
Dhan Dana Dan is a financial literacy course to help manage your finances better
Through a series of animated videos in a low-mid income urban set-up and a storytelling format guided by the teenager character Sudhir, Dhan Dana Dan explains various important, basic, and necessary concepts of financial planning in very simple terms. The concepts covered under the modules are:
MODULE 2
Understanding Income
Proper and timely planning of your money is important to achieve financial security in your life. The first step to it is to keep track of how much you earn. This module on income covers the following topics:
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Income and its sources
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Need to Keep a tab on the regularity of inflow of income from different sources
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Difference between Active and Passive Income, and Regular and Irregular Incomes sources
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Need to maintain a financial diary
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Guidance on building more sources of passive income
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MODULE 3
Expense Management
Keeping a tab on how much you spend on basic needs and planning for future needs is critical to effective financial planning. The mantra is not to exceed your expenses more than your income. This module on Expense management builds on this concept and covers the following topics:
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Understanding your expenses
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Financial and life needs or goals
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Prioritizing expenses into categories of essential and non-essential, short & long-term, or for emergencies
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How to keep your expenses in control
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How to maintain a financial diary
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How to spend money wisely based on your income
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MODULE 4
Savings and Its Importance
Savings can help an individual plan one’s life cycle needs smartly for a financially secure future. The key principle to remember is that it’s never too late to start saving!. While guiding on the adoption of good saving practices, this module focuses on the following topics:
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Understand what is saving
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Importance of budgeting to save smartly
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Importance and prioritization of saving goals
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Concept of saving as per saving goals
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How to practice saving regularly
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How to spend less money on your ‘wants’ and
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Awareness about saving options
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MODULE 5
Savings Options and Schemes
Talking of savings, the key challenge anyone faces is knowing where to save and which option to choose? It is important to choose the savings option according to one’s saving goals What are savings and how to prioritize your saving goals? Elaborating on this concept the modules focus on the following topics:
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Awareness about saving options
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Saving options - Cash and non-cash options
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Advantages and disadvantages of saving options aligned with saving goals
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How to save as you earn
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How to save wisely and understand where to save according to your saving goals
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Good savings behavior
Undertake the full course on the App