PCM S.D. College for Women Organizes Online Guest Lecture on “Financial Literacy”

Jalandhar, September 13, 2025: The P.G. Department of Economics of PCM S.D. College for Women, Jalandhar, organized an online guest lecture on the topi33³c “Financial Literacy”. The primary objective of the session was to enhance students’ understanding of financial knowledge and to highlight its importance in everyday life, especially for young learners preparing for future responsibilities.

The program commenced with a warm welcome by Dr. Sandeep Kaur, who addressed the gathering and introduced the guest speaker. Gauri Geet, who is currently serving as a resource person for the Financial Literacy Mission of the Securities and Exchange Board of India (SEBI) and the Bombay Stock Exchange (BSE), delivered an insightful and engaging lecture that centered around the fundamental pillars of financial literacy.

She discussed the concepts of money, needs, wants, and desires, emphasizing the importance of differentiating between them for sound decision-making. She further elaborated on the roles of income, savings, and expenses, explaining how effective budgeting lays the foundation for financial stability. A key part of her lecture focused on the impact of inflation and how money gradually loses its value over time, stressing the need for prudent financial planning.

Geet also cautioned students about the dangers of debt, describing how careless borrowing can lead to debt traps. While discussing investments, she pointed out that although fixed deposits are considered safe, they usually yield lower returns compared to other investment avenues. She encouraged students to explore investment options wisely, balancing risk and return. Another significant segment of her talk addressed the rising cases of investment fraud. She explained how fraudulent practices operate and advised practical strategies to detect and avoid such scams.

The lecture was highly interactive, with participants raising thoughtful questions, reflecting their keen interest in the subject. Overall, the session proved to be extremely beneficial, equipping students with valuable knowledge to manage their personal finances responsibly and to cultivate financial discipline.

The vote of thanks was delivered by Dr. Divya Budhia, Head of the Department, who expressed her gratitude to the guest speaker for the insightful session, as well as to the faculty members and participants for making the program a success.