​Your checklist to becoming an W-investor

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Hola Momies! First up we have to lay it out..

An W-investor is a combo of:

  1. Woman investor
  2. Winning investor

If you are new to investing, then we have a fun checklist here for you to find out if you have the makings of becoming an W-investor. Read on,

     ●  You make a budget every month for                      expenses: if yes then you have a discipline            to identify your cash flow. You can surely             graduate to Goal-setting for your family               and tread on the path of Financial Planning        – a must for becoming an W-investor.

 

  • You have a kitchen garden: or some home plants. When you nurture plants, you learn to have patience because there are no quick spurts, fruition takes time. This is true for investing also. A sense of time horizon is key for an W-investor – you get returns over time.
  • You compare prices in supermarket: you are either the kind who compares or you are not; there can’t be a mid way. There’s good news in store if you compare because same buying behavior will also apply to financial products and instruments. Say while purchasing Insurance you have to compare premiums or while opening an FD you have to compare rates offered by banks.
  • You like experimenting different things for family: Despite knowing your choices clearly, you like to dabble with different cuisines for family, signing up for new apps, exploring news brands in groceries.. You feel calculated risks are important to experience a variety of things.  You have thw truest grain of an W-investor because investing comes with some amount of risk for sure. And no risk is no gain.
  • Even if small, you save a sum every month: Be a proud mom for being able to save because most people are not. There are various instruments which can work with small amounts but when consistently done, can payback well. Own the badge of W-investor guilt free because your SIP may just be the smartest investment around.

 

 

What’s your dream, Mom?

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There ain’t a  mother without dreams for her children. This is true for fathers too but nothing like a mother’s innate love and desire for her kids’ bright future.

Through cinemas, tv commercials, and other media forms, we have grown up picturing a sacrificial mother – Mother India rings a bell? Giving up her own pursuits, subjecting herself to odds at work or around the house yet giving unflinching, unrelenting care is the hallmark of an Indian Mother.

But honestly, other than your love and encouragement, what does your child need to realize those big dreams? The right answer would be – Financial Planning. Have you thought about back of hand calculations of cost of child education? Right from start to higher studies. In future it may touch a few crores. And what about expenses along the way – lifestyle, indulgences for him / her like a holiday, a swanky gadget, special coaching if your child is in performing arts or sports? And Oh wait! The big fat indian wedding is not even getting accounted for. Let’s not get there, as they say.

We know raising kids is by no means economical. Then why not be smart about it and have an investment plan around it? Merely saving up is not sufficient since inflation bites hard into savings. Today’s earnings have to be channelized to meet demands later. Question is, how do you do it? Well it’s nothing short of a scientific process, but an easy one. Through this blog, we will be your friend and guide to make dreams possible. We will give out simple tools, methods and suggestions so you would be able to set your personal & financial goals, make right choices of investments and accomplish your goals.. So you Mom, won’t just be a dreamer, but also an achiever.

Break the Mould


A true journey is over when we really cover a distance. This distance will see some discoveries, some additions or some changes along the way. Momeywise is also on a journey, a start of a journey, to be precise; and we are urging fellow women to join us. One thing we are sure about getting out of this journey is Breaking the Mould.

Our financial habits have shaped up due to multiple reasons over time and they die hard. As much as we have wished to get caution in spending and bring discipline in planning or investing, a lot remains desired. However, if we persistently try, we can break the mould & take charge. And much to our surprise, reap benefits too. Here are our top 3 recommended ways:

  1. Look at the big picture: You may be a habitual saver but ever increasing prices will outgrow your rate of savings and then what? What you need to do is invest and not only save. Your invested money will grow to give you returns over and above inflation.
  2. Tackle the fear: Do you feel the market movement, calculating RoIs or mutual funds is beyond you? They are complex or boring? Seriously think again. Its nothing to be afraid of. There are professionals who can help, tools that are handy and best of all – transactions that are quick.
  3. Today is a good day: Age, burgeoning expenses, uncertainties – the more you delay, the more you lose. On the other hand, the longer you give time to investments, the higher the growth. We will start illustrating with simple numbers shortly. But for now, we can’t stress more about starting asap.

It’s easy to not to try. But that’s not us women. We are known to adapt to various roles, most times with zero training. If we decide to break the mould, WE WILL.