GOBankingRates wants to empower women to take control of their finances. According to the latest stats, women hold $72 billion in private wealth but fewer women than men consider themselves to be.
GOBankingRates wants to empower women to take control of their finances. According to the latest stats, women hold $72 billion in private wealth but fewer women than men consider themselves to be.
<p><span>Nigeria, a country with an adult population of 106 million, offers a vast market for financial services. Despite this, it faces the expectation of a 16.8% shortfall in meeting its financial inclusion targe</span></p>
How Women Can Conquer Their Financial Fears & Anxiety gobankingrates.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gobankingrates.com Daily Mail and Mail on Sunday newspapers.
Reap rich dividends: Early exposure to financial literacy will help students become financially-savvy
Indians are well-known for their astute thinking when it comes to money. However, when it comes to understanding investment and financial diversification, there is a distinct lack of knowledge and investment appetite.
One of the biggest disadvantages of the current education system is its apathy to financial knowledge. Young professionals find it hard to file their taxes, understand the equity markets, or practise trading and investment because not enough emphasis is given to teaching students about managing money.
A majority of Indian households prefer to save money in bank deposits, while less than 10% opt to invest in alternative assets, including stocks or mutual funds. In fact, gold, post-office savings and real estate get priority over stock trading and investment.