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Financially Independent: The Important Step for Women

May 27, 2020
5 Minutes

Becoming financially independent is not just a task for men. Basically, everyone despite their genders must be able to become financially independent. Unfortunately, the concept of financially independent women is often misinterpreted. In this article, you can fully understand the independence of a woman based on her financial condition.

Out of your acknowledgment, someone’s financial condition greatly affects many aspects of their life. Some of these are the reasons why being a financially independent woman is an important milestone for any woman in this world.

Financially Independent
When a woman becomes financially independent, it means she has her own income and is able to manage her financial state. Therefore, they have more power to decide on their own life choices. It is important and crucial life choices that have severe impacts on her life. They don't have to be dependent on someone else’s money.

This context changes significantly if applied to either married or single women. For married women, being financially independent means having a spare lifeboat in the form of their own income, which can be used to help their families during an economic crisis or ease their husbands’ financial burden.

Whereas for single women, financial independence gives them the same power and freedom. They are able to provide for themselves without needing financial aid from other people, including their parents. This allows you to make plans and actually do them, be it career-driven goals or pursuing a postgraduate study, with your own personal financial ability.

Dependable
Independent women will become the person that other people look up to, taken seriously, and dependable in material and professional aspects. You have the power to make bigger decisions in your life, thanks to your stable financial condition.

Moreover, being dependable in this situation is not only beneficial to other people around you, but also to yourself. When you have the urge to make life-changing decisions, such as resigning from a job or going back to school, you will no longer have to worry about financial problems. Therefore, you have an open mind to calculate other factors and gain more perspective to finally make the final decision.

Become an Aspiration
With all the might and stability that you gain from being a financially independent woman, you get to become an aspiration for women and other people around you. You are the aspiration to transform into a financially independent woman who is brave enough to make big and crucial decisions, the aspiration to become more responsible towards herself and loved ones, and motivating people to start improving their lavish lifestyle and bad financial management, where their monthly income is spent on secondary needs. You are the aspiration to, at last, become financially independent as you have proven to be.

It is time for you to become an aspiration and living proof that women are just as capable as men in bearing this responsibility. Women are equal to men in their circumstances and gender is not a dividing barrier. A stable financial state is something that women and anyone can achieve, as long as they are discipline in managing their finances.

To Be Financially Independent
It is a simple process to be financially independent, the key lies in your own financial management. Make sure that your monthly salary and other income are managed wisely. Prioritize your spending needs; differentiate your wants and needs. This way, you are one step closer to be financially independent.

Allocate your income for primary needs, effectively and cleverly. As you shop, calculate your monthly consumption bills. Make sure that you have spare money to be put into your savings account each month. Check your shopping list, should there are items that you do not really need, cut them off the list. Live as big as your income, so there will be no expenditure overruns.

PermataBank supports all women to be financially independent with the various banking products and services. It starts with saving accounts that can be easily divided according to your needs, credit cards for smoother shopping transactions, to investment products that range from short-term investment to long-term investment. All of these features can be enjoyed while you are lounging right at home #dirumahaja through the PermataMobile X application.

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