Why financial planning for women is crucial3 min read . Updated: 01 Aug 2022, 06:25 AM IST
- Women need a bigger financial reservoir to ensure security in their old age
Financial planning and investment activities have long been considered the domain of men, with a majority of the women depending on either their parents or husbands to manage finances. This is despite the number of women who contribute to household finances having increased manifold in the last decade. Also, women face specific challenges when it comes to financial planning . There is a need to address these challenges so that they can lead a stress-free financially independent life.