it's on you what you do with that information. According to NEP (New Education Policy), this subj...

 Network Marketing also known as MLM(Multi-level marketing) is basically a distribution based  marketing network that includes direct sales and a downline of distributors. Network marketing especially when done organically capitalizes on the fact to create a network of people who will sell the products or services, cutting down the middle men. Avon, Avlon, Herbalife Nutrition, Mary Kay, etc are some examples of this theory. Technically it should work by the above statement but in the recent years the situation of MLM is getting worse day by day. According to MLM statistics, 997 ppeople out of 1000 surveyed said they lost money. I will definitely talk about it in further stage. There are two sides of every thing. First I am gonna talk about the benefits of joining in an MLM. MINIMIZES THE RISK:  Whenever we talk about investing or planning to do a business there are several factors involved in it like payroll, overheads,utilities, etc. But if you observe, network marketing...