Key Points
Whether you're single, married, or divorced, navigating these challenges can be tough...
For instance, women may choose to prioritize their children's education over their retirement savings, which can lead to financial stress in the future..
This disparity can significantly impact women's personal finances, making it harder for them to save and invest for their future, and notably make strategic financial planning even more crucial..
Additionally, a lack of financial knowledge and societal norms can sometimes discourage women from taking charge of their finances..
Here's how to get started:. 1. Diversify your portfolio: Invest in a mix of assets like mutual funds, fixed deposits, and government schemes like PPF and NPS, as per your risk profile and financial goals..
