“When Women can go to Space; Why can’t they be the best money managers? ”
– Nitin Vyakaranam, Founder and CEO, ArthaYantra
Women Customers at ArthaYantra
When we researched in our database of women customers, since the launch of our services in 2012, the numbers that we discovered were staggering and pointed to a fantastic trend when it comes to women seeking professional help in managing their personal finances. We simply had to bring this to your notice!!
In last four years, we have observed marked increase in women approaching us for our advice. As per the data, the number of women who availed the services in 2016 was more than twice the number in 2015 and a whopping 340 times the number in 2012. The trend clearly indicates how women are becoming financially conscious and are willing to take independent decisions.
So What Makes Women Better Financial Managers?
Finance has long been a male-dominated undertaking. But, to our delight, a resounding number of women are trying to put this stereotype at rest! Why not? When many amazing inborn qualities make women better at money management and financial planning!
She is Ever-ready to take up Responsibility!
In general women take up a lot of responsibilities in life. When it comes to money, women are even more responsible. According to the findings from an international survey conducted by Synovate, a market research firm, women are more likely to work hard to turn financially independent and less likely to enter into debts.
This natural quality of the women helps placing your family in safe hands!
Confidence Is Her Ornament!
Women are confident at whatever they do. Be it decorating their homes, raising their kids, cooking delicacies, and what not. Same is the case when it comes to managing personal and household finances. Experts attribute this growing confidence in managing the family funds to better earning power of today’s women.
This ever-booming confidence gives a louder voice to women while making financial decisions!
Patience Makes Her Beautiful!
Compared to men, women are more patient by nature. This inborn quality makes them better at investing, saving, and preparing for the future! A 2015 Vanguard report indicates that more women tend to participate in their workplace savings plan at all income levels. They are more likely to be patient with their investments to stay through the suggested time horizon.
The patient lady of your life could become the secret behind your financial success!
Discipline Is Her Weapon!
While women are more disciplined and open to assistance, men are more prone to overconfidence, particularly in realms like finance. This very reason makes female investors more conservative and risk averse. This quality gives them a different approach to money management with proper risk planning. The end result is calculated risk and reasonable profits.
This disciplined approach of women makes the future seem more promising!
In a nut shell, women across the world have begun taking the financial lead, which is to be welcomed for the financial wellbeing of the family and the society! It’s time to encourage them to become household chief financial officers!
Start believing in yourself.