19 JUNE2023What does Financial Freedom Mean?Financial Freedom is a word that has a great impact and is the top driving force for working women in Delhi which is also followed by the need to fulfill the desire to be valuable and grow self-confidence. Women all over the nation have the same reasons to fulfill their family's requirements and become a reason to lead their households.The survey also found that 32 percent of women who belongs to Delhi find difficulties to make financial decisions on savings and investment. This has been a national trend, where many women ask help from their father, brother, or husband for advice when making some financial decisions.The founder and CEO of IndiaLends, Gaurav Chopra, mentioned in a statement that "financial independence for women is not just bound to social responsibility but also it is crucial for their economic progress. The findings of the survey show that women in Delhi still need to work a lot to become more financially independent".Percentage of Women working on their Financial IndependenceAbout two-thirds of Delhi's female population have checked their credit score, there is still a long way to go before they are capable of keeping a continuous track of ongoing spending and making their own financial decisions.According to the report, over half of working women in the country have learned about personal finance through social media, about 30 percent of them have learned through news articles, 20 percent through workshops and seminars, and 20 percent through professional experts. About one-third of the females comfortably handle all of their financial decisions, despite their efforts to take control of all of their finances.In the survey of #WorkingStree from IndiaLends, the respondents aged between 25 to 34 made up the total sample of 47.7 percent, followed by the respondents aged between 35 to 44 at 30.8 percent. Where as the youngest age group of 21 to 24 represented 13.7 per cent of the sample. The respondents over 45 were 7.8 percent.Now in terms of profession, the respondents were, salaried employees make up to 43.6 percent, self-employed make up to 31.3 percent, homemakers make up to 12.3 percent, and professionals like lawyers, and CAs make up 4.4 percent. THE STUDY STATES THAT WOMEN IN THE NATION'S CAPITAL CHOOSE A DISTINCTIVE STRATEGY FOR ACHIEVING FINANCIAL INDEPENDENCE AND MAKING DECISIONS
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