Research and statistics have proven that almost 66% of the American population is financially illiterate. To decrease the chances of economic distress in life, financial literacy is a skill that needs to be mastered. It allows one to be prepared for all sorts of financial hurdles. Since American life is heavily dependent on mortgages, credit cards, and insurances, attaining financial literacy is highly significant.
Arjun Dhingra is an advocate of financial literacy. Although he is a mortgage adviser and expert, and financial literacy is hardly talked about in his area of work, he believes that getting a mortgage is all about financial literacy. He says,
“Mostly everyone (as consumers) know to only ask “what is your rate,” and many lenders and service providers only know to offer “rates’ as the single driver of that conversation. That question or piece of information is not the one that will have the greatest impact on you or your family’s wealth. What will, is being asked (as a consumer) “what is the best mortgage STRATEGY for you and your family.”
And he believes that is only possible if the consumer is financially literate. Through his experience of 20 years in the market and self-acquired skills over the years, today he aims to develop financial literacy in his clients and help them make better financial decisions.
“My ambition is to help bridge wealth and income gaps in the communities I serve through Real Estate. I do this by preaching financial literacy and advising consumers so they can make more responsible decisions around mortgage debt. I also plan to grow a national team of advisors who share in this mission.”
Arjun also uses his social media platform to create a better understanding of financial literacy and mortgage realities for his followers. He has a large following on Instagram where he teaches beneficial market strategies, sincere advice, and guidance, financial knowledge, and wealth creation. These are his focus areas while interacting with a partner or clients also. He has truly revolutionized the game in this space as it was traditionally focused on only sales and transactions. Today his work ethic compels him to give sincere advice and actual financial picture to his clients, and that is the main reason for his astounding levels of success across the West Coast.