Homemakers have always been limited to saving from household incomes for smaller financial goals.
However, it is time to move beyond this idea and let homemakers become decision-makers when it comes to financial planning.
As we know, India women have proven to be one of the best money managers around the world.
Every woman from a small village to an urban city follows a systematic method of planning money that helps the family achieve its financial goals.
One of the mistakes most homemakers make while thinking about financial planning is looking at immediate goals.
Often, while focusing on short-term goals like day-to-day expenses, long-term goals such as retirement, financial security, or financial independence get buried in the list.
While investing, it's important to first focus on dividing their goals into short-term, mid-term, and long-term.
Here are some dos and don'ts that homemakers can keep in mind while planning their investment: