Mutual funds have a significant impact on empowering women financially and establishing a stable financial future, says Priyanka Wadhwa, Co-Owner, Kapila Krishi Udyog. In an interview with MintGenie, Wadhwa said that a disciplined approach can be a game-changer, helping us women steadily grow wealth regardless of market fluctuations and actively work towards achieving their financial goals. Financial literacy is an incredibly empowering tool for women, allowing them to break free from financial dependence and take charge of their futures.
Personally, grasping fundamental concepts such as assets, liabilities, and passive income, has allowed me to shift from traditional roles of being an employee or self-employed to exploring opportunities as an investor or entrepreneur. This transition has diversified my income sources and cultivated a mindset focused on creating wealth and ensuring long-term financial stability. Today, I feel more confident in navigating investment prospects, making well-informed decisions, and strategically managing debt to avoid getting caught in a cycle of financial instability.
To attract a higher number of female investors in equities, our focus should be on education and accessibility. I am particularly inspired by Monika Halan, a renowned name in personal finance in India, who emphasizes the significance of tailored financial education in her book “Let’s Talk Money". This type of education aims to make investing less daunting and highlights its long-term advantages.
Read more on livemint.com