nice how many of you get a pocket money and get broke by the end of the month
ah so II people must listen to my
ah so II people must listen to my startin Rao
money management is the key skill for
money management is the key skill for everyone who wished to save their money
everyone who wished to save their money
everyone who wished to save their money who wish to
a bank account who is to control their
a bank account who is to control their could baddie spending habit
I grew up in a family that had filled
I grew up in a family that had filled bucket of fear of money for fearful
bucket of fear of money for fearful
bucket of fear of money for fearful money
money
money my mother always challenged ourselves to
my mother always challenged ourselves to
my mother always challenged ourselves to fight against hunger he never ate a lot
fight against hunger he never ate a lot
fight against hunger he never ate a lot because of dream
because of dream
because of dream of teasing me my father worked as a
of teasing me my father worked as a
of teasing me my father worked as a teacher just to make enough money for
teacher just to make enough money for
teacher just to make enough money for our fundamental needs
our fundamental needs
our fundamental needs my grandpa he never went to his school
my grandpa he never went to his school
my grandpa he never went to his school in
in
in I ate a lot in every spend unnecessary
I ate a lot in every spend unnecessary
I ate a lot in every spend unnecessary things on unnecessary things because of
things on unnecessary things because of
things on unnecessary things because of the dreaming of owning more land by
the dreaming of owning more land by
the dreaming of owning more land by saving trickling money
saving trickling money
saving trickling money that was my parents opportunity to learn
that was my parents opportunity to learn
that was my parents opportunity to learn from him about how to make a financial
from him about how to make a financial
from him about how to make a financial plan how to become a financial
plan how to become a financial
plan how to become a financial discipline and how to make a
discipline and how to make a
discipline and how to make a responsibility he’s done within a family
he said he said a clear reason regarding
he said he said a clear reason regarding how to uplift his entire family out of
how to uplift his entire family out of
how to uplift his entire family out of limited land and money to a very
limited land and money to a very
limited land and money to a very prosperous family where we are leaving
prosperous family where we are leaving
prosperous family where we are leaving now with a full of dignity
now with a full of dignity
now with a full of dignity light or trustworthy saying in our
light or trustworthy saying in our
light or trustworthy saying in our continent
continent
continent oh he’s a fast first he school but
oh he’s a fast first he school but
oh he’s a fast first he school but I learned the bell of money
yeah and on the one side of community
yeah and on the one side of community where our family was growing in a very
where our family was growing in a very
where our family was growing in a very well manner because of team leader of my
well manner because of team leader of my
well manner because of team leader of my grandfather and in another side of same
grandfather and in another side of same
grandfather and in another side of same community I saw a difference between
community I saw a difference between
community I saw a difference between people difference between juniors and
people difference between juniors and
people difference between juniors and seniors and between difference between
seniors and between difference between
seniors and between difference between lovers – the problem was everybody were
lovers – the problem was everybody were
lovers – the problem was everybody were misguided by money and its practice
in this context I was taught that money
in this context I was taught that money management is something key aspect of
management is something key aspect of
management is something key aspect of life everybody felt that money is thus
life everybody felt that money is thus
life everybody felt that money is thus very smart and wealthy people
when I was 14 some of my friends list I
when I was 14 some of my friends list I was starting to fall in love
trying to rise in my pattern
trying to rise in my pattern I was trying to discovering on a
I was trying to discovering on a
I was trying to discovering on a philosophy of mine
philosophy of mine
philosophy of mine if everyone can learn early in school
if everyone can learn early in school
if everyone can learn early in school about their personal finance they can
about their personal finance they can
about their personal finance they can handle their money they can save their
handle their money they can save their
handle their money they can save their money and they can be best utilize their
money and they can be best utilize their
money and they can be best utilize their resources
discovering this philosophy many times I
discovering this philosophy many times I ask myself come on man you got a human
ask myself come on man you got a human
ask myself come on man you got a human life you need to do something crazy then
life you need to do something crazy then
life you need to do something crazy then I realize I can’t be helpful for those
I realize I can’t be helpful for those
I realize I can’t be helpful for those people who wish to change their mindset
people who wish to change their mindset
people who wish to change their mindset of mishandling financial planning
of mishandling financial planning
of mishandling financial planning by being their mentor
the biggest mistake that most people
the biggest mistake that most people make in their life when he when it comes
make in their life when he when it comes
make in their life when he when it comes to their personal finances they do not
to their personal finances they do not
to their personal finances they do not plan for it
I would like to say her own history from
I would like to say her own history from Alice in Wonderland
