Varun Hiremath Brings Financial Literacy to India: Mastering Money for Everyone

Varun Hiremath, CEO of Fair Deal Wealth Advisors, Brings Financial Literacy to the Community:

Mumbai (Maharashtra) [India], August 22: The FairDeal Wealth Advisors was established by Varun Hiremath in 2023, in Mumbai.

Varun Hiremath the CEO of The Fairdeal Wealth Advisors recently hosted a seminar which was titled “Mastering Your Money: Financial Literacy for Everyone.”The seminar was held to simplify the complex concepts of finance, for a wide and diverse range of audience. The event was remarkably successful with a remarkable turnout, a wide range of participants attended the seminar to enhance financial knowledge.

The seminar was held to clarify the important and essential financial topics, and to make them easy and accessible for all. Varun Hiremath is widely known in the finance industry for his natural ability to simplify complex matters and ideas in a straightforward way, beginning by covering the basic and fundamental ideas of personal finance focusing on budgeting.

In his unique way and manner Varun advised his audience -“If you want financial freedom, you must know where your money goes,” Varun Hiremath advised. He also offered very important and practical tips which are very effective on creating and maintaining a budget. He explained the Importance of money and very clearly and simply unfolded the importance of distinguishing between the needs and wants of the individuals in a simple and effective manner, for achieving a much better financial management strategy.

After that Varun Hiremath shifted the discussion to the most important and essential dimension, he then described the importance of savings and investing. He recommended the mutual funds as a beginner friendly option.He encouraged his audience to start from investing small. The finance expert said that- “The key is starting early and staying consistent,” he motivated his audience and gave advice on making their financial future secure.

The seminar also covered some very common snags that the individuals face with money, particularly debt.The difference between good debt (home loans) and bad debts (like high interest credit card balances) were described by Varun very effectively. Varun also offered valuable strategies for managing money to his audience and also gave important advice on reducing the debt responsibilities.

The interactive format was the most standout feature of the seminar. Varun Hiremath encouraged the participants to ask him questions,he also told his audience to share their personal experiences, he listened to them very carefully and he got engaged in effective and meaningful discussions, it created a much more dynamic and personalized environment for learning. He also said that financial literacy for the children is very important, and he strongly advised the parents to start conversations about money with their children, it will make the children aware about the importance of money.

The lack of financial literacy In India is a very crucial issue, it is very hard to believe what the National Centre for Financial Education says. It is disappointing.,NECF reported that only 27% of the adult Indians are financially literate!That means 73% of our total population is financially illiterate! This statistics clearly shows the importance of such financial seminars.Another important and crucial thing must be notified Financial Literacy and Education Commision says that financial knowledge playba very important and crucial role in improving the ability of money management, more importantly debt management,so financial education is necessary for all, and must be made mandatory.

The session came to a conclusion with effective questions and answers where Varun Hiremath covered a wide range of topics included.He also told on retirement planning and how to deal with inflation.Hiramath concluded by saying- “Financial literacy is not just about making money; it’s about securing your future and that of your loved ones,” Hiremath said in his closing remarks.

Testimonials from Participants:

• Anjali Mehra, 32, Homemaker: "Varun’s seminar was a game-changer for me. I’ve always struggled with budgeting, but his tips made it seem so simple. I feel more confident about managing my household finances now."

• Ravi Shah, 45, IT Professional: "The session on savings and investing was particularly insightful. I had never considered mutual funds before, but now I feel ready to take that step. The seminar was both informative and inspiring"

• Priya Menon, 28, Teacher: "I appreciated the interactive nature of the seminar. It wasn’t just about listening to advice; Varun made it easy to ask questions and relate the concepts to my own life. I’m excited to start teaching my students about money management too."

So it is clear that these kinds of seminars are required to be held very frequently across the country, to make people educated about finance, and financial experts like Varun Hiremath are very strongly dedicated to empowering the individuals on their financial journey to financial security.For more detailed tips and updates on such upcoming seminars, weist visit Fair Deal Wealth Advisors.

For more information about Varun Hiremath and Fair Deal Wealth Advisors, visit www.varunhiremath.in.