I Nikhil Sushil, living in Palappuram, a small village of Palakkad District, Kerala, is a student of Laksmi Narayana Arts and Science college Mayannur – Kerla. He has undergone NCFE’s Financial Education programme which helped him to understand the necessity of opening a saving account and need to save money for future Needs.
I personally have never taken into consideration the importance of saving, I always used to spend the most of the earning that I used to get, and never thought about saving. But after attending the workshop of NCFE, it made me understand the saving should be a part of life and it is very much necessary in order to be financially secure and meet emergency situations in life.
The workshop helped me to understand that in the earning period there should be a need of budgeting. Budgeting can help get things done in a short, medium and long term. I learned to differentiate between the Needs and Wants of life. An investment is a great way to save and earn money for a long term.
The workshop made me to understand the Financial education is very much essential for every student and earning person in order to fulfil his/her wishes/ dreams. The habit of savings & investments have helped me to buy many things that I could’t afford previousoly. By the help of NCFE I learned to differentiate between the Needs and Wants of life. It showed me the best life lesson for living a life.
