Shop Too Much | Can We Stop Downplaying Women’s Financial Choices?
Haven’t we internalised the stereotype that men always spend carefully and on ‘valuable’ products while women waste their money on useless expenditure?
Haven’t we internalised the stereotype that men always spend carefully and on ‘valuable’ products while women waste their money on useless expenditure?
When we tell a woman what she could do with her money, we are establishing the narrative that even though she can earn the money, she needs a second person to coin for advice. But should it be this way?
The gist is men make money while women (implicitly) manage it, and yet, the irony is women are either ignorant or dominating when it comes to managing finances!
Recent evidence suggests that the percentage of female fund managers has not improved over the past two decades.
Until the world gets rid of its sexism, we have to survive here on our own without compromising with our basic needs. So yes it matters how much money women make.
At Udaipur: What strikes me particularly is how each one woman I met has an equally strong but different insight on the subject, born of their own experience as well as that of their communities.
When things are going well, one tends to forget about financial basics like saving for the rainy day or keeping EMIs low.
What is the output predictability in the coming times? How can women strive by taking charge of money matters? Which sectors would be the most affected? What changes would the global investment scenario undergo?
I won’t be lying when I say that holding a checkbook in my hand was one of the most empowering moments and I felt a sense of independence. Being aware of money-related matters uplifts you in ways you can’t imagine.
The session was moderated by the founder Shaili Chopra and Milee Aishwarya, Neha Kare, Sonu Bhasin and Anita Raj joined us to talk about women and financial fitness.