Alice in Wonderland
Alice in Wonderland in that story the cattails the alleys
in that story the cattails the alleys
in that story the cattails the alleys that see only they see really they will
that see only they see really they will
that see only they see really they will get somewhere as long as they work long
get somewhere as long as they work long
get somewhere as long as they work long enough
enough
enough however without finding a sultani you
however without finding a sultani you
however without finding a sultani you may not reach the destination where you
may not reach the destination where you
may not reach the destination where you want to go
want to go
want to go and you would be directionless
after grade eight I was transferred from
after grade eight I was transferred from my place to a quarter of my district
my place to a quarter of my district
my place to a quarter of my district where I witnessed the wonderful quays
where I witnessed the wonderful quays
where I witnessed the wonderful quays and within a people the standard of
and within a people the standard of
and within a people the standard of living and their access to finance
I was impressed by all those system I
I was impressed by all those system I wanted to do a replication of same
wanted to do a replication of same
wanted to do a replication of same things to my place too
things to my place too
things to my place too I thought why I can’t learn these things
I thought why I can’t learn these things
I thought why I can’t learn these things and make a plan to educate people
and make a plan to educate people
and make a plan to educate people regarding house to use their personal
regarding house to use their personal
regarding house to use their personal finance limited resources and maintain
finance limited resources and maintain
finance limited resources and maintain unity in diversity according to me
unity in diversity according to me
unity in diversity according to me financially literate is like being in
financially literate is like being in
financially literate is like being in like being in a red nistrim try to jump
like being in a red nistrim try to jump
like being in a red nistrim try to jump into the raindrops and eventually you
into the raindrops and eventually you
into the raindrops and eventually you will get that drops hits all the people
will get that drops hits all the people
will get that drops hits all the people at the same time after my high school
at the same time after my high school
at the same time after my high school I was awarded by an opportunity of
I was awarded by an opportunity of
I was awarded by an opportunity of collecting people collecting children
collecting people collecting children
collecting people collecting children and youth to teach them about personal
and youth to teach them about personal
and youth to teach them about personal finance I had only known a couple of
finance I had only known a couple of
finance I had only known a couple of people we have supported my volunteer
people we have supported my volunteer
people we have supported my volunteer work I still remember those 13 youth
work I still remember those 13 youth
work I still remember those 13 youth you know it’s in a class and in lighting
you know it’s in a class and in lighting
you know it’s in a class and in lighting them with the finest knowledge and his
them with the finest knowledge and his
them with the finest knowledge and his phenomena I gave them the skills and
phenomena I gave them the skills and
phenomena I gave them the skills and attitude to make a fine – to make them
attitude to make a fine – to make them
attitude to make a fine – to make them more financial independence
most of the people to whom I have
most of the people to whom I have maintained they have you started to save
maintained they have you started to save
maintained they have you started to save how powerful compounding is
how powerful compounding is
how powerful compounding is they started to save their money in buy
they started to save their money in buy
they started to save their money in buy into the bank account
into the bank account
into the bank account becoming more financial disciplined
becoming more financial disciplined
becoming more financial disciplined in the beginning we faced a lot of
in the beginning we faced a lot of
in the beginning we faced a lot of problem like collecting people
problem like collecting people
problem like collecting people convincing people and these people
convincing people and these people
convincing people and these people of pace to these people in spite of all
of pace to these people in spite of all
of pace to these people in spite of all those hard sleep my volunteers and I
those hard sleep my volunteers and I
those hard sleep my volunteers and I will always not to cease to leave but to
will always not to cease to leave but to
will always not to cease to leave but to cease to do not to cease to our dream
cease to do not to cease to our dream
cease to do not to cease to our dream because we are not in a condition to
because we are not in a condition to
because we are not in a condition to cease to leave but we have imagined
cease to leave but we have imagined
cease to leave but we have imagined together
during this moment someone questioned me
during this moment someone questioned me about my capacity and technical
about my capacity and technical
about my capacity and technical liability
liability
liability but I never forget to lead is that
but I never forget to lead is that
but I never forget to lead is that wasn’t that was my passion i keep
wasn’t that was my passion i keep
wasn’t that was my passion i keep continuing to work in this field
during the works of so many participants
during the works of so many participants here say that the
here say that the
here say that the part of being finance illiterate
having the harder part of an illiterate
having the harder part of an illiterate was having the discipline to save money
was having the discipline to save money
was having the discipline to save money and to control his spending habits when
and to control his spending habits when
and to control his spending habits when I hear it
