Why women need their own money goals
1 min read . Updated: 05 Mar 2020, 10:25 AM IST
PremiumSome tips on how to be financially prepared so that milestones are joyous, and setbacks less taxing
There are many battles that women fight every day. While many remain to be won, some are conquered with such aplomb that it inspires others to step up and follow suit. The numbers are still stacked against them, but it’s not uncommon to find women focussing on their careers and holding out on their own. But women who are on top of money management are still rare.
Major life events like marriage or having a baby can impact a woman’s life much more than that of her male counterpart. So having a grip on personal finances needs to be the top priority for every woman. Women are already good at saving, so it should be a short journey to investing it well. It doesn’t matter if you are single or married, working or a homemaker—the transition from a saver to an investor needs to happen.
With International Women’s Day around the corner, Mint’s personal finance team spoke to women who are at different junctures of their lives to bring together some tips on how to be financially prepared so that milestones are joyous, and setbacks less taxing.
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