professionals, businessmen, housewives, factory workers, farmers, social workers, musicians, students, or priests.

Some spend huge amounts of money to earn degrees from prestigious educational institutions or universities while others do it to attain proficiency in music or acquire skills. But the sad thing is that they don't make any effort to understand the very basics when it comes to managing their own money.

The pressure and crisis due to mismanaged investments drive thousands of people around the world to end their lives. Indians are no exception. There are real-life stories of people ending their lives because they had lost heavily in the stock market. The media is full of reports about people who are victims of financial frauds that promise that an easy road to riches and losing every single rupee they had earned.

People in the state of Kerala where the literacy rate is highest in India spends Rs 40 crores or more a day on lottery tickets. It is said that Illegal lottery tickets in India account for almost 60 percent of the Rs 13,000 crore or around Rs 7,200 crore out every year. The entire society that also includes doctors, lawyers, engineers, businessmen, farmers, stock market investors, Government officials, HR consultants, housewives, and students are involved in this.

Lottery tickets are only an example which at-least gives you a chance to win. Then some people involve in money chains. Here the money that is made by participants who entered the scheme early, is the money lost by those joining later. Although we hear about many such schemes where people have lost their wealth, people continue to get cheated by such fraudulent operators.

This happens due to a Lack of Financial literacy and Greed.