Women are often advised to let the men in their lives make money-related decisions. Even those who are financially independent, leave the decisions on how much to spend, save, and invest, credits to fathers, husbands or their brothers. But now, it’s high time that women took control of their hard-earned money and normalised the conversation around the same. If we have the potential to earn, then why is it that we think of ourselves to be incapable of deciding how the money is managed? When it comes to savings, investment strategies and insurance plans, why does women’s self-confidence fail them? Actor Vidya Balan recently spoke on why women should be getting involved in money-related decisions more and the significance of health insurance for them. Watch the video or read below.
Trust me with the money I’m earning
Even if there are men who are doing a little bit of housework or taking care of the kid. It’s not equal yet. Whereas women are going out there and doing an equal amount of work.
Vidya revealed that before she got married her father had been managing her finances. After tying the knot with producer Siddharth Roy Kapoor, her father suggested that a meeting is arranged between her husband and the financial consultant and that took her by surprise. “I said, ask me. Please trust me with the money I’m earning,” further telling her father, “So far one man has been handling it, now another man will handle it, and I have no role to play.” And he got the point.
It’s not equal yet
Women are not being defined just in terms of the roles they play, today they are being defined as individuals and that’s a big change, said Vidya. “Even if there are men who are doing a little bit of housework or taking care of the kid. It’s not equal yet. Whereas women are going out there and doing an equal amount of work. So the pressure on women is that much more,” said Vidya, about the gender roles in our society and how there is a need to bridge the gap in the division of labour both in and outside of households.
Don’t put yourself in a vulnerable position
You do it, and push your family to do it. So, in times of need, that doesn’t add to the stress. – Vidya Balan on why women need health insurance.
Balan also talked about how the attitude to investing in health insurance still remains conservative in general, “People feel that if there is a need, like a medical emergency, there are savings or they can borrow.” According to her, there is a lack of awareness about insurance per se and then if that decision is being taken, the man of the house is the one who does so. “A woman actually decides everything about the family and then there is this last leg that she does not go through. So, I just think that it (making financial/insurance-related decisions) is in a way empowering the woman also, saying- don’t put yourself in a vulnerable position,” said she.
Read Also: What Women Want From Their Health Insurance
Calling health insurance reassuring, Vidya encouraged women to go that extra mile, saying, “You do it, and push your family to do it. So, in times of need, that doesn’t add to the stress.”
According to her always having money for your health is very crucial. “When you know that that is taken care of, I think then everything else falls into place,” further adding, “It’s your life, it’s your family’s life, it’s your family’s security.”