Sqrrl – an intuitive DIY digital platform aimed at getting Indians into the habit of investing and learning about personal finance, launched a Personal Finance talk show Sqrrl Chatter at WeWork, a coworking space in Gurugram. The chat series is aimed at people who want to learn about investments by starting small and get better at money management, said a press statement.
This launch event attracted 30+ startups from Delhi NCR and gave the attendees an opportunity to increase their wealth by understanding what goes into taking the right and personalized investment strategies.
Currently, Sqrrl has a strong foothold in more than 600 cities of the country. With 2,50,000+ application downloads of Sqrrl, the focus of the company is to raise financial awareness in the country and encourage people to invest more, by starting small.
The event also saw the book launch of “Let’s Talk Money”, by Monika Halan, Consulting Editor of Mint Newspaper, who talked about some of the interesting aspects of the book and also gave worthy suggestions regarding investments and money management.
According to Monika Halan, Author of Let’s Talk Money, “Considering the fast-paced era we are living in today, it’s very important for millennials to start saving early in life. Although it’s advisable to not get too ambitious about saving all at once. Instead one should divide his / her salary in three types of accounts – inflows, consumption and saving/investment. This way it will be easier to set yourself to start saving.”
According to Samant Sikka, Co-Founder, Sqrrl, “Money is one of the most enigmatic subjects. Just thinking of it evokes a wide variety of emotions. Most young Indians find handling money to be complex. On top of that, the financial services industry has heavily jargonized everything to drive a knowledge wedge between itself and consumers. The need of the hour is to make the subject simple, easy, relate-able, relevant & automated.”