Mission to Empower Teens With Financial Knowledge

Mumbai : Shaurya Kabra, a bright 17-year-old youngster, has taken up the admirable initiative of launching his book, Ek Prayaas, at a very young age. Recently, he distributed his book at Raajyakeey Uchch Praathamik Vidyaalay Manda in Ajmer to create awareness about financial literacy among students. This is one of the many projects Shaurya has undertaken to promote financial literacy in India, and to date, he has distributed 65,000 books among children in various cities.

Originally written in English, the book has been translated into Hindi, Marathi, and Tamil and distributed in schools in different states, such as Rajasthan, Maharashtra, Bihar, Gujarat, Madhya Pradesh, and Tamil Nadu. “Half of India’sIndia’s rural population lacks financial knowledge, has limited access to information, and is unbanked. We recognized that financial inclusion would instil the habit of saving and investing, provide unbanked people access to formal funding, and reduce their vulnerability to economic shocks,” says Shaurya. “Recognizing the importance of educating them from a young age, I decided to take the first step with my book. It uses simple language, story formats, fairy tales, interactive crossword puzzles, and activities to help rural and tribal populations understand and engage. Schools have added it to the curriculum.” further added Shaurya.

Through this book, Shaurya attempts to share his financial knowledge and that of experts in the field. Shaurya strongly views financial literacy and is a boy on a mission with immense “prayers” (efforts). The idea behind the book is to teach people about economic opportunities and increase their understanding of investments and how to grow their money.

About Shaurya Kabra

Shaurya, 17, is a young boy who is mature beyond his years in his worldview and outlook on life. He carries his responsibility effortlessly, and this tells a different story about him. Shaurya is not one to take an easy route to achievement or the much-trodden path. Within him beats a heart of gold and one that bleeds for his less-privileged compatriots.

About Ek Prayaas

Ek Prayaas, an initiative by ShauryaKabra, attempts to create a financially literate rural India. It explains and clarifies various financial concepts, such as budgeting, investment, savings, loans, fixed deposits and so forth, in a simple and easy-to-understand manner through books and animation. It also teaches them how to recover from financial shocks and manage emergency expenditures without feeling overwhelmed.

Websitehttps://www.ekprayaas.co.in/

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