Why is financial education important? To answer this question you must ask, what financial education is? Financial education is the ability to understand how money works. It is the art of investing and managing money and the ability to make sound financial decisions.
People make the wrong financial decisions losing money saved for years. Loans are availed without understanding interest payments and the consequences of a default. People don’t commit suicide if they are unwell; they commit suicide if they are in financial trouble.
Financial education is equally if not more important than financial inclusion. People learn to save, invest, borrow and spend wisely. A person who is financially educated doesn’t ask why financial inclusion, but goes to it. This solves all problems of financial inclusion.
FINANCIAL PLANNING AND ANALYSIS
Can you consistently and accurately determine whether they are on track to meet your financial goals and thouroughly outline your path to overall financial success?
CapitalSwitch enables you Create a financial plan that helps you see the big picture and set long and short-term life goals, a crucial step in mapping out your financial future. When you have a financial plan, it's easier to make financial decisions and stay on track to meet your goals. Capitalswitch's financial planning solution can secure your financial wellbeing and give you peace of mind and help you reach financial planning success.
Financial planning and analysis is the budgeting, forecasting and analytical processes that support personal and organizational financial health and business strategy. The FP&A discipline combines in-depth analysis of both operational and financial data to help align business processes and strategies with financial goals, and to evaluate progress toward those goals. It relies heavily on statistical analysis to measure and plan business operations and forecast their financial impact, taking into account internal variables but also broader demographic and economic trends, as well as subjective, qualitative evaluation.
Besides monitoring working capital and cash flow, we monitor other popular gauges of financial health, such as the debt-to-equity ratio and other financial ratios. We also analyze the financial impact of certain operations, such as the profitability of individual product lines and the efficiency of departments.
This solution is generally summarized as budgeting, planning and forecasting , a three step process for setting short- and long-term financial goals, sometimes with the use of specialized software.
We understand how debt limits your financial choices and how a wide range of strategies can help you control, reduce, and eliminate it. Learn how to recover from debt or other worst-case scenarios.
A debt management plan (DMP) is an agreement between a debtor and a creditor that addresses the terms of an outstanding debt. This commonly refers to a personal finance process of individuals addressing high consumer debt. Debt management plans help reduce outstanding, unsecured debts over time to help the debtor regain control of finances. The process can secure a lower overall interest rate, longer repayment terms, or an overall reduction in the debt itself.
Invest with us by putting your money to work to start or expand our several projects - or to purchase capital assets or interests. These funds are then put to work, with the goal to generate income and increase value over time.
Become part of our mechanism for generating future income. These in essence include the purchase of intellectual property, commodities, bonds, stocks or real estate property among several others, and more importantly direct investment in growing high yield businesses.
We provide resources, usually in form of money and other forms of value such as effort or time, for a project, a person, a business, or any other private or public institutions. The process of soliciting and gathering fund is known as fundraising.
The major Sources of funding we make available include credit, venture capital, donations, grants, savings.
Another sources of funding is that which facilitates the exchange of equity ownership in a company for capital investment via an online funding portal known as equity crowd funding.