3 Reasons Why Women Need to be Financially Independent

It feels liberating when I come across women who are clear in their head; know what they want out of life, and how to live it. But in managing everything around them, women often let go of their financial independence. Well, it needs to stop starting now. Here are three practical reasons that tell you exactly why.

1) To Keep Your Individuality Intact

Yes, keep yourself first. There is nothing wrong with choosing your individuality over the multiple roles that you play. You can be excellent in what you do, but it doesn’t count when you let others decide or take charge of your finances. If you earn, you should be able to control your money. You must be aware of where the money is going; taxes paid, interest earned, etc. I am not asking you to make it obvious all the time that you contribute. All I am asking you to do is save up separately and make sure you are financially independent. And if you are a homemaker, you can still find financial independence. Work on something you love doing from your home. Make it a part of your routine and you never know when things shape up. A hobby can turn into a source of income. Do it for yourself and you’ll see what a difference it will make in time to come.

2) To Contribute Like An Equal

Of course, you contribute a great deal towards your home, life, and making everything around you beautiful. But if you happen to do that financially, it will boost your self-worth. If you are living with your parents, contribute. If you are living with your husband, contribute. Unless and until you are not living by yourself and have some form of human company, contribute. It’s a great feeling when you don’t have to let go of your dreams as you are independent. Your husband’s income can keep you well, but if you want more, work towards it. Don’t be a burden on someone you love and take things for granted. And for a change, if your husband wants to take a sabbatical, give him that break. I am sure you can manage the finances. Discover your capabilities and make your life full of self-worth. It’s fulfilling, trust me!  

3) To Make A Sound Future

Financial independence allows you to make decisions for yourself. For example, if you are in an irreconcilable relationship, you can move on to take care of yourself easily if you have financial stability. If you want to buy a house, take care of your children, not depend on your parents, you can do all that with the money you have. So many women around us suffer because they are financially dependent and cannot take the required decisions in life. I am sure none of you want money to be a reason to hold you back from living your life with respect and as per your choice.

Having financial independence allows you to look at yourself in a new light. A woman’s freedom reflects in the choices she makes, and financial freedom works as a catalyst in shaping those choices. So if you earn it, own it.

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