Many of the financial problems women face today are results of the typical approach of women when it comes to money. They may let others manage their money instead of managing it themselves. They may display a distinct lack of confidence when it comes to money matters and not take part in financial discussions at home.

Women also tend to be emotional with money and compromise on what’s due to them out of empathy. Another conspicuous characteristic of women’s financial planning style is that they tend not to set financial goals early in life.

As thinking individuals, women need to consciously make a change in their approach towards personal finance. In a live Youtube talk on 6th May 2020, Prayaana Collective hosted HerMoneyTalks founder Nisary who spoke on the above challenges and inspired women viewers to take control of their finances.