The Indian Woman

Perhaps I have been a little unfair to the women readers of my blog. You see, I have been writing from my perspective. But when I look back at the 40 odd posts in this blog I am not at all surprised to conclude that all of these apply to women. In fact more so. Being financially well-off is a goal that every women should strive for. An old woman is more vulnerable that her male counter part.

The Indian woman who always - almost always - puts family before self. I am pretty confident that the 70-10-10-10 rule will help them as much as it will help the family. The male ego may put up a little resistance, but once the benefits are apparent, you will see the change.

In fact, every post on this blog applies to the family as a whole. The unit for financial prosperity is the family not the individual.

On my part, I will keep the family in mind in all my future posts.

Financial Independence

My father was in AirForce. So after he retired he had a good pension and after his death my mother gets family pension. My mother is 64. The money she gets is sufficient. And she has never had to ask money from me. When she goes to visit her brothers and sisters, she travels by air or comfortably in air conditioned compartment in train. I don't have to buy a ticket for her. In fact, she insists in paying for the tickets herself. In other words, she is financially independent.

Being financially independent in old age is a good goal to shoot for.

When you retire, will you be financially independent?
Will you have a house - your house - to live in?
After you die will your wife be financially independent?

It doesn't matter what your age is today. But are you thinking about your old age?
Some day you will become old, won't you?
Time to prepare for this is now.