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Women’s Day: Experts Share 5 Key Financial Tips For Women To Build Financial Security
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Financial independence empowers Indian women. Experts like Ms. Somdutta Singh and Gunjan Goel stress disciplined habits, property investment, and entrepreneurship.
Women’s Day 2026: How Women Are Building Wealth Through Investing, Property and Entrepreneurship
Financial independence is increasingly emerging as a key pillar of empowerment for women in India. While more women are entering the workforce, starting businesses, and participating in investment decisions, financial awareness and disciplined money habits remain crucial to building long-term security.
Experts say financial independence does not come from sudden financial windfalls or risky investments. Instead, it grows through consistent habits such as budgeting, saving, investing, and building assets over time.
Small Financial Habits Can Build Long-Term Security
According to Ms. Somdutta Singh, Serial Entrepreneur and Founder & CEO of Assiduus Global, financial independence starts with a clear understanding of money and everyday financial discipline.
She says many women hesitate to begin financial planning because they believe it requires complex expertise or large amounts of capital. However, even small steps such as tracking expenses, building an emergency fund, and setting clear financial goals can gradually strengthen financial stability.
Singh also notes that investing is no longer limited to financial experts or high-income individuals. With the rise of digital platforms and accessible financial tools, more women are now exploring investment options such as mutual funds, savings instruments, and long-term portfolios aligned with their personal goals.
“Financial independence grows through discipline and consistency rather than dramatic financial decisions,” she explains.
Property Ownership as a Wealth-Building Tool
Real estate is another area where women are increasingly seeing long-term financial value.
Gunjan Goel, Director at Goel Ganga Developments, says understanding property investment can play a significant role in wealth creation.
According to her, property education begins with understanding location value, rental yield, and long-term appreciation potential. Even small investments such as a plot of land, an apartment, or a shared property stake can become the foundation for long-term financial security.
“Real estate empowers women to move from earning money to owning wealth—because true financial independence begins with assets that grow with time,” Goel says.
Property ownership can also create passive income through rental yields, while strategic investments in emerging locations and infrastructure corridors can enhance long-term returns.
Entrepreneurship Opening New Financial Pathways
For many women, entrepreneurship is becoming a powerful route toward financial independence.
Ridhima Kansal, Director at Rosemoore, believes the journey often begins with identifying a personal skill or expertise that can generate income.
Starting with small businesses, freelance work, or skill-based ventures allows women to gradually build revenue streams. Over time, further learning through mentorship, courses, and professional networks can expand business opportunities.
Kansal also emphasises the importance of building multiple income sources to strengthen financial resilience.
“Women achieve economic independence through entrepreneurship which enables them to transform their business concepts into revenues,” she says.
Smart Savings and Long-Term Planning
Financial experts also highlight the importance of structured financial planning.
Dr. Poonam Tandon, Chief Investment Officer at IndiaFirst Life Insurance, says women today are increasingly aware of their financial needs and aspirations. However, challenges such as the “pink tax” — where women often pay more for certain goods and services — make smart financial planning even more important.
She advises women to carefully budget daily expenses while simultaneously planning for long-term goals such as vacations, family responsibilities, and retirement through systematic saving and investment.
“This approach becomes sustainable over time and provides independence, happiness, and satisfaction throughout life,” Tandon says.
Changing Conversations Around Money
Encouragingly, discussions around money are becoming more open among women today. From investment communities to entrepreneurship networks, women are increasingly sharing financial experiences, seeking advice, and supporting each other in making informed decisions.
As financial literacy grows, experts believe the focus is shifting from simply earning money to building long-term wealth through diversified income streams and asset ownership.
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March 08, 2026, 15:59 IST
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It is unusual for a senior figure at the Bank to be so forthright on market movements.
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Consumer confidence has fallen for the third consecutive month amid household “jitters” over rapid price rises, figures show.
GfK’s long-running consumer confidence index fell four points to minus 25 in April, following falls of two points and three points in March and February respectively.
The deepening concern was driven by perceptions of the UK economy, with a six-point slide in confidence for the next 12 months to minus 43, its lowest level since February 2023.
Confidence in personal finances over the coming year fell five points to minus four – one point lower than this time last year.
The major purchase index – an indicator of confidence in buying big ticket items – held steady, albeit at minus 18 but one point better than last April.
The only measure to improve was the savings index – often an indication that households are concerned about their finances and looking to build contingency funds – which is up five points to 32.
Neil Bellamy, consumer insights director at GfK, said: “Consumers really do have the jitters now.
“It is a year since we last saw a monthly drop of this size, and we have to go back to October 2023 to find the last time consumer confidence was lower.
“Everyone is grappling with rapid price rises, especially at the fuel pumps, which are taking a dent out of household budgets, and people know further price hikes are coming.
“Consumer confidence is deteriorating sharply, with fuel prices and threats of more energy price increases acting as constant reminders of inflation.
“While the Gulf crisis is intensifying pressures, much of the current strain reflects earlier domestic cost increases.
“How long can all this disruption and pain continue?”
People walk past a Nike store in New York City, on April 2, 2025.
Kylie Cooper | Reuters
Nike announced a new round of layoffs Thursday affecting approximately 1,400 employees across the organization, mostly concentrated in its technology department.
In a note from COO Venkatesh Alagirisamy, the company said the layoffs were part of Nike’s broader “Win Now” turnaround strategy aiming to reshape its technology team, modernize its Air manufacturing, move some of its Converse Footwear operations and integrate its materials supply chain work into its footwear and apparel supply chain teams.
“Collectively, these changes will result in a reduction of approximately 1,400 roles in global operations, with the majority in technology,” Alagirisamy wrote. “These reductions are very hard for the teammates directly affected and for the teams around them, too.”
A Nike spokesperson said the layoffs are about better positioning the organization for the current pace of sports and accelerating its growth. The layoffs affect employees across North America, Asia and Europe and represent less than 2% of the company’s total global head count.
“This is not a new direction,” Alagirisamy wrote. “It is the next phase of the work already underway.”
Affected employees will be notified beginning Thursday, Nike added.
CEO Elliott Hill has been working to turn Nike around after years of slumping sales. While Hill has made some initial progress, it’s come with some bumps in the road.
Nike announced 775 job cuts in January, primarily at its U.S.-based distribution centers, due to the company’s work in accelerating its use of automation. At the time, the company said the cuts are part of Nike’s goal to return to “long-term, profitable growth.”
Those layoffs came on top of a round of cuts last summer that affected less than 1% of Nike’s corporate staff as part of the company’s efforts to realign the business.
In its third fiscal quarter earnings report last month, the retailer warned that sales will continue to fall for the rest of the year, primarily led by an anticipated 20% decline in China during the current quarter.
— CNBC’s Jessica Golden contributed to this report.
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