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10 things to do on this Republic Day

Are you in for another challenge? As Republic Day is around the corner, we want to take all you Slonkiteers on a Fun Desi Ride to fuel your pride of being Indian.

Here are quick things you can do this Republic Day as a fun exercise.

  1. Go Desi.

This Republic Day, we request all Slonkiteers to go Desi. Jeans and Shirts are cliché. You got to be exclusive. Be different. You can opt to wear Khaadi clothes, dresses with bandhani design or wear traditional Indian attire.

  1. Watch patriotic Movies.

It’s time for Binge Watching! I know you love to spend entire day in front of the TV, but on this Republic Day, do it for a reason. Watch some famous Bollywood movies like Border, LOC, Legend of Bhagat Singh, etc.

  1. Read some facts about Republic Day.

We have uploaded some quick facts about Republic Day that you can read and boast about to your friends. There is no greater pride than knowing facts about your country.

  1. Know your Flag.

This Republic Day, know what your Flag means? Read about interesting articles about the true meaning behind the tricolor and Ashoka chakra.

  1. Experience a flag hoisting ceremony.
    You can visit your nearest government or public building and experience the feeling of a flag hoisting. You could also sing the national anthem there.
  1. Speak in Hindi for a day.

I know that this might be a tough task for most of you out there but try creating a fun game out of it. Invite friends over, speak in Hindi throughout and see how long you can hold your place. You can play a game on English to Hindi translation.

  1. Strictly follow Dry Day.

We know it’s a day to celebrate and enjoy but we can do it without alcohol too. Invite friends over to your place and enjoy some food & music. You can brighten the mood by playing a quiz, making a patriotic rangoli/ sketch, playing patriotic antakshari or dressing up like one of the freedom fighters.

  1. Respect your flag.

Everybody loves sticking a flag on their cars and bikes to show their love towards the country. But often, on the next day, the flags are seen on the streets blown by the wind or cleared by vehicle wash. Look out for those Flags, pick them up and store them with pride.

  1. Eat Desi.

Forget Chinese, Pizza and Burger for a day. Ask your parents to cook something desi or traditional and enjoy the desi taste with your family.

  1. Continue with your patriotism.

You are not just an Indian for a day. Your love towards the country should be consistent and forever. Be a proud Indian.

So, take your inner Desi on a treat this Republic Day and be the change! Share your photos on Slonkit’s Facebook page about all the desi stuff you pull off. We would love to see your inner Indian.

Slonkit wishes you a Happy Republic Day.

Jai Hind.

Team Slonkit

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3 effective ways to increase fee collection and communication with students in your college

In old days when traditional methods were still in action, college management and staff had to constantly run behind students. Thy had to make constant phone calls to parents and children for completing their fee payments. In this digital age gone are the days of manual labor when you had to run behind students for fees and payment collection. We introduce you to Slonkit, India’s only money management mobile app to manage your college communication and fee collection in 1 click.

With Slonkit we provide seamless communications. Slonkit provides one unified platform to manage payments and communications with all students or select batches. All this can be done online with 1 mobile app within a few clicks. Now you don’t need to print multiple notices/circulars/announcements physically around the campus for classroom announcements.

Here are 3 effective ways how you can benefit by partnering with Slonkit :-

Online Fee Collection: – To save cost and improve process of fee collection we provide a web based application called COSMOS. Through this online application, you can now send payment notifications and reminders to all or select batches of your students. To automate the process of receipt generation and individual student fee payment using online payment, DD payment and receipt options, many education entities have started using automated fee collection of Slonkit.

Unified Messaging: – We simplify your communication process by reducing your efforts by 70 to 80%. Slonkit provides an online application. From this web based platform, you can send email, push notification, and SMS to all or select students. We also provide payment option within the message by giving a call-to-action button within the notification so the child can make her/his payment within 1 click.

Analytics and Insights: – You can easily track and quantify your payments received or pending through the monthly or weekly analytical report generation. Through the insight tab we give you detailed report about the messages and notifications sent. You can also check the number of fees collected and pending from which student. These select students can then be notified again directly from this application within 1 click.

Slonkit brings customized services to enable and make your college campus digital. So, join the digital revolution by making your payments digital and partner with Slonkit in this drive. There are many more benefits provided by digitizing your educational institution with Slonkit. To know more, do get in touch with us by writing to marketing@slonkit.com.