I hear it
I hear it I just told him that just late good a
I just told him that just late good a
I just told him that just late good a mentality of spending money on
mentality of spending money on
mentality of spending money on unnecessary things if you wish to be
unnecessary things if you wish to be
unnecessary things if you wish to be protected in the future the function of
protected in the future the function of
protected in the future the function of leader is to create more for more
leader is to create more for more
leader is to create more for more leaders not for more followers I did the
leaders not for more followers I did the
leaders not for more followers I did the same and I started to conduct a training
same and I started to conduct a training
same and I started to conduct a training of trainers of community youth later on
of trainers of community youth later on
of trainers of community youth later on they helped other people to get access
they helped other people to get access
they helped other people to get access to finance
to finance
to finance I was already about my financial status
I was already about my financial status
I was already about my financial status as well
as well
as well every after money
every after money
every after money because I learned from my grandfather
because I learned from my grandfather
because I learned from my grandfather that the staggering race will never end
that the staggering race will never end
that the staggering race will never end since tea I try to find out successful
since tea I try to find out successful
since tea I try to find out successful entrepreneurship ideas skills that tells
entrepreneurship ideas skills that tells
entrepreneurship ideas skills that tells me to find out the source of income and
me to find out the source of income and
me to find out the source of income and later on they tase me to fill my pockets
I had no idea being outside and youth
I had no idea being outside and youth finance international youth committee
finance international youth committee
finance international youth committee member could become a census and for
member could become a census and for
member could become a census and for financially literate society the
financially literate society the
financially literate society the resource that I gained from Thailand
resource that I gained from Thailand
resource that I gained from Thailand youth finance International Organisation
youth finance International Organisation
youth finance International Organisation for Economic Cooperation and Development
for Economic Cooperation and Development
for Economic Cooperation and Development all wang master car foundation and
all wang master car foundation and
all wang master car foundation and unicef that made me capable to deliver
unicef that made me capable to deliver
unicef that made me capable to deliver financial literacy moment to almost
financial literacy moment to almost
financial literacy moment to almost 43,000 people and people of nepal many
43,000 people and people of nepal many
43,000 people and people of nepal many of the children and youth too
of the children and youth too
of the children and youth too we have i have majored they are they are
we have i have majored they are they are
we have i have majored they are they are up against those very same challenges
up against those very same challenges
up against those very same challenges that I faced as a children that inspire
that I faced as a children that inspire
that I faced as a children that inspire me to teach more with enthusiasm and
me to teach more with enthusiasm and
me to teach more with enthusiasm and that forms a desire to help other people
that forms a desire to help other people
that forms a desire to help other people to asic their financial well-being
to asic their financial well-being
to asic their financial well-being dreams and actually that is my
dreams and actually that is my
dreams and actually that is my motivation
motivation led me to win number of s
motivation led me to win number of s events like I won the global award in
events like I won the global award in
events like I won the global award in house of Lord UK Parliament that was my
house of Lord UK Parliament that was my
house of Lord UK Parliament that was my super dream at least with the National
super dream at least with the National
super dream at least with the National Youth talent award from Nepal government
Youth talent award from Nepal government
Youth talent award from Nepal government I became a father of financial literacy
I became a father of financial literacy
I became a father of financial literacy comic book
comic book
comic book and I received $10,000 seed money from a
and I received $10,000 seed money from a
and I received $10,000 seed money from a comment ability lab to work in finance
comment ability lab to work in finance
comment ability lab to work in finance accountability sector by making people
accountability sector by making people
accountability sector by making people financial literate
financial literate
financial literate and recently I was selected by us MSE
and recently I was selected by us MSE
and recently I was selected by us MSE due to a civic engagement project
due to a civic engagement project
due to a civic engagement project out of 800 outstanding application from
out of 800 outstanding application from
out of 800 outstanding application from all over the Nepal and that open the
all over the Nepal and that open the
all over the Nepal and that open the doers that I didn’t even know existed
what I understand is
what I understand is that financial literacy and financial
that financial literacy and financial
that financial literacy and financial education as a wonderful relation to
education as a wonderful relation to
education as a wonderful relation to maintain the economic process economic
maintain the economic process economic
maintain the economic process economic development of country
development of country
development of country if people are financial literate and if
if people are financial literate and if
if people are financial literate and if if people are gonna make a lot
