Recently I came across this documentary by #paytm. This documentary is the biggest eye opener for all. It's about Financial Literacy among Men and women.
The story is so simple, in one hall men and women from different areas such as Business, Film Industry, Writers, House Makers family Businesses Owners gathered to be part of a survey. One person is asking the questions and if one answers correctly he or she has to take a step forward. In the beginning the questions were so simple but the moment they started asking questions about Economy, Tax, Mutual Funds women were way behind men. This shows the lack of Financial Literacy in women.
In contemporary India, women are just as ambitious and capable as men when it comes to financial matters. However, it's quite surprising that many women still lack confidence in this area. This lack of confidence often stems from a deeply ingrained societal belief that men are inherently better at managing finances and should take the lead in financial decision-making.
This traditional gender role has been perpetuated for generations, influencing how women perceive their own financial capabilities. Consequently, even when women possess the skills and knowledge required for financial conversations, they may hesitate to take the initiative or assert themselves in such discussions.
This issue highlights the importance of challenging these preconceived notions and promoting financial education and empowerment for women, so they can become more self-assured and active participants in financial matters. Breaking free from these stereotypes is essential to ensure that both men and women can contribute equally to their financial well-being and make informed decisions for their families and themselves.
