International Women's Day 2024: How can women ensure long-term wealth generation?

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As International Women's Day approaches, it serves as a poignant reminder of the achievements, struggles, and resilience demonstrated by women globally. Despite the myriad responsibilities they shoulder, societal expectations and ingrained gender norms frequently push women to prioritise the needs of others over their own. This tendency to prioritise caregiving and homemaking roles often leads to neglecting personal health and financial matters. 

Addressing this disparity requires a paradigm shift wherein women are encouraged to prioritise self-care and financial planning. Empowering women to prioritise their health involves destigmatizing self-care practices, encouraging regular health check-ups and managing finances effectively.

This article delves into the seamless integration of how women, by acknowledging and addressing these challenges, can pave the way for a future where they confidently prioritise their health and finances, thereby ensuring their long-term wealth and well-being.

Taking charge of your health is not just an individual responsibility; it's an investment in your overall well-being and financial security. Studies by WHO and FICCI highlight the prevalence of lifestyle diseases and the financial benefits of early detection in India, specifically for women's health. For instance, early breast cancer detection can save up to ₹5 lakh. 

Additionally, embracing healthy eating habits can significantly reduce healthcare costs, as shown by a 2022 study by the Public Health Foundation of India. This focus on preventive healthcare not only empowers women to live healthier lives but also contributes to financial stability by avoiding potential financial burdens associated with unexpected health issues.

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