When it comes to handling money, women are often in the backseat, and married women especially so. Here’s why it’s important for them to take charge of their finances.
It was only when I got married that I realized that I was an edge case when it came to personal finance. I’d grown up in a fairly typical Indian family setup with an earning father and a homemaker mother. But what set us apart was that we were also a household that discussed finances on an everyday basis. My father ensured that we were all given individual bank accounts and taught how to operate them, and my mother made it a point to drill the importance of having one’s own source of income and not being dependent on anyone …
Lavanya Mohan is a chartered accountant and writer from Chennai.
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