Outlook Money
It is important for a female to understand and lead in financial literacy such as investments, loans or insurance. For females, financial decisions are important especially for planning for retirement.
1. Share In Property And Assets- A woman must know their net worth. If married, she must discuss her share in the assets and wealth. She should also check her status in her husband's will.
If the woman is married and working, she must check with her husband as to what the combined wealth accounts for and what share she will get for her retirement.
It is also advisable for women to estimate their post-retirement expenses in advance and plan accordingly. If the woman is independent, she must build a strong retirement corpus for herself.
A woman irrespective of her marital or financial status, must make a will so that the legacy can be passed on to the chosen beneficiary.