Women & Investing: 3 Reasons Why Women Should Invest More & Early

Women constitute 50% of the population but their contribution to investment is much lesser. Women are the best savers and financial management but their investing strategy is limited.

The 3 Reasons why women should invest are given below:

1. Lower Pay: Women are getting paid 20% lesser than Men in the same position and skill. Hence Investing is the bet they have to take to leverage this discrimination.

2. Shorter Career span: Due to various reasons like maternity and family responsibilities Women are taking a break in their career or retiring early. They have to invest in their prime time.

3. Longer life span: Women have a longer life span than Men. This makes them vulnerable to financial dependency in their retirement age.

These three reasons push women to invest more and early and they have to diversify their investment from the conventional investment tool of Gold, FD and Savings Account.

Women saving for themselves and for their family is well accounted for and recognised. In a survey conducted by investment platform Scriptbox, 58% of women prefer to park their money in either fixed deposits, public provident funds, or just letting it lie in their savings account.

Indian Women hold 11% of the entire Gold. Gold is a Crisis hedge where we can get an easy loan and it is saved for the women’s marriages and other personal functions.

There are many lucrative opportunities for Investments besides Gold. For example, only around 13% of women hold agricultural lands and women are very well denied property rights.

Women should come forward to invest in other investment options like mutual funds and sharemarket for their life to be in amazing colour even after retirement.