September 6th 2010

Financial Education – A Lifelong Pursuit



Consumer education is a required high school course in Illinois. At many high schools, students who pass a 2-hour proficiency test can skip the semester-long course. This is what my son did, and at the time, I was happy for him. Testing out of consumer ed meant he could take an elective in a field that interested him.

Now that he’s off at college, beginning to make more financial decisions-and mistakes-on his own, I’m having second thoughts. Proving your know-how on a 2-hour test is probably not as good a foundation as a financial course. No matter how thorough the high school consumer education curriculum was, it probably would have covered more than the basics we’ve tried to instill in our children: save your money for something special; you can’t afford everything you want; put some of your allowance into savings and some into the offering plate at church. Probably the class would have included check writing and checkbook balancing, budgeting for living expenses and long-term planning, and other dry but necessary financial subjects. Some of these topics I’m too inept to teach, or I’d be a bad example to follow, or I’ve simply got too many WASPy American hang-ups to have frank money talks. My philosophy echoes my parents’: children should be able to enjoy their childhood and not be burdened with financial problems. However, am I setting them up for financial worries of their own down the road?

At least my son is studying business. Whether or not he takes Investing 101, I do know that he’ll have a thorough grounding in finance and accounting. Hopefully he’ll be able to apply his business acumen to household finances as well. I’ve been trying to be more openly communicative about our family’s budgeting decisions, as well as letting him learn on his own just how far his money will or will not stretch when he’s away at school.

The son who tested out of consumer ed is my oldest, and just like so many other parenting missteps I’ve made, I had to learn on him. I am certainly not going to encourage my younger children to skip this first step toward financial education. No matter what fields they pursue, they will need to understand basic money management and investment.

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November 22nd 2009

consumer complaint forum

Consumer action guide

There is always a need to protect the rights of the customers. The consumers are cheated, duplicated to gain undue advantages from them. There are many consumer rights are made for customer protection. Six rights were initially realized for protection of consumers. The six rights are

• Right to Safety

• Right to Information

• Right to Choice

• Right to be heard

• The Right to Redress

• The right to consumer education

But these rights are not always followed. So, there is always a need for costumer protection.Sometimes complaints fall on deaf ear, they go unheard, that is why there is always a need register these complaints. Consumers’ interest can be protected by encouraging healthy competition in the market which serve the customers and not harm their integrity. These complaints can be registered in a consumer forum. A consumer forum is a platform where people can register their complaints and a team of experts give solution on the proceedings of the matter. The aim of consumer forum is to enforce consumer protection. Sometimes customers are not aware of their rights.Consumer forums is a response towards the ongoing conflicts between the customers and their protection. The consumer forums file the complaints of the customers and advice them on the related issues.

Consumers are sometimes not aware of their rights and are sometimes cheated. There is always a need to safeguard customer’s rights. Many customer protection rights are formulated across the world but they are not implemented. Consumer forums pave the way for communication between different people on matters related to customer complaints. Customers in a consumer forum fill up a form a register their complaints. The complaints are then reviewed and necessary measures are then taken.

By registering your complaints in a consumer forum you don’t have to run after lawyers and pay those heavy dues to file your case. Online Consumer complaints are available where you can log your complaints online. Here you will be guided to handle your own case through advice, proper guidance and help.

Consumer forum in India is slowly gaining its pace. Earlier people in India were not aware of their customer rights. Now with the introduction of consumer complaint forum general public have become responsible towards consumer affairs. Consumer affairs and their grievances are taken due care of.

The complaints forum help educate customers, to recognize their importance, to advocate their opinion. This is a platform to voice your views, to voice against injustice. Consumer forums operate through campaigning, protesting and lobbying. Consumer forums try protecting costumer rights by defending costumers towards malpractices, by prohibiting certain illegal practices. The sole aim of the consumer forum is to create healthy business environment, promoting competitive forces in the market. Consumer Complaint forum helps in building a better networking among the public. Consumer forum India registers consumer reviews and on the basis of these consumer reviews proper actions are taken.

Consumer affairs need to be sorted out so that there is always harmony between the consumers and the corporate. There should always be unity between the consumers and the corporate. Corporates should always try to protect the rights of the consumers and corporates, that is why consumer forums are promoted to safeguard costumer rights.

Mahesh Bansal has a 10 long year’s of career expertise of working as a content writer. Throughout the years, Mr Basal has been writing content about the consumer related issues and has developed in-depth knowledge about the commandment followed for the costumer protection rights.

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