SMART INVESTING FOR SMART WOMEN

Ensure your money works as hard as you do with these investment strategies for single ladies looking to build long-term wealth.

- Kalwyna Rathod

Financial independence for single women in India is more than just a goal to be achieved – it is a necessity. Which is why it is crucial to think beyond traditional savings and fixed deposits. While these methods have long been favoured, relying solely on them might not be enough to beat inflation and achieve long-term wealth creation.

Gurugram-based Mayank Bhatnagar, co-founder and COO – FinEdge, says, “Living life independently has its own benefits, but it also means that long-term financial security should be prioritised. Many singles defer investing for their long-term goals in favour of short-term gratification. One shouldn’t have to compromise or short change their current lifestyle, but a fine balance needs to be maintained between satisfying short-term needs and investing for the future.”

WHY FINANCIAL PLANNING IS CRUCIAL

Gurugram-based Nikhil Aggarwal, founder and group CEO – Grip Invest, adds, “Women often face unique financial challenges such as longer life expectancy, career breaks for personal commitments, and the need to juggle multiple responsibilities. This makes strategic financial planning even more critical. Investing in a mix of asset classes ensures that your money is not only growing but also accessible when you need it.”