LFI College organises talk on importance of savings

DIMAPUR: Livingstone Foundation International (LFI) College, department of Commerce organised a talk on “The importance of Savings and Investments” at LFIS auditorium on Monday.
A press release from the college informed that during the programme, resource person, assistant manager, India Post Payments Bank, Sharon Losu stressed on the importance of savings and how many people were unaware of its role.
She said that most people looked for easy money and highlighted the sad reality of how the youth today spent more than what they could afford just to please their peers. This, she said led them to indulge in illegal or wrongful activities instead of planning on saving and investing.
She pointed out that the need of the hour was to start educating and creating awareness about saving and investment among the people. Saving is not easy, it requires great discipline and we need to prioritise our needs over our wants, she stated.
Meanwhile, resource person, marketing executive, department of Posts, L Imtikumzuk shared various saving and deposit avenues along with interest rates available for the public to invest.
He encouraged the participants to start saving and investing at an early age and shared its advantages by illustrating practical examples. The resource persons accompanied branch postmaster Vihokhu Village branch office, Merensoba and postman Dimapur MDG, Ajay Das.
The programme was attended by students, staff and faculty of LFI. The session was chaired by Icheel Khoirom (B.Com II semester), welcome address by head, department of Commerce, Imsulemla and vote of thanks was proposed by assistant professor, department of Commerce, Renemzungla Ao.