Moneylife Foundation — a not-for-profit initiative for knowledge, advocacy and financial literacy, completed a year of fast and furious growth on 6th February 2011.
It was a year in which our membership soared to 4500 and we conducted 53 workshops/seminars in Mumbai, Navi Mumbai, Nashik and Pune and also did a lot more.
Membership Benefits
Membership is free and registration is possible through the website.
Membership entitles you to:
- Access information and participate in discussions on a wide range of issues that affect savers and investors.
- Invitations to attend free workshops on financial literacy.
- Discounts on Moneylife publications.
- Grievance redressal (on a best-effort basis and only by email)
- The facilities of Moneylife Knowledge Centre at Shivaji Park, Mumbai, which has a reading room with a wide variety of books, magazines and reports on business, finance, investment and business history.
Why did we start Moneylife Foundation?
Essentially it was our realization that just producing Moneylife, an unbiased personal finance magazine, and a daily e-newsletter was not enough.
India will have smart savers only if there is a concerted effort to spread financial literacy. Lack of knowledge and understanding about financial markets and financial products is what erodes big chunks of peoples’ hard-earned money.
So, Moneylife Foundation is probably the only NGO focused on all aspects of saving and investment, whether it is bank and corporate deposits, insurance, pensions, realty, stock markets, or the slew of ponzi schemes, esoteric investments or dubious schemes that are constantly trying to part people from their hard-earned savings.
Mission
Our mission is to give a voice to those of us who work hard, earn, save and still don’t seem to have a say in the decisions that affect us, because we are neither a vote bank nor part of any vested interests!
How do we do it?
We engage in spreading financial literacy through workshops, lectures by experts, awareness campaigns, and advocacy to crystallize policy and effect regulatory changes to protect investor rights, grievance redressal, counseling and research.
Our workshops have already covered a wide range of issues from investments, savings, mutual funds, financial scams, pensions, insurance, wills, transmission & nomination, e-commerce, credit cards, taxation, credit bureaus & credit scores, etc. We have also had special seminars for women, youth and senior citizens.
We had published two Position Papers which were sent to policymakers in the relevant union ministries. The first was on 'Financial Concerns of Senior Citizens' (prepared in consultation with several NGOs working on senior citizens' issues. The second was on ‘Financial Issues Faced by Retail Investors’.
Workshops & Seminars
With the support of ICICI Bank-Disha Financial Counseling we hold FREE regular workshops on 'How to be safe and smart with your money'.
Our tie-up with Disha Financial Counseling Services, allowed people to avail of free advice and guidance on a confidential basis from experienced bankers. These sessions are by prior appointment twice a week.
Our seminars and research have been supported and sponsored by numerous leading banks, financial service companies and mutual funds such as Bank of Baroda, Union Bank of India, CAMS, the Karvy Group, India Bulls, ICICI Pru AMC, IDBI Mutual Fund, Citibank and Axis Mutual Fund. The Welingkar Institute of Management Development & Research has also been a partner.
People behind Moneylife Foundation
Sucheta Dalal ? one of the best-known financial journalists of India and an author, she was also a former Business Editor of The Times of India. She was awarded the Padma Shri in 2006 for her outstanding investigative journalism spanning two decades.
Debashis Basu ? Chartered Accountant by qualification, journalist by profession for 25 years and author of several business books. He has worked with The Times of India, Business World, Business India, Business Today and The Financial Express and has been a columnist for Business Standard and The Economic Times.
Dr Nita Mukherjee — Editorial Consultant for Moneylife, has over four decades of research experience and worked with ICICI until 1996. She heads the NGO, Mukherjee KnowledgeWare Association, which has undertaken several research projects and provided training especially for NGOs in research and documentation.
For registration forms, email: mail@mlfoundation.in,
or
email us giving the following information: name, email ID, address, age, telephone number.
To register online log on to http://www.moneylife.in/register.html
Address: Moneylife Foundation, 305 Hind Services Industries Premises, Off Veer Savarkar Marg, Shivaji Park, Mumbai 400 028. Tel: 022-2444 1058/60.
Website: www.moneylife.in
Moneylife Foundation is a registered trust (trust registration no: E-26571, PAN no: AACTM4377J
Donations to Moneylife Foundation are eligible for tax exemptions under Sec 80(G) of the Income Tax Act.
80G registration no: DIT(E)/MC/80G/685/2010-11 dated 7.2.11 effective 8.9.2010.
Please do donate and help us expand our reach nationwide!
Thanking you and looking forward to your participation in Moneylife Foundation.
