Anooshka Soham Bathwal, the Founder & CEO of Dhanvesttor, has always been an advocate for financial literacy and empowerment, particularly for women. Recently, she shared a thought-provoking post on LinkedIn, sparked by a Fidelity Investments survey that revealed a stark contrast in the financial outlooks of men and women. While men often feel hopeful about their finances, women’s primary emotion tends to be stress. This resonated deeply with Anooshka Soham Bathwal, who has long been committed to changing this narrative.
Anooshka Soham Bathwal’s post highlighted some of the most alarming statistics regarding women’s financial health. It was revealed that women have just 30 pence of wealth for every pound that white men have, a disparity that is staggering and reflective of broader systemic issues. Many women, as Anooshka Soham Bathwal pointed out, feel as though they are constantly playing catch-up with their finances, often juggling not only their financial responsibilities but also the pressures of managing family duties. This “good daughter penalty” is a burden many women face, with expectations to care for their families often outweighing their own career and financial growth.
The statistics Anooshka Soham Bathwal shared were eye-opening, especially in the context of India, where women’s workforce participation was only 20.3% as of 2022. Yet, Anooshka Soham Bathwal also pointed to inspiring figures such as Radhika Gupta and Falguni Nayar, who are changing the narrative by motivating thousands of women to pursue their entrepreneurial ambitions. Anooshka Soham Bathwal believes that these role models are helping to rewrite the story of women’s financial independence in India.
In her post, Anooshka Soham Bathwal also highlighted a significant gap in financial awareness. While 64% of men in India are aware of financial products, only 33% of women share the same knowledge. This gap is a critical issue that Anooshka Soham Bathwal has been passionate about addressing, particularly through platforms like Dhanvesttor, where women are encouraged to take control of their financial futures.
Anooshka Soham Bathwal further emphasized the need for women to leverage their power in finance. She encouraged women to take simple yet meaningful steps such as starting an emergency fund, investing in mutual funds, or seeking professional financial advice. As Anooshka Soham Bathwal so eloquently put it, every action counts in the journey toward financial independence.
By tackling the money challenge today, Anooshka Soham Bathwal believes that women can take the first step toward not only achieving financial stability but also feeling empowered and in control of their financial destinies.