Financial Education FAQs

What is financial independence?

Financial independence means having enough savings and income to support your lifestyle without relying on employment.

What are goal setting tips?

Set SMART goals: Specific, Measurable, Achievable, Relevant, and Time-bound to effectively manage your financial objectives.

How to pay off debt?

Focus on high-interest debts first, create a budget, and consider consolidation options to manage payments effectively.

What is life insurance?

Life insurance provides financial security for your dependents in case of your untimely death, ensuring their needs are met.

How to earn additional income?

Explore side jobs, freelance work, or passive income opportunities like investments to supplement your primary income.