SLASSCOM, the chamber for the Information Technology (IT) and Business Process Management (BPM) industry in Sri Lanka, recently collaborated with the CFA Society of Sri Lanka in a noteworthy initiative aimed at enhancing financial literacy and wellbeing among the populace. This collaborative effort resulted in the successful organization of two insightful webinars, each focusing on the crucial aspect of financial management.
The first webinar, conducted in English by the late Mr. Ravi Abeysuirya, and the second, delivered in Sinhalese by Mr. Sidath Kalyanaratne, collectively drew a significant audience, with close to 800 individuals registering their interest. Impressively, out of these registrations, 350 eager participants actively engaged in the enriching sessions. This remarkable turnout underscores the profound interest and importance accorded to the subject of financial wellbeing within the community.
The decision to offer these webinars free of charge exemplifies the commitment of both SLASSCOM and the CFA Society of Sri Lanka to benefit society at large. By removing financial barriers, these organizations have made valuable knowledge and insights accessible to individuals from diverse backgrounds, empowering them to make informed decisions regarding their financial futures.
During the sessions, participants were treated to a comprehensive exploration of various topics crucial to personal financial management and prosperity. These included discussions on the importance of personal financial management, strategies for achieving financial independence and wealth, effective personal financial planning, smart borrowing and repayment techniques, leveraging money to work for oneself, assessing the default risk of financial institutions, entrepreneurship, contingency planning, retirement planning and wealth protection strategies.
By delving into these multifaceted subjects, participants gained valuable insights and practical knowledge essential for navigating the complex terrain of personal finance. Armed with this newfound understanding, individuals are better equipped to make informed financial decisions, secure their futures, and embark on a path towards enduring financial stability and prosperity.
The success of the initial webinars has paved the way for further expansion and inclusivity. Recognizing the linguistic diversity of the Sri Lankan population, plans are underway to conduct a third session in the Tamil language, thereby ensuring broader outreach and engagement.
The collaborative efforts of SLASSCOM and the CFA Society of Sri Lanka have not only fostered greater awareness and understanding of financial wellbeing but have also empowered individuals with the tools and knowledge needed to take control of their financial destinies. As these initiatives continue to expand and evolve, they promise to play a pivotal role in promoting a financially literate and resilient society in Sri Lanka