Women & Money Power 2022 report
33% women in India do not invest at all and the number is as high as 40% in the 21-25 years age group, a new study survey suggests. Overall 55% women in the country are either not investing or are unaware of their investments. The survey Women & Money Power 2022 report was carried out among 4,000 women across different age groups.
Interesting findings
It reveals where women stand on money matters and provides an overview of their financial awareness. And, attitude towards saving and investing, key barriers and drivers for making money decisions and involvement in decision making.
Women are considered to be great savers but report suggests that 78% women save less than 20% on their income. This means the majority is not even following the golden rule of saving at least 20% of your income.
