Women's Day Special: How to inflation-proof your investments?
Ahead of savings and investments, it is crucial for women to cover against any health risks. Unforeseen medical expenses may eat upon your investments and pull down your goals for which you have been saving for long
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Women are known to be avid money savers. According to a survey by Scripbox, nearly 60 per cent women save more than 20 per cent of their income every month, of whom 16 per cent save a whopping over 50 per cent of their monthly income. However, most women continue to be less risk tolerant with 56 per cent preferring fixed income products such as bank fixed deposits (FDs), PPF, LIC policies and other tax saving schemes. It is a great regret if women who try hard to save a penny extra every month, cannot put their savings to earn inflation beating returns.