Money somehow is the new god & everything today is revolving around money. Technical Rural Growth, political development, http://edition.cnn.com/search/?text=Rural cultural upliftment, social harmony – every single thing of our civilization is highly dependent on money
We are a developing country, which means financial and economic struggles are our natural mates on the road to development. Urban India is still coping well with it but unfortunately, Rural households which account for 70% of the total population of India, are majorly hit by poverty and low incomes.
poor financial literacy, a lack of work prospects, and limited access to essential services like healthcare and education have made life in rural difficult. Much credit for this sad reality can also be given to the paucity of financial planning, the low practice of savings and the lack of smart investment.
There are many ways to utilize money smartly but they are unfortunately unexplored. One very popular yet novel way Is, investing in the stock market.
Rural SavingImage source – Frantisek Krejci from Pixabay
But a common misconception is that it’s challenging to succeed in the stock market. That idea might have its origins in the simple reality that no one has ever made an effort to explain to people what the stock market is and how investing in it operates.
Less than 1% of the rural population is involved in investing in financial products. One way to fix this is by educating individuals about the benefits
