Woman and Her Financial Freedom

Today, women are freely joining the workforce, choosing their own career options, living a life they want. But ironically, taking a financial decision or investing decision is still not her area of expertise or interest.

- Jyotsna Joshi

For them, this hesitation to talk about money extends beyond family and friends.

But there are 33% of women who are now breaking this shell of ignorance. They are independent women who are also making wise financial choices to plan their lives. Celebrating women’s day is not enough, it is more important to celebrate her financial freedom too.

The simplest basic reason for women to start investing is that she earns less, live longer than men

Few Investment options for women are :

Mutual fund is certainly an effective tax-saving option today. One may choose between a monthly, quarterly or any other interval period. This investment platform allows the investor to participate in the stock market without having to keep an eye on when the prices are favourable or otherwise. It is easy to start and is not too heavy on your pockets as you can start with a small amount. It helps create a corpus out of small monthly investments for the investor. With ELSS, one can get an exemption of Rs.1.5 lakh a year under section 80C of the Income Tax Act.