Book review: 108 Mantras for financial success


A book by FLAME ( initiative of IIFL - India Infoline)

''108 Mantras for financial success ''

It is a light book on personal finance. What you should do and what you should avoid etc. type of things.

Some of the tidbits include..!,

   
* For investing, start early. Even a year benefit counts big, after 25 years.

* Do not put all your funds in locked in funds. You need money for emergencies. 

* Diversify your assets. But ,do not overdo it. Wide diversification is only required when investor do not understand what they are doing

About FLAME..!

FLAME (Financial Literacy Agenda for Mass Empowerment) is an IIFL initiative to promote financial literacy amongst the masses in order to make them an integral part of our country India's spectacular growth story.

In an era of accelerating GDP (Gross Domestic Production) and rising per capita growth, financial literacy has become more critical than ever before such that we all reap the tangible benefits of the India's economic prosperity.

Financial inclusion has been quite high on the governmental agenda, given its emphasis on widening the Banking and Financial services network across the India.

IIFL's FLAME initiative stands committed to complement this effort by helping common people gain financial growth & security though better awareness and education on the variety of financial products while avoiding the lure of and loss from unrealistic claims made by unscrupulous agents & ponzi schemes.

Our objective is to light a FLAME, as the name suggests, which will set ablaze a chain of FLAMEs across the country. The new-found light of knowledge will undoubtedly dispel the dark clouds of financial illiteracy and ensure the bright sunshine of financial growth and prosperity.
This portal is but one of the various IIFL initiatives that would be part of FLAME.

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