Managing household budgets is "finance". Women need to own and acknowledge what they have been doing all along. Money saved is money made after all. This article could have spoken about that a bit more about that instead of framing "investments" as the umbrella term for all of finance. It's not.
Thanks Harshini. This is Part 1 of an entire series and some of what you say will come up subsequently. Drawing confidence from the fact that “yes we can handle money wisely” is of course an important point. However, I do not agree that money saved in a dabba is the same as money compounded through a financial instrument. And women appreciating this difference is critical for their financial independence.
Managing household budgets is "finance". Women need to own and acknowledge what they have been doing all along. Money saved is money made after all. This article could have spoken about that a bit more about that instead of framing "investments" as the umbrella term for all of finance. It's not.
Thanks Harshini. This is Part 1 of an entire series and some of what you say will come up subsequently. Drawing confidence from the fact that “yes we can handle money wisely” is of course an important point. However, I do not agree that money saved in a dabba is the same as money compounded through a financial instrument. And women appreciating this difference is critical for their financial independence.
Understood! I look forward to Part 2.