How Financial Lessons Shape Your Life

During a recent discussion, which was held as part of the investor education and awareness initiative of Aditya Birla Sunlife Mutual Fund in association with Outlook Money, experts spoke about how various learnings can help build a successful financial life. The experts who participated in the discussion were K.S. Rao, the head of Investor Education and Distribution Development at Aditya Birla Sun Life AMC; and Amit Trivedi, an author, speaker, blogger and trainer. The Biggest Teachers An individual can have multiple teachers in life—from money itself to events such as the Covid pandemic to their parents, teachers and even their own mistakes. “The greatest teacher in anyone’s personal life is their own mistakes,” says Rao. People may make mistakes while investing, but if they are careful enough, they won’t repeat it the next time. Trivedi elaborated how...