Outlook Money Outlook Money, June 2018 | Page 8

Talk Back The story Catch Them Young in the May 18 issue made a good read. Financial education is so important, but is not taught in any school. It is important for parents to practice what they preach because kids tend to learn a lot from their parents. Money should be a part of everyday conversations from an early age, so that kids know that money is an important part of their lives. Priya Dubey, Faridabad I read the story on Finzy - a peer-to-peer lending initiative in the previous issue of Outlook Money. I am not a great believer of peer-to-peer lending but I must acknowledge that Finzy looked interesting. I am curious to know more about it and would want Outlook Money to keep on introducing readers to similar opportunities in the market. Bhagyashree Pradhan, Mumbai This is regarding the article, Book Hotels By The Hour. It is interesting to note that startups come up with new business ideas in a space where established players already exist because they are able to identify a need in the market. While the need to book a hotel for a few hours or part of the day was always there, somehow nobody thought of this as a business model before. “ “ The column on Myths About Filing Tax Returns was very informative. This is something we do every year, yet there is so much confusion about certain aspects of filing tax returns. While a good tax lawyer can decode the entire process, it helps if you’re self-informed. The government has made tax filing rules more stringent in the recent times and making a mistake can cost one dear. Meenakshi, Lucknow 8 Navneet, New Delhi Outlook Money June 2018 www.outlookmoney.com “ “ Rahul, New Delhi “ “ “ “ Two things can play spoilsport in retirement. One is of course the shortage of funds, because most people do not save enough or save right for retirement. The other is health, which can spoil the fun and lead to high expenses. The story Planning For The Golden Years was apt in mentioning that the retirement scenario has changed over the years, making planning for retirement even more crucial. “ “