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3 ways to quit tobacco on this World No Tobacco Day

Tobacco day message from Slonkit

Tobacco is one of the biggest reason for deaths worldwide. One in 10 people die every day and one in 4 die every day in India. “Despite more than half a century of unequivocal evidence of the harmful effects of tobacco on health, today, one in every four men in the world is a daily smoker, “said senior author Dr Emmanuela Gakidou, Institute for Health Metrics and Evaluation at the University of Washington, USA. “Smoking remains the second largest risk factor for early death and disability, and so to further reduce its impact we must intensify tobacco control to further reduce smoking prevalence and attributable burden. “

World No tobacco Day Message by slonkit

According to the government of India, 5,500 youth start tobacco every day. 35% of adults consume some form or the other. 25% of females use tobacco before the age of 15. There are numerous ways to quit tobacco, every method may vary a little and the success factor will be dependent on several factors like an individual’s commitment, how determined she/he is to quit and what is the amount of willpower. These and many other personal factors determine the success rate for each individual.

This World No Tobacco Day we would like to take up this initiative to help youngsters and all alike in their battle towards quitting consumption of all of tobacco.

world no tobacco day message by slonkit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Here are 3 ways you can help your friends or yourself to quit tobacco: –

  1. Nicotine Replacement Chip

World No Tobacco Day message by Slonkit

Most people get into nicotine therapy. This therapy would involve applying nicotine patches, nicotine lozenges or some other form of nicotine therapy. This would ensure reducing the amount of nicotine in your body. This would enable your body to get used to finally get rid of the nicotine from your body slowly. Also, this would help you to feel the effects of nicotine on your body so you won’t be suffering from strong withdrawal effects. Nicotine therapy mostly works the best for the largest number of people.

2. Avoid triggers

World No Tobacco Day message by Slonkit

In most situations, there are certain triggers that cause cravings in people to smoke or enjoy your tobacco punch. For most people, that trigger is the most stressful situation to control. For other, there may be a fixed time, place and people with whom they smoke or have tobacco, pipe, cigar etc.

As you move towards quitting tobacco, these triggers become stronger and create more cravings. To ensure you live a tobacco free life, make sure you control your mind and so that you may not activate these cravings. Experts advise to divert your mind, be strong and determined during such tough times.

3. Slowly but surely

World No Tobacco Day Message by Slonkit

Another method popularly used is by slowly cutting down on tobacco consumption. This is the perfect solutions for heavy or chain smokers who are really deep in this habit. You can start to cut back on your tobacco usage day by day and week to week.

Take yourself from 2 packet to 1 or from 10 cigarettes a day to 1 and finally quit. This will help you to control the amount of nicotine and help you to resist your cravings.

Every method mentioned here have its pros and cons. These ideas may work for some or everybody, it all depends upon person to person. Someone may quit in a week, someone might do it in a month. Key thing to remember is not to get discouraged and frustrated. Keep your will power strong and be consistent in your effort to achieve success. Quitting tobacco is a personal decision and everyone must find their own best way to do so.

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Young Entrepreneurs Below 20!

Young Entreprenuer below 20!

Get inspired today

Slonkit brings to you 3 individuals who started their business very early on in life. Our motto is that as an organization we want to create awareness among today’s youth to be responsible and be financially aware by bringing financial literacy among the young and growing youngsters.

We want to inspire the young and growing generation of today in terms of teaching them how to build and manage their business. Here are 3 inspirational young figures who started their own business before the age of 20:-

Arun Santhosh Kumar

Arun Santhosh Kumar

  1. Arjun Santhosh Kumar

Arjun is the founder and CEO of LateraLogics. He is a 10th grader who attends Velammal Vidhyshram High School in Chennai. His technology company focusses on custom app and web development along with providing consulting services. This schoolpreneur has also created two apps, namely Ez School Bus Locator and iSafeGuard at the young age of 13. Both his creations have won him many awards and accolades till date.

shravan & Sanjay Kumaran

shravan & Sanjay Kumaran

  1. Shravan and Sanjay Kumaran

They are the youngest entrepreneurs of India. These two techie brothers, aged, 12 and 14 respectively have started their own app development unit called Go Dimensions in 2011. They have already built over 11 mobile apps with 35000+ downloads and slowly rising. These two inspiring youngsters set an example for everyone around us.

