How is financial planning relevant for women in todays society?
Financial planning is more important for women. It is often seen that in men and women of similar qualifications, the woman tends to earn lesser. The working female often ends up taking breaks in her jobs due to family circumstances, birth of a child, etc. Statistics also show that women tend to outlive men, and since she earns lesser, she should save more of her money. One of the reasons she will need to save more and go in for financial planning is to fund her career break. Say she has a steady flow of income while working,…
