Regular Income For Housewives

Investment strategy, that we are going to discuss, can be a dream come true for many of the husbands, who are scared to face their wife for discussion around household budgets every month.

- Anjaneya Gautam – National Head - Mutual Funds, Bajaj Capital

Of course, above statement was on a lighter note and without any prejudice. But, there is a serious underlying message in this statement. Now financial products are not just perceived as “return generation” vehicles, rather they are fast transforming themselves into “solutions”. One such “problem statement” or “need” is keeping a check on monthly household budgets. Traditionally, women are known to be better household money managers. There is always a contingency reserve available to them. Just imagine, if they get fixed income every month in the bank account, despite not being employed with a salary! It is possible by following a simple approach of Systematic Withdrawal Plan (SWP).