Chennaites Learn How To Be Safe and Smart with Their Money
Moneylife Digital Team 24 November 2015
Moneylife Foundation hosted its second educative and highly interactive flagship seminar "Be Safe and Smart with Your Money" conducted by Sucheta Dalal, managing editor of Moneylife and Debashis Basu, editor of Moneylife. Popular television actor, Mohan V Raman, while introducing the subject, had the audience in splits. 
 
TS Krishnamurthy, former chief election commissioner of India and a trustee of Moneylife Foundation, inaugurated the programme. 
 
Among the eminent guests were: Krishnamurthy Vijayan, a mutual fund professional who is now the managing director & CEO, Tamil Nadu Infrastructure Corporation, Dr Rajeeva Karandikar, eminent mathematician and director of Chennai Mathematical Institute and NK Prasad, CEO of Computer Age Management Services (CAMS).
 
Ms Dalal’s session titled ‘How To Be Safe with Your Money’ focused on not losing money, insuring for a secure future, avoiding credit and investment traps, focusing on a few safe products, avoiding emotional traps and maintaining financial hygiene. Many have lost huge amounts of money in pyramid, Ponzi, multi-level marketing (MLM), chain marketing schemes and chit funds. 
 
In the second session, ‘Be Smart with Your Money’, Mr Basu took the audience through simple steps for investing smartly and explained that, to invest smartly, one needs to know which products to choose, when to invest and how much to invest in what kind of assets. The two and a half hours session concluded with a lively question & answer session.
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