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Stop Delaying. Start Investing

Femina

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February 2022

Hesitant about investing? Want to be braver? Yamini Sood, Senior Vice President, DSP Investment Managers, will convince you to start investing

- Yamini Sood

Stop Delaying. Start Investing

As Hillary Clinton famously said, If you teach a man to fish, he'll eat for a lifetime. But you teach a woman to fish and she'll feed the whole village. It accurately sums up why women must strive and take a step ahead towards financial education. We read every day about how women have broken the glass ceiling and ventured into unconventional careers that were traditionally dominated by men. A woman bus driver Prema Ramappa in Bengaluru, Shatbhi Basu known for her expertise in spirits heading a professional bartending institute in Mumbai, Harshini Kanhekar from Nagpur who is the first and only woman firefighter in our country, and many more. It is heartening to see women aspiring, believing and achieving.

However, as per a National Family Health Survey, 43 per cent of married women in the age group of 15 to 49 years were working in 2005, which declined to 31 per cent in 2015-16. And, if you were to further drill down to how many of these working women take their own investment decisions, the number shrinks dramatically.

When it comes to investing, most women depend on their fathers, spouses or even sons to help them, seldom taking control. Here are some common hesitations expressed by women, and why you need to move past them...

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