5 Things you can do on this Women’s Day
International Women’s Day is celebrated on March 8th every year. The day is also known as International Working Women’s Day which was observed on 28th February, 1909 by the Socialist Party of America to honour the women workers who protested against working conditions. In 2015, International Women’s Day falls on Sunday and the Official UN themes for International Women’s Day 2015 is “Empowering Women, Empowering Humanity: Picture it!”
Things you can do on this Women’s Day
Awards for women: The residents of apartment communities or Apartment owners associations can conduct special events on the day with games and awards for women to appreciate their contributions in different roles like working professional, housewife or maid in the apartment community.
Empowering Women: Women are the nucleus of any home. Nowadays, a woman not only takes care of the household chores but also contibutes to the savings and income of a family. Initiatives that can be taken to empower women includes activities like teaching women to read, teaching job skills or income-generating skills, helping them to build self-esteem and confidence etc.
Get financially prudent: This women’s day is a good time to get financially prudent and adopt a smarter way to spending and saving. This helps you to save money for unexpected expenses or emergencies and improve your family budget. You can talk with a representative at your bank about options for saving money on your banking account through various saving schemes.
Gold deposit scheme: The Union Budget 2015 has proposed the introduction of a gold deposit scheme. As a consumer or depositor, it will help you to earn interest on your deposit. The Finance Minister has also proposed a scheme where a Sovereign Gold Bond will carry a fixed rate of interest and can also be redeemable in cash in terms of the face value of the gold, at the time of redemption by the holder of the bond. You can buy purchase gold coins or bars of gold instead of buying gold ornaments.
Other Investment options: Ask yourself what is the monthly family budget, how much you can save and where to invest. You can invest in health insurance and a term insurance or in retirement plan. If you are a working woman and have a good credit history or CIBIL score, you can invest in real estate.
So on this International Women’s Day, keep your finances in good shape and know how to be financially independent.
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