SheLeads: Financial Independence More Vital Than 'Settling Down'

Women are often encouraged to "settle down" (get married) after completing their education and getting jobs. This often comes at the cost of their financial independence. Franklin Templeton Investments (India) launched "Invest for Progress", a campaign encouraging women about the importance of being financially independent before "settling down".

At SheLeadsIndia, we asked a bunch of successful women how they perceive settling down, why it must be redefined to suit the modern scenario and why it is pivotal for women to be financially independent.

"For me, settling down means settling with your own self," says Ihitashri Shandilya. She asserts that financial independence is important for every woman.

Also: Financial independence is key to women empowerment says Prerana Langa

Priyanka Raina, Gracia Raina Foundation, says that settling down means settling for your own happiness and journey.

Geetanjli Sachwani, AVP Marketing, Franklin Templeton Investments, says that settling down must give women the wisdom and understanding to look forward to financial progress and invest for that progress.

Also: Financial exclusion: 62% of women with bank accounts don’t have access to them

Settle Ho Jao should be about settling financially, let’s put the spotlight on how women need to have equal pay packages says @unwomenindia @satyamnishtha #sheleadsindia pic.twitter.com/P4JbLzIvYh

— SheThePeople (@SheThePeopleTV) March 7, 2018

Also: Every woman needs a fuck off fund for her financial safety says Kiran Manral

"For me, settling down means settling with your own self" -  Ihitashri Shandilya 

Importance of financial independence

Priyanka Raina says that women are often not capable of managing finances independently. Financial independence lets you make decisions about your life and become happy about it. It is important for us to take our own financial decisions.

Also: If You Have Your Own Moolah, You Set Your Rules: Nalini Misra Tyabji

Also: Importance of Financial Independence for Women

Financial abuse makes women dependent on their male counterparts for money, and its usage even when they are earning it themselves...@_PriyankaCRaina #SheLeadsIndia @SheThePeopleTV @unwomenindia @FICCIFLO @shailichopra #PressforProgress @SarikaBhattacharya @SatyamNishtha pic.twitter.com/HwFEIgk2Lp

— Roshni Baronia (@RoshniBaronia) March 7, 2018

It feels so special to be in a room full of women says @_PriyankaCRaina - she adds we shouldn’t be financially dependent and it’s important for us to be table to take our own financial decisions #sheleadsindia pic.twitter.com/jUMlX7D4aM

— SheThePeople (@SheThePeopleTV) March 7, 2018

Nishtha Satyam of UN Women says that access to finance helps you invest more and do more for your children. It also makes independent consumption possible for you.

Also: A Room Of Her Own: Why Financial Independence Is Important For Women

Also: 8 Ways to be Financially Smart by Avanne Dubash