Adorning A Room Of One's Own
Outlook Money|March 2020
How ably single women are manging their hard-earned money?
Adorning A Room Of One's Own

Celebrated British writer Virgina Woolf in one of her works A Room Of One’s Own mentions the importance of a woman having financial independence if she wants to ‘write fiction.’ Drawing upon the statement, it can be said that a woman’s economic empowerment is highly essential—whether she wants to ‘write’ or become an ‘entrepreneur.”

Times are changing. So are societal norms.

By Sampurna Majumder However, imprints of deep-rooted cultural mores are extremely difficult to uproot at one go. Despite facing stiff competition from feminist circles, long-standing patriarchal mores continue to hold sway till date in almost every aspect. Needless to say, women’s financial independence would be any exception, more so, if you happen to be single!

Whether it’s about starting off on your own as a financial advisor or simply experiencing the sheer joy of first employment – for single women the journey of managing finances is somewhat rugged.

Take for example, Sujata Mehta, 37, who has now been working as a financial advisor for 10 years, had to traverse through choppy waters before establishing herself. From acquiring individual clients to convincing asset management companies about her ability to time capital markets—she had lot of challenges to overcome during the initial years. “Many times, it so happened that even after an hourlong meeting, clients would still be somewhat doubtful, just because I was a woman,” recalls Mehta. But, her never-give-up attitude paid off and today her clientele base has increased manifold. However, interestingly, Mehta points out that her female clients still continue to be less in number.

Diese Geschichte stammt aus der March 2020-Ausgabe von Outlook Money.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der March 2020-Ausgabe von Outlook Money.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS OUTLOOK MONEYAlle anzeigen
Tax Reforms: What's In Store?
Outlook Money

Tax Reforms: What's In Store?

The government is working on reforming the existing Income-tax Act, 1961. The impending reforms have raised many questions in the minds of taxpayers. Will the old regime and deductions be done away with? Will it really simplify your life? What's the need for these reforms? We try to answer these and other questions regarding tax reforms

time-read
10+ Minuten  |
October 2024
5 Questions That Will Lead You To The Right Financial Planner
Outlook Money

5 Questions That Will Lead You To The Right Financial Planner

Choosing a financial planner is not as easy as it may seem. Besides the right credentials, you should also consider things like the kind of services you will be needing-tax advisory, estate planning-as well as the fee structure. Here are five questions that will help you choose the right planner

time-read
6 Minuten  |
October 2024
Health Insurance Sub-Limits
Outlook Money

Health Insurance Sub-Limits

Sub-limits in health insurance are restrictions placed by the insurance company on the SP maximum amount they will pay for specific expenses that are part of the total hospital bill.

time-read
2 Minuten  |
October 2024
Delayed Gratification, Humility, Understanding Inflation And Risks Key To Financial Success
Outlook Money

Delayed Gratification, Humility, Understanding Inflation And Risks Key To Financial Success

The journey to financial success is continuous, requiring patience, education, and disciplined decision-making.

time-read
2 Minuten  |
October 2024
Avoiding Common Pitfalls through Asset Allocation and Multi-Asset Investing
Outlook Money

Avoiding Common Pitfalls through Asset Allocation and Multi-Asset Investing

Just as you track the calories and nutrients for a well-balanced diet, you need a balanced portfolio that has multiple assets to balance the risks and returns.

time-read
2 Minuten  |
October 2024
Mutual Funds for Financial Growth
Outlook Money

Mutual Funds for Financial Growth

Mutual funds allow you to invest in small amounts and seize the compounding growth, and experts help tackle volatility and asset allocation, making them a potent tool to create wealth.

time-read
2 Minuten  |
October 2024
Multi-Asset Investing is The Financial Equivalent of A Well-Balanced Diet
Outlook Money

Multi-Asset Investing is The Financial Equivalent of A Well-Balanced Diet

Just as you track the calories and nutrients for a well-balanced diet, you need a balanced portfolio that has multiple assets to balance the risks and returns.

time-read
2 Minuten  |
October 2024
Theme and Triumph: How Thematic Funds Can Boost Your Bottom Line
Outlook Money

Theme and Triumph: How Thematic Funds Can Boost Your Bottom Line

Thematic funds target high-growth opportunities in various industries and economic sectors, allowing investors to participate in future-focused segments to generate long-term returns.

time-read
2 Minuten  |
October 2024
Wealth Creation Through SIP - The Slow & Steady Road to Success
Outlook Money

Wealth Creation Through SIP - The Slow & Steady Road to Success

For investors seeking to create long-term wealth, SIPS are a powerful tool that enables regular, disciplined investments to generate compounding returns.

time-read
2 Minuten  |
October 2024
Tuition Fee Varies Among Countries
Outlook Money

Tuition Fee Varies Among Countries

I am 22 years old and have recently started working in a software company.

time-read
2 Minuten  |
October 2024