THE KA-CHING FACTOR
Financial experts across the world agree that women are naturally blessed with traits that instinctively make them better financial planners than men. While some of us may be on top of our investments already, others may still be grappling with basics. Let us look at some savings schemes and tools, identify future financial goals and plan how to achieve them.
According to Magesh B, Deputy Vice President, IIFL – PReMIA (Priority Relationship Management & Investment Advisory), “Instead of investing, women prefer to keep liquid cash as an emergency fund. That is not a bad idea, but it may not take as much as you think to start investing. A regular payment of ₹ 5,000 a month is enough to get you started. Investing on a monthly basis, rather than putting in a lump sum, helps you spread your risk. When the
