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International women’s Day

International women’s Day

“Sexist” Questions

Why is she so bossy?
Why are girls such terrible drivers?
Women are generally bad at math, how come you’re so good?...
Sexisms - or gendered comments that perpetuate prejudices and hinder women - are so pervasive that they run the risk of going unnoticed and therefore unchecked. The following is our attempt to chip away at this problem, with a bit of humour and a lot of sass.

By Preeti Verma Lal.

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I WOULD GET UPSET, ANGRY (ABOUT THE STEREOTYPICAL QUESTIONS) AND I USED THAT ANGER TO FUEL MY PASSION AND AMBITION

LEENA NAIR, CEO, CHANEL

IF I’M GOAL-ORIENTED, IT’S BECAUSE I’VE GROWN UP WATCHING MY MOTHER ACHIEVE IMPOSSIBLE FEATS DESPITE HER VISUAL IMPAIRMENT

HITU CHAWLA, CMO, MICROSOFT

PEOPLE, IN GENERAL, WANT TO DO THE RIGHT THING. BUT UNFORTUNATELY, THEY ARE VERY OFTEN SO GENUINELY BLINDED BY THEIR OWN BIASES

ADITI SHOLAPURKAR, CO-FOUNDER, SALT APP

ZIA MODY RECALLS TWO FUNNY INCIDENTS:
ONE WAS WHEN SHE WAS A CORPORATE ASSOCIATE IN NEW YORK FOR LAW FIRM BAKER MCKENZIE, AND HAD GONE DOWN TO TEXAS FOR A DEAL WITH HER BOSS. AS SHE WALKED INTO THE ROOM, THE COUNTER PARTY SAID: "HI, MY DEAR, THE SECRETARIES SIT THERE," AND POINTED HER TO THE SUPPORT STAFF SECTION.
THE OTHER WAS WHEN SHE WAS ARGUING IN THE BOMBAY HIGH COURT. A SENIOR CLIENT SAW HER ARGUING, AND SAID WHO IS THIS LITTLE GIRL YOU PICKED TO FIGHT THIS CASE? FORTUNATELY, SHE SAYS SHE WON THAT CASE, AND DESPITE THOSE BIASED MOMENTS, IT ALL TURNED OUT WELL. "I AM SURE MANY WOMEN IN THIS GENERATION WILL CONTINUE TO BREAK THE GLASS CEILING AS WELL."

ZIA MODY, MANAGING PARTNER AZB & PARTNERS

I WAS TOLD NUMEROUS TIMES – 'DON'T HIRE A WOMAN CFO SINCE YOU ARE ALREADY A WOMAN CEO'. BUT I WENT AHEAD AND HIRED ONE OF THE YOUNGEST AND BRIGHTEST WOMAN CFO’S AND GUESS WHAT, WE ARE INDIA’S LEADING FINTECH COMPANY TODAY WITH A WOMEN-MAJORITY MANAGEMENT TEAM AS WELL.

HARDIKA SHAH, FOUNDER AND CEO, KINARA CAPITAL
International women’s Day

FAQs

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Since I am saving for my child’s education, my retirement-planning has taken a backseat. Should I wait until my income increases to start the exercise?
Women often tend to accord priority to needs of their children and family over personal goals. While saving for children’s education is important, remember that you can take an educational loan for the purpose, which is not possible in case of retirement planning. Create separate buckets for every goal and invest systematically to achieve them.
Gold is a traditional, time-tested savings instrument. Why should I invest elsewhere?
Many women have strong emotional attachment to gold. There is a logical reason too, as it is considered the best hedge against inflation. However, gold alone cannot help you attain your long-term goals such as children’s education or retirement. You have to allocate part of your investments towards equity, too, to create long-term wealth.
I am about to get married. Should I club my investments with my husband’s or save/spend independently?
Financial compatibility, along with other factors, is key to marriage. However, do not completely ignore your personal wealth creation goals either. You can contribute to investments meant for joint goals, along with household expenses, but also create a separate kitty for your personal aspirations and expenses.
I let my husband take all the investment decisions as I am not financially-savvy. Is this the right approach?
No. Irrespective of whether you have an independent source of income or not, you should look to have your own savings portfolio. Women who do not draw salary should at least be aware of their household’s investments, loans and insurance policies and ensure that they are the nominees in their husband’s savings accounts, mutual fund holdings and insurance policies.
I am covered under my employer’s group term and health insurance policies. Do I still need to buy separate covers?
Yes. Your corporate insurance policies will cease to exist if you lose your job, quit or retire. Also, the coverage provided by employers is not adequate. Get independent covers for yourself as soon as possible.