The Price of Money - Boishakh 1432
Ketan Sheikh’s Column on Banking and Finance The Price of Money (Published in Shobdo Mukur Boishakh 1432 edition) Financial Literacy and Bank Accounts Boishakh means Hal Khata (traditional account book opening) and Hal Khata means the beginning of a new year’s financial planning. So, under the headline “The Price of Money,” we too will begin with discussions on your financial literacy, financial inclusion and fresh perspectives on money management. Today, I will discuss in the first part why financial literacy and banking inclusion are so crucial in our daily lives and in the second part, I will talk about how opening a bank account can be the first step in this process. Banks and Our Daily Life Many of us immediately think of banks when it comes to any kind of financial transaction. At the same time, many others remain distant from banks. Some of us panic at the mere mention of banking, feel distrust, consider it troublesome or lose patience amid complicated procedures and forma...