A woman’s guide to securing her financial future
For the longest time, “It’s a man’s world” was the motto by which society functioned. But once things began to change, this motto lost its value and as things stand today, more and more women are enjoying economic prosperity. A prime example of this has been an increase in the ratio of women entering the workforce over the past two decades.
Anjali Shah is a corporate executive in her early 30’s. While she handles the day to day expenses of her family with relative ease, she has never even given a thought to managing her own money in a better manner. Thus, despite being well educated, she has barely any idea about the insurance, investment and taxation details for her family’s money. Prior to her marriage, it was her father who looked after these details and post it, it was up to her chartered accountant husband to do the needful. The result of this was her being clueless about any of her investments, personal or joint. More importantly, she was highly uninformed about her family’s liabilities.