Wealthy Nivesh, a leading wealth management firm, is embarking on a digital venture with the introduction of My Money Panda, an initiative aimed at enhancing awareness of money matters.
Wealthy Nivesh, a leading wealth management firm, is embarking on a digital venture with the introduction of My Money Panda, an initiative aimed at enhancing awareness of money matters.
Renowned for its data-backed and research-oriented investment approach, Wealthy Nivesh has traditionally focused on serving Ultra High Net Worth Individuals (UHNIs), encompassing CXOs, promoters, and corporate treasuries, among other distinguished clients.
Looking ahead, Wealthy Nivesh is poised to extend its expertise and knowledge beyond its exclusive clientele. The platform is eager to share the insights and strategies that have enabled it to cater to such prominent individuals with the broader population.
My Money Panda, spearheaded by Shrishti Singhal, seeks to address fundamental questions at the core of the investment process.
Shrishti Singhal, who spearheads the operations and methodology of My Money Panda, states, " We believe that any investment process starts with three basic questions - How much should one invest, How much can one invest and Where should one invest. In the midst of all the noise that comes with investments, these basic questions get lost. MMP envisages to address these basic questions first.”
In the contemporary world, the importance of money management has increased substantially, but even educated youngsters find managing their money a daunting task. Financial self-awareness is crucial for informed decision-making regarding personal finances, empowering individuals to reach their financial goals, be it saving for retirement, buying a home, or starting a business.
Acknowledging this need, Wealthy Nivesh introduces My Money Panda to help their audience self discover their financial situation, empowering them to take control of their financial management.
My Money Panda envisages surmounting the following issues for their audience :
Complexity and Intimidation: Financial topics are often laden with intricate jargon, technicalities, and a dynamic financial landscape, making it a challenging endeavour for many to navigate.
Cost and Accessibility: Historical limitations in the accessibility and affordability of experienced financial experts have left the general public underserved, particularly those without multi-million-dollar portfolios.
In response, Wealthy Nivesh has launched the Money Management Program (MMP), a solution aimed at extending financial awareness to a wider audience, particularly the new age, young digital consumers.
My Money Panda emerges as the solution to these challenges by employing below tools:
Weekly Fund Manager Series: My Money Panda is set to transform financial awareness through its weekly money management series on YouTube. This platform brings together mutual fund managers, financial experts, and real clients to create an engaging and informative learning experience. Clients can ask questions to the Fund Manager through YouTube.
“How I Teach Money to My 9-year-old Kid”: A weekly series where Ankit, Chief Simplification Officer, MMP, discusses the basics of money management and investments with his 9-year-old kid. Ankit will try to make money management tools so simple that even a 9-year-old can grasp them.
Interactive Learning Approach: The core of My Money Panda's approach is interactive learning. Mutual fund managers share insights on investments, money management, markets, and portfolio management, breaking down complex topics into easily understandable information.
Clients in discussion with Fund Managers: The inclusion of clients in discussions provides valuable insights into tackling financial challenges and achieving goals from the client's perspective. Viewers can interact during live sessions, posing questions that are addressed by experts and participants in real-time.
Community Building for Financial Literacy: My Money Panda aims to create a community of financially literate individuals capable of making informed decisions about their money.
Shrishti Singhal emphasises the vision, stating, "Financial self-awareness shouldn't be a privilege – it should be a right for everyone."
My Money Panda stands as a dynamic solution to enhance financial self-awareness, making financial education accessible, engaging, and empowering for individuals from all walks of life. The channel is not just about theoretical knowledge; it's about empowering individuals to take control of their money matters.