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Be Financially Smart: The Modern Woman's Guide To Money
About the Book
A guide to dealing with money and personal finance written especially for women.
In India, a country where only 27 per cent of the population is financially literate, as much as 80 per cent of Indian women struggle with personal finance. What keeps women from being financially empowered? What are the psychological barriers that come in the way of women managing their own finances and handling money? Especially when, traditionally, it is women who have managed household budgeting.
In Be Financially The Modern Woman's Guide to Money, financial advisor and thought leader sets out to answer these questions and provide actionable steps to overcome the challenges women face. Not only does she address the psychology of money, but she also provides advice on the concrete steps and strategies that women can use to become financially literate and independent, and through this, live empowered and fulfilling lives.
A guide that is easy to read and implement, this is the only book every woman needs to be financially smart.
About the Author
Nita Menezes is a respected thought leader, keynote speaker and the founder of Financially Smart and MoneyPrastha. With almost three decades of expertise, she is a Certified Financial Planner and has a Fellowship in Life Insurance. Nita serves as the National President of WICCI Financial Literacy & Management Council and the India Country Chair for G100 Club-Financial Empowerment.
Nita is also a Certified Image Consultant and specialises in personal branding and influence for financial entrepreneurs.
Additionally, she has contributed to various articles in magazines like Outlook, FPSB India, etc. and has co-authored the book Know your Finance in collaboration with WICCCI FLM & Research Foundation of India with her team of WICCI women.
She shares valuable insights on social media, balancing her dedication to health and wealth through fitness activities, reading, and traveling with her family.
Explore more about Nita at www.nitamenezes.com and her firm at www.financiallysmart.in and www.moneyprastha.com
Connect on social media via linktr.ee/bfinanciallysmart
A guide to dealing with money and personal finance written especially for women.
In India, a country where only 27 per cent of the population is financially literate, as much as 80 per cent of Indian women struggle with personal finance. What keeps women from being financially empowered? What are the psychological barriers that come in the way of women managing their own finances and handling money? Especially when, traditionally, it is women who have managed household budgeting.
In Be Financially The Modern Woman's Guide to Money, financial advisor and thought leader sets out to answer these questions and provide actionable steps to overcome the challenges women face. Not only does she address the psychology of money, but she also provides advice on the concrete steps and strategies that women can use to become financially literate and independent, and through this, live empowered and fulfilling lives.
A guide that is easy to read and implement, this is the only book every woman needs to be financially smart.
About the Author
Nita Menezes is a respected thought leader, keynote speaker and the founder of Financially Smart and MoneyPrastha. With almost three decades of expertise, she is a Certified Financial Planner and has a Fellowship in Life Insurance. Nita serves as the National President of WICCI Financial Literacy & Management Council and the India Country Chair for G100 Club-Financial Empowerment.
Nita is also a Certified Image Consultant and specialises in personal branding and influence for financial entrepreneurs.
Additionally, she has contributed to various articles in magazines like Outlook, FPSB India, etc. and has co-authored the book Know your Finance in collaboration with WICCCI FLM & Research Foundation of India with her team of WICCI women.
She shares valuable insights on social media, balancing her dedication to health and wealth through fitness activities, reading, and traveling with her family.
Explore more about Nita at www.nitamenezes.com and her firm at www.financiallysmart.in and www.moneyprastha.com
Connect on social media via linktr.ee/bfinanciallysmart
306 pages, Paperback
Published September 3, 2024
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Displaying 1 - 2 of 2 reviews
January 15, 2025
-Teaching Money to Half the World-
Review of 'Be Financially Smart'
"Be Financially Smart" by Nita Menezes is not only a modern woman's guide to money but also to being financially smart and aware. Nita, in the introduction to the book, candidly admits her own financial folly. In 1992, a yellow hair dryer taught her one of the biggest lessons of life.
Nita and her father invested in a Ponzi scheme and lost their money. A Ponzi scheme is an investment scan that pays early investors with money taken from later investors, thus creating an illusion of large profits. She lost a part of her savings and her father lost most of his retirement fund in this financial debacle. She writes, 'And that's how I found my WHY, my purpose.'
Using real life and imaginary scenarios, she takes the reader to a path of financial awareness. She tells her readers to ask themselves these questions-
-Have you created an emergency/contingency fund?
-Are you aware of your cashflows and your net worth?
-Do you have debt?
-How did you decide on the amount of life cover you need?
-Have you written down and set SMART goals?