if people are gonna make a lot
if people are gonna make a lot the financial system of country goes in
the financial system of country goes in
the financial system of country goes in a smooth it goes in a smooth flow
opening our new Bank branches in
opening our new Bank branches in unbanked areas by making people finance
unbanked areas by making people finance
unbanked areas by making people finance a literate and by making them
a literate and by making them
a literate and by making them financially capable that allows people
financially capable that allows people
financially capable that allows people to use financial product more wisely and
to use financial product more wisely and
to use financial product more wisely and that helps to
that helps to
that helps to that helps two people to maintain their
that helps two people to maintain their
that helps two people to maintain their household acts household daily expenses
household acts household daily expenses
household acts household daily expenses properly
I must say that financial literacy and
I must say that financial literacy and financial education is a major policy
financial education is a major policy
financial education is a major policy priority in Nepal it has included in its
priority in Nepal it has included in its
priority in Nepal it has included in its strategic plan
strategic plan
strategic plan it has been identified is important
it has been identified is important
it has been identified is important pillar in national 5-years financial
pillar in national 5-years financial
pillar in national 5-years financial sector development strategy and Nepal
sector development strategy and Nepal
sector development strategy and Nepal government has just introduced own Bank
government has just introduced own Bank
government has just introduced own Bank in own own household campaign
in own own household campaign
in own own household campaign according to Central Bank of Nepal 61%
according to Central Bank of Nepal 61%
according to Central Bank of Nepal 61% of adult population are formerly
of adult population are formerly
of adult population are formerly financially included but 18 percent of
financially included but 18 percent of
financially included but 18 percent of adult populations they do not have any
adult populations they do not have any
adult populations they do not have any access to formal and financial
access to formal and financial
access to formal and financial institutions do you know why
institutions do you know why
institutions do you know why because this is my responsibility to
because this is my responsibility to
because this is my responsibility to make them finance a literate that is my
make them finance a literate that is my
make them finance a literate that is my pure responsibility
I want to emphasize one particular point
I want to emphasize one particular point if we wish to be a good citizen if you
if we wish to be a good citizen if you
if we wish to be a good citizen if you wish to be a good consumer then we need
wish to be a good consumer then we need
wish to be a good consumer then we need to aware about financial literacy things
to aware about financial literacy things
to aware about financial literacy things our banking our banking and financial
our banking our banking and financial
our banking our banking and financial institutions offer interest rate how
institutions offer interest rate how
institutions offer interest rate how they are why they are advocating for the
they are why they are advocating for the
they are why they are advocating for the digital payments but they ask to update
digital payments but they ask to update
digital payments but they ask to update our key our updated information in their
our key our updated information in their
our key our updated information in their bank account we need to be very serious
bank account we need to be very serious
bank account we need to be very serious because that is our security
because that is our security
because that is our security that is for our security we need to be
that is for our security we need to be
that is for our security we need to be very serious about that
I want to add on my experience why
I want to add on my experience why because why financial literacy matters a
because why financial literacy matters a
because why financial literacy matters a lot everyone knows we faced we last year
lot everyone knows we faced we last year
lot everyone knows we faced we last year there there was a work week in Nepal
there there was a work week in Nepal
there there was a work week in Nepal before earthquake I went to the
before earthquake I went to the
before earthquake I went to the community and I conducted a saison
community and I conducted a saison
community and I conducted a saison financial literacy session and some of
financial literacy session and some of
financial literacy session and some of the people showed their interest to open
the people showed their interest to open
the people showed their interest to open a bank account and even days they think
a bank account and even days they think
a bank account and even days they think about they thought about how to do
about they thought about how to do
about they thought about how to do business in collect by doing a
business in collect by doing a
business in collect by doing a collaboration with banking and financial
collaboration with banking and financial
collaboration with banking and financial in cheese user
in cheese user
in cheese user but after the earthquake I went here and
but after the earthquake I went here and
but after the earthquake I went here and I asked them did you open a bank account
I asked them did you open a bank account
I asked them did you open a bank account what was the answer Koenig is and they
what was the answer Koenig is and they
what was the answer Koenig is and they to a lad no they were super nervous
to a lad no they were super nervous
to a lad no they were super nervous they didn’t open the bank account and
they didn’t open the bank account and
they didn’t open the bank account and while government denied to give relief
while government denied to give relief
