New Delhi: Increasing share in financial decision making of Indian women. According to a survey, 68 percent of the women are either managing their own money or playing an equal role in the financial decision of their families.
According to a survey by Scripbox that provides online finance services, only ten percent of women entrust the responsibility of making financial decisions to a male member of their family. Most of the women surveyed follow the monthly savings rule. Only 30 percent of the women asked to invest in financial options like mutual funds.
Scripbox conducted this survey in February 2020 among more than 600 women nationwide. Of the women who participated, 70 percent were under 30, 24 percent were over 30, and the rest was over 50.
According to the survey, “68 percent of women admitted that they take their own financial decisions or have an equal share in their family’s financial decisions.” According to the survey, 47 percent of women use digital means to make themselves financially literate. Rely on Also consults personal finance management through online medium. About 80 percent of women believe in monthly savings. Whereas more than 20 percent of women save about half of their monthly income.