-What is the rate of return needed to help you achieve your goals?
-Do you have adequate health cover for all the family members?
Starting each chapter with a pertinent quote, Menzes guides the readers on myriad issues like how to identify and overcome financial abuse and hurdle, how to choose life insurance, how to utilize tax benefits, what is a SIP and so on.
She writes: 'Most of the time, people think about money as one of their 'big"moments or goals when it simply is just a small part of what helps them get there. So, what does this tell you? Money is not a goal or moment in your life; instead, it's a vehicle to reach your goals.'
If you want to be financially smart, this is the way to go.
Review of 'Be Financially Smart'
"Be Financially Smart" by Nita Menezes is not only a modern woman's guide to money but also to being financially smart and aware. Nita, in the introduction to the book, candidly admits her own financial folly. In 1992, a yellow hair dryer taught her one of the biggest lessons of life.
Nita and her father invested in a Ponzi scheme and lost their money. A Ponzi scheme is an investment scan that pays early investors with money taken from later investors, thus creating an illusion of large profits. She lost a part of her savings and her father lost most of his retirement fund in this financial debacle. She writes, 'And that's how I found my WHY, my purpose.'
Using real life and imaginary scenarios, she takes the reader to a path of financial awareness. She tells her readers to ask themselves these questions-
-Have you created an emergency/contingency fund?
-Are you aware of your cashflows and your net worth?
-Do you have debt?
-How did you decide on the amount of life cover you need?
-Have you written down and set SMART goals?
-What is the rate of return needed to help you achieve your goals?
-Do you have adequate health cover for all the family members?
Starting each chapter with a pertinent quote, Menzes guides the readers on myriad issues like how to identify and overcome financial abuse and hurdle, how to choose life insurance, how to utilize tax benefits, what is a SIP and so on.
She writes: 'Most of the time, people think about money as one of their 'big"moments or goals when it simply is just a small part of what helps them get there. So, what does this tell you? Money is not a goal or moment in your life; instead, it's a vehicle to reach your goals.'
If you want to be financially smart, this is the way to go.
October 17, 2024
A guide to dealing with money & personal finance written especially for women.
In India, a country where only 27% of the population is financially literate, as much as 80% of Indian women struggle with personal finance. What keeps women from being financially empowered? What are the psychological barriers that come in the way of women managing their own finances & handling money? Especially when, traditionally, it is women who have managed household budgeting.
In this book, Nita describes the importance of early investing and why women need to be financially stable and should not depend on men for their expenses.
Highlights of the book-
1) The Language used is simple and easy to understand. Even a first time reader will easily understand the financial concepts.
2) The writing and schemes, information etc are well supported by examples, charts and tables.
3) The book has been divided into 6 different sections. Each section has been further divided into different chapters. Each chapter has its own importance and adds great knowledge value. Be it stock market, mutual funds, insurance or long term/short term instruments, emergency funds etc.
4) The guide is in a form of a information booklet which showcases the methods, why, what to invest and make future secure. I got to know about some new things which were the Ponzi scheme.
5) The author has also given some real life examples of her friend and how the lack of investment knowledge ruined life. Like Sheena, Sunita or Dr. Dipali. Etc.
The book is not only about managing money but also about financial independence, making it a must-read for every women seeking true financial empowerment.
In India, a country where only 27% of the population is financially literate, as much as 80% of Indian women struggle with personal finance. What keeps women from being financially empowered? What are the psychological barriers that come in the way of women managing their own finances & handling money? Especially when, traditionally, it is women who have managed household budgeting.
In this book, Nita describes the importance of early investing and why women need to be financially stable and should not depend on men for their expenses.
Highlights of the book-
1) The Language used is simple and easy to understand. Even a first time reader will easily understand the financial concepts.
2) The writing and schemes, information etc are well supported by examples, charts and tables.
3) The book has been divided into 6 different sections. Each section has been further divided into different chapters. Each chapter has its own importance and adds great knowledge value. Be it stock market, mutual funds, insurance or long term/short term instruments, emergency funds etc.
4) The guide is in a form of a information booklet which showcases the methods, why, what to invest and make future secure. I got to know about some new things which were the Ponzi scheme.
5) The author has also given some real life examples of her friend and how the lack of investment knowledge ruined life. Like Sheena, Sunita or Dr. Dipali. Etc.
The book is not only about managing money but also about financial independence, making it a must-read for every women seeking true financial empowerment.
Displaying 1 - 2 of 2 reviews