while government denied to give relief money without any bank account they
money without any bank account they
money without any bank account they become super nervous to utilize the
become super nervous to utilize the
become super nervous to utilize the remaining resources as well
remaining resources as well
remaining resources as well after seeing those things I started I
after seeing those things I started I
after seeing those things I started I said for all one month in the same
said for all one month in the same
said for all one month in the same community and I majored them to open a
community and I majored them to open a
community and I majored them to open a bank account and I caused them to know
bank account and I caused them to know
bank account and I caused them to know to understand the value of money
to understand the value of money
to understand the value of money and after a few weeks the people of God
and after a few weeks the people of God
and after a few weeks the people of God local government to India to distribute
local government to India to distribute
local government to India to distribute relief material and in that time the
relief material and in that time the
relief material and in that time the people of local community asks to the
people of local community asks to the
people of local community asks to the officer of local government why don’t
officer of local government why don’t
officer of local government why don’t you why didn’t you bring those relief
you why didn’t you bring those relief
you why didn’t you bring those relief metal in time
metal in time
metal in time why did you give us money we have a bank
why did you give us money we have a bank
why did you give us money we have a bank account why so this is the example of
account why so this is the example of
account why so this is the example of when we make people finance illiterate
when we make people finance illiterate
when we make people finance illiterate then they they they become a more
then they they they become a more
then they they they become a more accountable and more transferring and
accountable and more transferring and
accountable and more transferring and they ask a question to the government if
they ask a question to the government if
they ask a question to the government if there are any kind of delay in
there are any kind of delay in
there are any kind of delay in development process
the goal of financial literacy is to
the goal of financial literacy is to increase the financial knowledge but if
increase the financial knowledge but if
increase the financial knowledge but if we teach people financial basic
we teach people financial basic
we teach people financial basic financial literacy and financial
financial literacy and financial
financial literacy and financial education as well that will increase the
education as well that will increase the
education as well that will increase the financials Osment power is well
financials Osment power is well
financials Osment power is well so by saying this we must be financial
so by saying this we must be financial
so by saying this we must be financial capital as well not only finance
capital as well not only finance
capital as well not only finance illiterate we must be able to choose the
illiterate we must be able to choose the
illiterate we must be able to choose the product we must be able to choose the
product we must be able to choose the
product we must be able to choose the system why we where we want to invest
system why we where we want to invest
system why we where we want to invest this kind of things
so finding is a little education and
so finding is a little education and financial literacy has a mixed kind of
financial literacy has a mixed kind of
financial literacy has a mixed kind of effect financial literacy has a negative
effect financial literacy has a negative
effect financial literacy has a negative kind of effect for certain behaviors but
kind of effect for certain behaviors but
kind of effect for certain behaviors but financial literacy has a positive
financial literacy has a positive
financial literacy has a positive effects in long-term behavior like
effects in long-term behavior like
effects in long-term behavior like retirement planning you are nothing you
retirement planning you are nothing you
retirement planning you are nothing you are okay most of the people you don’t
are okay most of the people you don’t
are okay most of the people you don’t think about the future but if you had to
think about the future but if you had to
think about the future but if you had to if you are if you are doing your saving
if you are if you are doing your saving
if you are if you are doing your saving you from right now you will not to worry
you from right now you will not to worry
you from right now you will not to worry about the future that is the positive
about the future that is the positive
about the future that is the positive impact of financial literate leave being
impact of financial literate leave being
impact of financial literate leave being literate so I would like to request you
literate so I would like to request you
literate so I would like to request you all the audience to think a moment about
all the audience to think a moment about
all the audience to think a moment about how we can educate for our generation
how we can educate for our generation
how we can educate for our generation about financial literacy and financial
about financial literacy and financial
about financial literacy and financial education because I mean this path to
education because I mean this path to
education because I mean this path to either educate the financial illiteracy
either educate the financial illiteracy
either educate the financial illiteracy from all over the world not from Nepal
from all over the world not from Nepal
from all over the world not from Nepal because in the small corners of the
because in the small corners of the
because in the small corners of the world we can make a difference thank you
world we can make a difference thank you
world we can make a difference thank you [Applause]
”
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