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The Importance of Financial Literacy in the Modern World

The Importance of Financial Literacy in the Modern World Introduction In a fast-paced, ever-evolving economy, understanding how money works is more than just a skill—it's a necessity. Financial literacy is the foundation of smart money management, yet only 57% of adults worldwide are financially literate , according to the Standard & Poor’s Global Financial Literacy Survey. Financial literacy empowers people to make informed decisions about budgeting, saving, investing, and borrowing. It bridges the gap between surviving and thriving in both personal and professional life. 1. What is Financial Literacy? Financial literacy is the ability to understand and effectively use various financial skills, including personal financial management, budgeting, and investing. Core Concepts: Budgeting : Managing income and expenses Saving : Preparing for emergencies and future goals Investing : Growing wealth strategically Debt Management : Understanding loans, credit cards, and in...
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Manu Bhaker Wins Bronze at Paris Olympics

Manu Bhaker Wins Bronze at Paris Olympics

In a remarkable display of skill and determination, Manu Bhaker secured a bronze medal in the women's 10m air pistol event at the Paris Olympics, marking India's first medal of the Games. The 22-year-old athlete from Jhajjar, Haryana, achieved a score of 221.7 in the final, earning her place on the podium and making history as the first Indian woman shooter to win an Olympic medal.


A Journey of Perseverance


Bhaker's journey to the podium was one of resilience and dedication. She qualified for the final with a score of 580 points, finishing third out of 45 competitors. This achievement came after a disappointing performance at the Tokyo Olympics, where her campaign was marred by a malfunctioning pistol during the qualification round.


Reflecting on her journey, Bhaker said, “After Tokyo, I was very disappointed, and it took me a very long time to overcome that. Frankly speaking, I really can’t explain how good I am feeling today. I was fighting with all the energy I have. Really grateful that I could win the bronze."


Inspired by the Bhagavad Gita


Bhaker attributed her mental strength and perseverance to the teachings of the Bhagavad Gita. “I read the Bhagavad Gita and always tried to do what I am supposed to do, leaving everything else to God. We can’t fight destiny,” she said with a wide smile.


A Historic Achievement


This bronze medal is the fifth shooting medal for India in Olympic history. Previous medalists include Rajyavardhan Singh Rathore (silver, Athens 2004), Abhinav Bindra (gold, Beijing 2008), Gagan Narang (bronze, London 2012), and Vijay Kumar (silver, London 2012). Bhaker's achievement adds another prestigious accolade to India's shooting legacy.


The Final Showdown


The competition at the Chateauroux Shooting Centre was intense. Korea’s Kim Yeji claimed the silver with a score of 241.3, while her compatriot Jin Ye Oh won the gold, setting a new Games record with a score of 243.2. Despite the fierce competition, Bhaker's focus and determination shone through, securing her a well-deserved spot on the podium.


Looking Ahead


At just 22 years old, Bhaker's Olympic journey is likely far from over. Her bronze medal at the Paris Olympics is not only a testament to her hard work and dedication but also a source of inspiration for aspiring shooters in India and around the world. As Bhaker continues to train and compete, the nation eagerly anticipates her future accomplishments on the global stage.

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