Vaasu Challa is changing the way you manage your money - Hindustan Times

Vaasu Challa is changing the way you manage your money

Oct 21, 2020 05:03 PM IST

Vaasu Challa with his expertise is cutting such clutter and helping people with tested financial management tips.

The Covid-19 pandemic has put the spotlight on health and wealth. The world is amid unprecedented disruptions, leaving the people worried about their health and wealth. The prolonged disruptions also put much attention to the value of money. Preserving wealth is as challenging as earning it, and the people must know ways to protect their hard-earned money.

Vaasu Challa is widely known as a financial wizard, knowing the pulse of the world of finances. He’s embarked on a mission to make people aware of the basic do’s and don’ts of finances. Right decisions can preserve the hard-earned money for unforeseen needs. With his venture “Happycoin”, Challa is reaching out to the middle-income groups to sensitize them about various aspects of financial matters.

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The world is full of rags to riches stories. There are also a good number of stories about the rich becoming poor after they commit financial mistakes. So, the rich as well as the aspirational middle class must be well aware of the basic understanding of the decision making ways of the finances. They must know the path to financial security, says Challa.

Also, people after earning wealth may not know the right ways to spend the money. Adding to the woes are the fraudsters who have mushroomed all around the world, lurking in the digital space, to steal the hard-earned money of the people. They are all over the place. Incidents of the people getting trapped by network marketing and Ponzi schemes are innumerable. So, Challa cautions that financial literacy must not be ignored by the people.

On a daily basis, we come across 100s of YouTube channels, newspapers, blogs, articles, etc. which claim to offer knowledge on money matters and financial management. But on close scrutiny they fail the test of real life, as hardly any of them prove their tall claims when their suggestions are put to practice. Most importantly public opinions cannot be considered for personal investments but while analyzing many middle class taking opinions of them and losing money.

Vaasu Challa with his expertise is cutting such clutter and helping people with tested financial management tips. Whenever a financial decision is taken by an individual such as buying a house, a car, or an insurance policy, they face a lot of difficulties, besides lacking confidence. They blindly trust other people to commit to the financial investments suggested to them. Such impulsive decisions create problems for them in the future when they face loss. Happycoin cuts downs the chance of such scenarios by guiding them with personalised attention.

Happy Coin’s mission is to transform one lakh middle-class families into rich with the help of the right financial education along with opportunities for the right investment. COIN in “Happy coin” is an acronym, for CUSTOMERS, ORGANISATION, INVESTORS, and NATION. Vaasu believes in making the pockets of the people fatter by various money management strategies that he executes through online mediums.

The team of Happy Coins has already served more tha 10,000 customers, while the network is only expanding. Explaining the love for solving the problems, he says that he selected “Money Management” as 90 percent of daily issues occur in the context of money.

Vaasu explains that the first hurdle for the people to address is the impulsive decision for investments taken blindly without setting any goal. They invest in real estate, mutual funds, stocks, fixed deposits, post office schemes, etc. without setting goals. Before going for any kind of investment, two steps must be followed “Goal Setting” and “Planning”, says Challa.

Many advisors can’t be trusted nowadays as many of them have started to deceive people by convincing them to buy financial products which may not be suited to the needs of the client. Such products just benefit the advisor rather than the customer; they make a high commission. But Happy Coin has fire-walled the customers from those who fleece customers to earn high commissions. Challa ensures that his customers are well acquainted with ways to set a financial goal, choosing the best financial products, and financial planning for future.

The eligibility to become the customer of Happy Coin is that the customer must be from a middle-class. Also, the customers must be at ease with online transactions, videos, and online meetings.

“Primarily, the problem of the customer is understood properly by his team and then the best solution is offered,” says Challa.

Happy coin have special short programs for retired people of age 45, good CIBIL score, for women, kids & teen (7-20 years), software engineers, doctors, business people, organizations and even charitable trusts.

Vaasu Challa, the CEO and founder of “Happycoin”, launched the company in 2017, with clear vision to uplift one lakh middle-class families from financial woes. He is an ex-financial planner, business coach, political consultant, and an author of two best-selling books. Vaasu and his team are looking forward to serving more clients and bringing improvement in their lives by sharing knowledge on money management. Kudos to Vaasu Challa and his team!

Disclaimer: This is a company press release. No HT journalist was involved in the creation of this content.

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