King siddharta

King siddharta

  1. King Sidharta

A young boy from the backward sector of Northern India decided to start organizing small events and competitions among teens. King Sidharta started this epic entrepreneurial journey along with his friends at the ripe age of 19 years and is still going head strong with his company Createens. It is a platform for young talent to learn about blogging, entrepreneurship, etc. He is also an author and speaker.

To support our goal, we also groom, train and mentor young talent to develop their life skills. Our SkYe program, commonly known as Slonkit Young Entrepreneur Programme, is a platform for young and passionate individuals. Through this programme our purpose is to teach essential life skills that are required for setting up and managing your business.

All you have to do, is to get in touch with our Slonkit team by filling out your basic information on the link on our SkYe page: – http://www.slonkit.com/slonkit/contact-page/

You can also drop us an email at slonkit4u@slonkit.com and we will get back to you within 7 business working days.

With complete support from the Slonkit team, you will learn important skills like communication, marketing, technology integration, digital marketing etc.

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Practical money tips to be aware before you are 25!

Practical money tips to be aware before you are 25!

As per a recent study by IIMA, it was observed that the average financial literacy rate for the age group below 25years in India is less than 40%. This means that if you ask 10 questions to a teenager about finance, he might answer 1 of them. That means people under 25 years of age are not financially literate. We live in the digital age where information is right in front of us. So, let us enlighten ourselves and gain awareness about money management among the youth of today.

India’s young millennials may not have full-time jobs or they don’t have to pay their house rent or mobile bills. But it’s important that their financial knowledge or money management skills are in place so that they know how to manage their expenses. We give you 5 practical money tips:-

  1. Opportunities out there

One of the most common complaints I have heard from youngsters is that nobody wants to hire a young person who is still studying. Well, that’s not true! There are many companies who offer internships like Microsoft, Tejora technologies, Clover Infotech, etc. If not internships then you can start working online by taking up online jobs like a virtual assistant, writing, drawing, etc from websites like people per hour, freelancer or upwork etc.

  1. Understand Investment Options

Now since you know how you can earn your monthly expenses on your own it’s time you start investing, before that it is important to understand the terminology that is used for various finance functions. Also, get a basic amount of knowledge that how each finance instrument works. Here is a small chart to explain you various investment options:-

Investment Options for teenagers

Slonkit gives a basic amount of knowledge that how each finance instrument works

  1. Why You Should Invest

As a teenager, this is the right time for you to start investing. When you start investing early by the time you cross your 30s or 40s you will have enough investments and savings. These financial instruments give bonus and interest quarterly, yearly or as per your investment option. You should make sure that the option that you choose will give you at least three-fold or at least two-fold at the end. This amount will be enough for you to start your own venture or buy your own home. You will save enough that by the time you retire you will have your savings and income sorted. For examples, you may invest into LIC Money Back Plan, this plan gives you 125% the returns at the end of your investment of 15 years. So, if you start investing when you are 20, by the time you are 35, you will have a huge sum of money at your disposal. Similarly, you may use various schemes like fixed deposits, bonds, post office schemes, etc. Below is a table giving you details about these investment options:-

Sr No. Best Investment Options & Plans Type Of Investment Option Comments
1 Fixed Deposits Low-Risk Investment Option Consider Credit Profile, Interest Rate & Interest Payout Frequency
2 Post Office Schemes Long Term Investment Option NSC, PPF, KVP, POTD, etc.
3 Endowment Plans Low Risk Investment Option (Assured Payout)
4 Data Safe Investment Option (Similar to FDs) Bonds are analysed in the same manner as FDs
5 Bond Funds High-Risk Investment Option (as compared to Bonds) Corporate bonds, government securities, money market instruments
Source:-http://www.hdfclife.com/insurance-knowledge-centre/tax-saving-insurance/safe-investment-options-in-india-for-2015/

Abbreviations :-

  1. NSC (National Saving Certificate)
  2. PPF (Public Provident Fund)
  3. POMIS (Post office monthly income scheme)
  4. POTD (Post-office time deposit)
  5. KVP (Kisan Vikas Patra)

Now since you know the basics of finance management and investments its time you plan your future and decide your financial investment options. It’s the digital era, where every information you seek is at the tips of your fingers and is available online. Utilise the resources to your best abilities for a brighter future. if you have any query you can always write back to us.

