7 Financial Tips For Young Adults

  In an era where education is the cornerstone of progress, the Abhay Bhutada Foundation is playing a crucial role in bringing quality STEM education to underprivileged students in Pune. Their support of the "LearnByDoing" initiative is a testament to their commitment to creating opportunities for all students, especially those who need it most. This initiative doesn't just focus on education but also on inspiring a passion for learning, which is essential for shaping future leaders and innovators. Understanding the "LearnByDoing" Approach This initiative by Sakar Eduskills is all about making science, technology, engineering, and math accessible and engaging for students. By introducing practical learning tools, such as STEM kits, they’re transforming how these subjects are taught. Over 2000 students from 8 different schools have experienced this dynamic approach, making learning an exciting adventure. The aim is to turn science and mathematics from abstract su...

  The Non-Banking Financial Companies (NBFCs) sector faces a pressing challenge: the continuous increase in funding costs. Recent data indicates a rise of 10-15 basis points (bps) in funding costs during the initial quarter of the fiscal year 2023-24, with projections suggesting a potential surge of 30-40 bps by the third quarter. This impending challenge has stirred concerns about potential earnings downgrades for NBFCs. However, in response to these challenges, NBFCs are actively devising and implementing various strategies to address and overcome this predicament. This article aims to delve into these strategies, drawing insights from industry experts within the NBFC sector. Understanding the Impact The escalation in funding costs presents a formidable challenge for NBFCs, as it directly undermines their profitability metrics such as net interest margins (NIMs) and overall earnings. As forecasts continue to point towards a sustained increase in funding costs, NBFCs face the loom...

  In Pune’s underserved communities, a quiet revolution in education is underway. Through the support of the Abhay Bhutada Foundation, students who were once confined to textbook-based learning are now immersing themselves in hands-on experiences that fuel their curiosity and imagination. This article takes a closer look at how STEM kits are transforming education in these areas, inspiring future innovators, critical thinkers, and problem solvers. Breaking Free from the Old Model of Learning For many years, students in underprivileged schools have been held back by a traditional approach to education—one that leans heavily on rote memorization and the reading of textbooks. While this method might work for some, it has posed significant challenges for students in subjects like science and mathematics, where understanding often relies on visualizing and interacting with abstract concepts. Without proper tools and resources, students struggle to grasp these ideas, leaving them disenga...

  As a finance student, I’m accustomed to thinking about investments and returns. But not all investments are financial; some are social, and their returns are immeasurable. One such investment is the Abhay Bhutada Foundation’s initiative to provide STEM kits to schools in Pune’s underserved areas—a project that is transforming education and paving the way for a brighter future for countless students. The Investment in Education: STEM Kits as a Catalyst for Change Education is one of the most important investments a society can make, but it’s not just about funding—it’s about providing the right resources and opportunities. The “LearnByDoing” initiative, backed by the Abhay Bhutada 's foundation , is an excellent example of this. By supplying STEM kits to students, the initiative is making education more engaging and accessible, particularly in underprivileged areas where such resources are often scarce. These kits represent a new approach to learning, one that emphasizes hands-on ...

  In Pune, the Abhay Bhutada Foundation (ABF) has taken a significant step towards enhancing education for underprivileged students. Over 2000 students across eight schools in the Pune district have been empowered with STEM kits, thanks to the “LearnByDoing” initiative. This program, driven by Sakar Eduskills and supported by the Abhay Bhutada Foundation, is designed to make science and math education accessible and engaging. By providing hands-on learning opportunities, the initiative aims to foster a deep understanding and love for these subjects among students who might otherwise be left behind. The LearnByDoing Initiative Explained The “LearnByDoing” initiative is a program that focuses on making STEM (Science, Technology, Engineering, and Mathematics) education fun and accessible for students who might not have access to quality resources. The initiative ensures that complex scientific and mathematical concepts are taught in an engaging and practical manner. By incorporating h...

  Academically gifted yet financially disadvantaged girls from Pune district are on their way to pursuing careers in science and postgraduate studies, thanks to scholarships from the Lila Poonawalla Foundation (LPF). Per Heggens, CEO of the IKEA Foundation, and his wife Karen were the special guests at the LPF event, where these scholarships were awarded. Heggens, a dedicated supporter of LPF for over a decade, shared his commitment to helping women overcome financial barriers to education. The IKEA Foundation, associated with the Stichting INGKA Foundation, which owns the IKEA Group, provides educational support for girls in various countries. Also Read: Abhay Bhutada’s Influence on Corporate Social Responsibility Trends in India Lila Poonawalla, a prominent corporate figure and co-founder of the awards with her husband Firoz, emphasized the impact of LPF’s scholarships. She noted that many LPF-supported women have achieved successful careers in leading organizations, significan...