On 15th August 2023, India celebrated her 76th Independence Day! On this special day, the words of the gallant late Captain Laxmi Sehgal (IMA) come to my mind.

"Freedom comes in three forms. The first is political emancipation from the conqueror, the second is economic emancipation and the third is social. India has only achieved the first".

Sure we achieved political freedom 66 year ago, but the latter two goals have yet to be attained. And financial literacy is a crucial medium that will embark every individual on the journey to economic and social emancipation. Financial literacy ensures economic independence, and cuts across races, castes and gender. At Vineet Nayyar & Associates (VNA), we aim to do just that by educating, empowering and engaging every Indian to be financially independent and manage his or her finances in an efficient manner. Credit awareness has proved not only to be economical, but is also a time saving exercise

VNA provides an array of case studies, in addition to credit advice and counseling by veterans from the industry devoted to the social cause of spreading credit awareness in the country.

A survey shows that 50% people blame poor financial literacy for mis-buying financial products. While credit awareness is high in foreign nation, the market lies largely untapped in India. This most often result in exploitation of the ignorant individual through high interest rates and unfavorable credit terms. Simple financial knowledge about credit reports and credit history can save every individual form these disagreeable terms can save every individual form these disagreeable terms and conditions.

The acute financial knowledge will help you start your own dream company or make your own home or study in the university that you always wanted to. It will prevent you from wrecking your chance of securing loans by ensuring that you have a good credit score and it will enable you to make informed decisions while managing your finances.