Woman- an adult female human. Are these words enough to describe the most beautiful creation of God? The answer is of course not. When he hasn't spared any detail in crafting her then why should we spare words to describe her? A nurturing parent, a loving spouse, a hard working employee, a selfless caregiver, a generous teacher- assembling all this makes a Woman.
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†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
When it comes to having a safe and secure financial future, it is very important to make regular savings. A good amount of savings is a guaranteed step towards a carefree future. Gone are the days when women used to be financially dependent upon their partners. So, a woman along with managing their present fearlessly needs to be thoughtful about their future as well.
No 2 people are the same and neither is their risk-taking appetite. Be it a man or a woman, it is necessary to understand the investments one has to make to have a relaxing future after retirement. Having said that, it is also necessary to take small risks that help in creating a financial cushion for the future because, without risk, it is quite impossible to achieve big in life.
Just like taking care of your children or your parents together, it is extremely important to take care of the finances together as well. It is necessary to change the existing norms of the society where men take charge of all the household finances. Women, even if not working, should step in these shoes so that they have an equal say in the decision-making for the family.
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Savings can only come in action if, and only if, there is proper planning and budgeting. When a person earns enough money to meet their daily expenses, they tend to get tempted by the luxurious world out there so that they live a grand life. In this case, a woman needs to focus on her future and restrain herself in the present to live happily ever after.
It is the harsh truth of the corporate sector but men tend to take much more salary than women for the same post applied. As we know that the first step starts at the home, all women need to realize their worth and never compromise in life for salary or any other thing. A woman needs to stand for another woman and uplift her in the true sense so that the future of self, as well as the country, is bright.
No one is born perfect in life. Everyone needs a helping hand to grow and flourish in the future and there is no harm in taking anybody’s help until and unless you start trusting them blindly. Proper guidance along with a sensible mind will sky-rocket the future of a career-oriented woman.
†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved insurance
plan.
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
+Returns Since Inception of LIC Growth Fund
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.
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