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4 ways to help your teenaged children to manage money with Slonkit

Money Management for Teenagers

Money Management for Teenagers

Shaping a child’s financial behaviour and attitude towards money depends on their parents. Most teenagers look up to their mom and dad as an example when it comes to managing finances. Hence, as a parent, it is important to set great standards and teach prudent money management to teenaged children. We would like to share a few tips as they might be of help:-

  1. Share responsibilities

Share your responsibilities with your child. You can assign at least 1 household chore to your child, for example, she/he could be required to bring milk and eggs every day for everyone. If you link small monetary incentives with it, teenagers will understand the value of earning their pocket money as against just demanding it. If there could be a nice user interface like a mobile app that can show them what they have earned and how well they have managed their expenses, it would give teenagers some of the finest lessons in money management. Slonkit, India’s first money management app linked to a mobile app, available on Android and iOS is an ideal avenue to initiate your teenaged children into the essential life skill – money management.

  1. Create a budget

Assign a monthly budget to your child to help them to manage their finances for that month. For example, if you set a budget for your child to manage travel and project expenses within a budget of 500/- every month, it would get them to think, plan and save as well as learn the art of money management. Using the Create Budget feature, you can accomplish this for your children in 5 minutes.

  1. Empower with guide rails

Give your child a monthly allowance all at once. But what if she/he spends the entire money in a day or in one transaction? It is here that you can leverage technology to empower with guiderails. Using Slonkit, you can give the monthly pocket money and set limits per transaction, per day etc. This will ensure that your child doesn’t spend excess money in a day while also having the freedom to take their money decisions independently.

  1. Be virtually there and help your child go cashless

Cash in hand is always a dangerous proposition. Your teenager can be empowered with a Slonkit card and a Slonkit mobile app, which can be used all over India at merchant outlets which accept VISA cards. The card can be used online as well.

Imagine your teenager is stranded with no cash in hand. Slonkit can enable you to transfer money on to your child’s Slonkit card in one-click through your mobile phone. Thus, you can virtually be there with your child and help her/him in an emergency.

  1. Create a “Save” meter

With Slonkit, you would get precise insights into what your child has spent and what she/ he has saved. By creating a “save” meter, you would be able to help them to appreciate the value of savings and lay the foundation for a secure financial future for them.

Get your child a Slonkit card. It takes a mobile phone, internet and 5 minutes of your time. You do not need to visit a bank, submit documents, or give identity proofs. Just download the app, register yourself and your child, and order a Slonkit card – all from the comfort of your own house.

What’s more, even the card will get delivered to you at your doorstep.

Get Slonkit for your children today. Teach them the most important life skill that is never taught to them otherwise.

 

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How not to be young and broke – 7 steps to easy savings!

How not to be young and broke – 7 steps to easy savings!

Young and broke, these words often find themselves in each other’s company. So much, so often, that they are on the verge of being synonymous.

Being young is often about being broke, struggling to meet expenses, surviving the month, Maggi for breakfast, lunch and dinner, and always on the hunt for deals and discounts that could help you save a few precious bucks.

We know how important pocket money is and to help you make it last longer, here are a few interesting money hacks:

  1. Knowledge is gold!

When you know your expenses for the month right at the start, it will help you plan your expenses better.

  1. Kill the bills!

Get rid of your fixed monthly expenses by 5th of every month – mobile bills, internet bills, train/bus pass, etc.

  1. Set a target!

Target a minimum amount to be saved every month. Save it, and then spend the rest. Not the other way around.

  1. Don’t touch your savings!

Your savings are not for those extravagant headphones or other gadgets. Plan and spend for non-essential things from surplus, not from savings.

  1. Start saving today for future expenses

You have been closely following the next super cool smartphone to be launched next season. When you wish to buy it, then why not start saving for it today?

  1. Be a deal hunter

The best way to save on purchases is to know when to buy and from where?
Check out multiple shopping platforms, options and substitutes to get the best price.

  1. Have ‘Surprise’ money

Make use of your apps and the smartphone you bought. Keep some spare funds in all your digital wallets. They will come in handy when these wallets have offers and also serve as an additional boost when you have no cash. Surpirse yourself with these extra funds.

So, what we are saying is, being broke is a part of life. But, you can be a super-saver and be as cool as a superhero.