Thursday, October 17, 2013

WHY WOMEN SHOULD BE FINANCIALLY INDEPENDENT

Being financially independent is excellent for everyone.
Each of us, can make a small or big effort to earn money and stand on our own feet. The benefits go beyond the economic reasons. It is good for women and the whole society.
Some of these benefits include:
1. Financially independent women take their own...
decisions.
When women are dependent upon others for money, they might need to
take permission from them. Some women
might be happy to do that while others need to be more independent and
take their own decisions.
2. Financially independent women are good financial backups for family.
In times of financial crisis, when many people lose jobs, it is good
when both partners are earning income. When
one loses job, other still has income to support the family and fill
the gap. In terms of health, if one partner is sick, he or she can
take time off and take good rest and recover properly. Finally, in
case of unexpected death of family
member, the other person can still handle the family expenses.
3. Financially independent women contribute financially to the family.
When the inflation is up, prices are skyrocketing, if both partners
are working, it is easier to own a home and meet family expenses.
4. Financially independent women contribute financially to the society
and economy.
When women earn money, they can be financially givers to society. They
can give to charities and help in social causes. They also boost
country's economy and GDP by earning actively.
5. Financially independent women motivate children to stand on their own feet.
When children see that mother is earning money, they are motivated to
stand on their own feet. They see good work ethic in their own home
and want to follow it.
6. Financially independent women can follow their dreams.
We all dream but sometimes when we don't have money, we need to adjust
to what we have and be content. Women who earn money tend to follow
their dreams which could be a social cause or a big car.
7. Personal independence boosts your confidence
Independent people naturally tend to be a little more confident on
handling issues affecting their lives. This is mainly because they are
more prepared to take actions and do things without having to wait for
support or permission from someone else. Being independent therefore
means that you will be more likely to try out new things that you
want, rather than what or how you are expected to. This also means
that you will have more experience than a less
independent individual. This will in time build up more confidence in
you with the knowledge
that you can do things on your own. For entrepreneurs, this confidence
opens yourmind to taking bigger risks and unbeaten paths that
eventually returns bigger rewards.
8. Personal improvement and creativity
Having a free and independent mind gives you
freedom to explore your skills and talents and will ultimately bring
out the best in you.
9. Self-value and self-esteem
Independence can help increase your self- value and self-esteem, more
so if becoming independent is one of your goals. The achievement of
financial, emotional, social, career and personal independence gives
you a sense of accomplishment that eventually changes how you rate
yourself and how others view you.
The increased self-worth that comes with this independence is a great
booster to your self-esteem and personal success.

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