Power move to empower women and their wallets. Women and financial independence have been a priority at Women’s Startup. Womoneysta defines a new era woman who is independent and has the power to make her own rules for earning. Smart work, smart investment are the main keys to focus on if you want to earn generational wealth. We at womoneysta teach you from zero and take you till hero, ensuring that you are the best investor in your field. The main aim of the organization is to provide women and financial independence, a great importance in the world. Women who want to become their own leaders and have financial freedom must know the importance of investment.
Why Is Financial Independence Important For Women?
Women and Financial Independence is not just about earning money but also about creating the freedom to spend and make your own choices. Many may start by leaving an unfulfilling job and start by taking a risk to start a business and more. History represents that independent women are still suppressed in society by their value and facilities. The gender gap has reduced in these years, but it still has not vanished, and it will take a long time to equalize the value. Financial independence has become very necessary for the ladies out there to ensure a safe and secure future.
Fix Your Finances With Womoneysta In 5 Days For Women And Financial
Independence
Many women want to take charge of their money but fail to manage it due to the time. Let’s start with a simple money system that will help you boost your money confidence
Budgeting For The First Day
Let’s start to fix your finances on the first day with budgeting. You need to write all your expenses catagoriwise, to know the unnecessary expenses. You can start budgeting in a diary, an Excel sheet, or the womoneystas Simple Budget Tracker.
Insurance Analysis on The Second Day
On the second day, well suggest you create a physical or digital folder for your insurance. Be it life insurance or health insurance, you should check how much benefit of over you are getting. Also, you should keep a track of the following details
- Premium Amount
- Policy Term
- Premium Paying term
- Nominee
Money Goals On 3rd Day
Every independent woman should have some life goals, which include things and positions you wants to achieve. Womoneysta has a special vision board toolkit that will help you get started with vision boarding.
Investment Review On The 4th Day
If you are an investor, this might be a great day for you to review your investments.
Safe Investment – FD, PPF
Gold Investment – Gold jewelry, Coin, ETF
Equity Investment – Stock and mutual fund investment
Real estate – Own Property, or Commercial property
You should review what amount you are investing, where you are investing, and what the returns are. This will help you to know the mistakes you are making in your investment, and you can improve them.
Nominations On the 5th Day
Now, when you have managed your expenses, salary, investment, life goals, and insurance. Now, on the last day, you should sit and just check the nominees you have selected in your insurance and bank account. Make sure that the nominees are your family members whom you can trust after you.
Conclusion
Women and financial independence are given the first priority at womoneysta and ensuring that they know their worth and value. It’s a revolution, not just a trend, If you take control of your mind and money, you can achieve anything. The journey is not just about having a secure future, but also about building generational wealth.