Women and Investing
Indian women score second lowest on the financial literacy ranking of G20 countries, as per a report by Global Financial Literacy Excellence Centre.
Let’s Break the Traditional Roles in Investing.
Let’s Take Charge.
While personal finance is important for both genders, it is more important for women as:
- Women earn lesser. An International Labour Organisation report says women in India are paid 34% less than men
- Women Live longer than men and spend more on healthcare
- Take career breaks due to childcare and family
- To stay financially Independent during your career break and even after you retire
- To deal with an uncertainty such as loss of job, sudden death of spouse
- To Manage Family Inheritance
- With growing divorce rates, women need to take charge of their finances
Tanya Dere in conversation with RJ Hrishi K on Radio One 94.3 FM from 29th April - 4th May 2019 on " She Economics : The Art & Science of Financial Planning"
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Financial Education & Basics of Investing for Women at Cimpress on Women's Day - March 2019
Research has shown that families, institutions and societies where women are financially independent are happier, healthier and more peaceful than those where women are dependent. When a woman takes charge of her financial well-being, a whole new world of possibilities and choices opens up for her and her family.
Even in this day and age many educated women leave decision making regarding their finances to the men in their family. Let’s make financial well-being a priority along with other priorities such as our career, family, health.
Women can change the financial fortunes for her family
Women are disciplined
Women are good at budgeting as a result of managing the household finances. Hence the foundation of being disciplined investors is already strong in women
Saving for a rainy day
As a nurturer , women are naturally inclined towards savings and ensure that money is set aside to meet emergencies and protect the family
Vision for long-investment horizon
She focusses on long-term investments for goals such as child's education, children marriage, retirement etc
Accepting advice
She tends to ask for advice while investing. She is more receptive when seeking help from advisors
Keeps calm on the rollercoaster ride
Women don’t like speculation , they tend to be more patient with their investments