Why does every woman need to be financially independent?

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 Why does every woman need to be financially independent?
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Highlights

  • Despite the commendable work women do, they are often underestimated. One of the reasons is financial dependence.
  • Being financially independent implies that a woman owns her finances, she makes her own long- and short-term financial goals.
  • Thus, rise above, get employed in organised sectors, if you are not already, and become a role model for thousands of girls of today and tomorrow.

In the present modern world, women stand shoulder to shoulder with men. However, our society is deep rooted in patriarchy. Despite the commendable work women do, they are often underestimated. And one of the reasons is financial dependence.

So, what is it like being financially independent?

Being financially independent implies that a woman owns her finances, she makes her own long- and short-term financial goals. Precisely, she is her own master and doesn't need to rely on other people for managing her finances.

ALSO READ: Planning to invest? Here are few tips for women investors

Independent women are happy women!

Image source: Pixabay

It is highly imperative for every woman to be financially independent, following are the reasons for why it is so-

  • Self-esteem boost: For starters, being financially independent boosts one’s self esteem. At the end of the month, you are paid a cheque, it acknowledges your hard work and motivates you. In the present world, everything is measured in terms of money, and so is human effort. Thus, never let go of your efforts and always know your worth.
  • Stability and assurance: Being financially independent also implies that one would be financially stable in the long term. If a woman depends upon her father or her husband, she is basically the secondary owner of the money. Thus, to always keep yourself safe in the long term, you need to be financially independent, so that you own your money.
  • Financial freedom: With financial independence comes financial freedom. A woman is free to make her life decisions, her spending and saving decisions. One doesn’t need to ask others on how, why, and where to spend when one is financially independent.

Women at work

Image source: Pixabay

  • Role model for others: Millions of women are still not doing paid work. But, when one starts working professionally, she sets an example for others and for the future generations. Being financially independent is not helpful for oneself but for society as well. The society needs more financially independent women for better equality and equity.
  • Lesser gender bias: Many times, women are treated with less worth, oftentimes it is because they are indulged in household chores. Gender bias is seen almost everywhere, be it sexism or hardcore bias. Thus, women need to be financially independent, take charge of their lives and voice up against any kind of prejudice and bias.

GOOD READ: Meet 2021’s richest women in the world

Bottom line

Women worldwide have faced gender-based discrimination for ages. And financial independency is one of the reasons leading to the discrimination. Thus, rise above, get employed in organised sectors, if you are not already, and become a role model for thousands of girls of today and tomorrow.

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