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Lifestyle

5 Reasons Why Women Need to be Financially Independent

by Ayesal A August 22, 2022
written by Ayesal A August 22, 2022
LEADHers

Financial independence is every woman’s right – not only does it empower her but also enables her to pay for expenses without having to depend on a male figure.

Moreover, in today’s day and age, it has become all the more important for a female, and even men, to be stable as the world is seeing a rise in inflation.

Home-makers can also be financially independent not just career-oriented females. Through work-from-home and freelance modules, women can start earning without having to feel guilty about compromising on their homes and relationships.

Adaptive-Tec

Nonetheless, here are 5 reasons why women should be financially independent.

1. Savings Help During Emergencies

Every other day we hear that a company has laid off its employees or has shut down operations due to the increase in operations costs. Having more than one member in the family who is earning will help save enough money to last a couple of weeks or even months while the rest hunt for a new job. This way women won’t have to worry about their children’s fees, rent, bills, or other expenses for a while.

2. Cost of Living is Equally Met

When a couple works as a team, one person does not have to shoulder the entire burden. Men get overwhelmed and are often stressed as they are always considered financially responsible for their families by society. Truth is that both partners can equally contribute and live a happy life along with a healthy relationship without one feeling the pressure of meeting living costs.

Department of College Education Sindh to Train Female Government College Students How to Ride Motorcycles

 

3. The Betterment of Pakistan

A country’s economy is its backbone, as long as the economy is stable, everyone is happy, inflation is low, and families can relax. However, Pakistan is quite unstable, if the women of our country start working and earning, they can contribute through taxes and other forms and help boost the Gross Domestic Product (GDP). Moreover, one day when these women become entrepreneurs, they provide job opportunities and livelihood to other families.

4. Women Won’t Feel Helpless

Financially independent women are not afraid of taking risks and decisions, which helps them feel less helpless. After the pandemic and inflation rise, there has been a wide increase in domestic violence all around the world, however, women and men both often tolerate the abuse because they have nowhere to go or no money to start over. By becoming financially stable, they no longer will have to tolerate the abuse and provide for themselves.

5. Boost Morale & Self-Respect

The ability to make decisions that involve monetary assets makes an individual feel enabled and increases their self-respect. Moreover, they are more likely to help others around them who are going through hard times. Moreover, being individuals, a lot many women might be having some aspirations and dreams, but for the fulfillment of which they have to depend on their parents or spouses. Being financially independent will enable them to self-sufficiently fulfill their wishes such as doing a course for enhancing their skill-sets, going for a trip with friends, buying things that they desire and so on.

Stay tuned to WOW360 for more news and updates.

Lahore Courts Record Over 500 Divorces in 10 Days

 

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