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The dangers of being financially indigent for a woman

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Written by ย ย 198
1 year ago

The topic of the article I am going to write today is about "The dangers of being financially indigent for a woman". I am a Bangladeshi woman .Bangladesh is a developing country but it would not be wrong to call Bangladesh a poor country. In a country where men do not get a proper assessment of their qualifications, there is no room for telling how horrible the condition of women can be. If there is a patriarchal society above it.

In a recent study, it was found that women were more likely to be impoverished than men. Is this because society places more expectations on them? Or is it because they are unable to make the same amount of money as men do in the workforce? The answer may lie somewhere in between, but there's no denying that these findings show a problem with our modern day culture.

This is partly because women don't have the same level of savings as men which means they're not able to save and invest in order to maintain a steady income. Women also take time off from work for childbirth and childcare, which puts them back at square one financially if their partner leaves or dies.

Bangladesh is one of the poorest countries in the world. It has a population of 160 million people, and over half live on less than $2 per day. Your average Bangladeshi earns about $1,000 annually. That's less than the cost of a new iPhone! or $42 per month. This is significantly lower than the global average income for men ($5,100) and women ($3,600).

The poverty level has increased dramatically over the last decade and it's not expected to change. With so many people living without basic necessities.

What is financial indigence and how do you know if you're in it?

Financial indigence is a term that means being so poor that you are unable to afford the basic necessities of life. This can happen for many reasons, but most often it occurs when someone has lost their job or cannot find employment. It's important to be aware of your situation before getting into debt because being insolvent can lead to even more problems down the road.

The best way to prevent this from happening is by continuing with good habits like saving money or investing in stocks while building up income streams through side hustles. And if your finances have taken a turn for the worse, then it's time to get help!

"If you're a woman, chances are you've been told at some point in your life that someone else will take care of all your financial needs. Maybe it was your father or brother who said they'd take care of everything if anything happened to them. Or maybe it was the man you were dating and he promised all sorts of things to get what he wanted out of you."

"But now, as an adult on her own, this is not the case. You may be wondering how women can get out of financial indigence but before we dive into that question let's first cover what causes women to fall into such dire straits."

"The truth is that there are many reasons why financially independent and even affluent women.

The average woman spends her whole life trying to make the best out of a situation. In some cases, women are stuck with husbands who aren't good providers for them and their children. She may have been born into poverty or had a bad childhood that caused her to struggle financially as an adult too. No matter what the circumstances, it's important for these women to know they're not alone and there is help available if they need it!

Women are often overlooked as financial decision makers. The truth is that it's not always easy to know what to do with money when someone else can control how much you have, where it goes and whether or not you'll ever see any again."

We're told to ask our husbands about money, and we're constantly bombarded with articles that tell us how to better please our partners in bed or how to cook the perfect meal. And yet, no one ever tells you what your best bet is for saving for retirement. Women need a voice on finance so they can take control of their finances and stop worrying about it!

The dangers of being financially indigent for a woman

The financial struggles that women face in today's society are not glamorous, and the consequences can be dangerous. The dangers of being financially indigent for a woman are not just physical violence, incarceration and homelessness. These risks also include emotional mental abuse at home from an angry spouse or parent who could take that anger out on the person living in poverty's body instead which leads us into an even scarier state: victimhood culture where people believe they deserve what happens to them because society expects it; feeling like there is no way out until finally succumbing under pressure + low self esteem.

Starting to save money now is important because as you get older, it's easy for your needs and expenses (like college tuition) to spiral out of control.

Maintaining a healthy spending plan while in school can make all the difference between success early on - even before considering loans or grants! Now is the time to start saving for college and retirement! Young girls can have more money now, which will make it easier when they're older.

What better way is there than starting from your children?

Saving money is tough, but it's not impossible .It is very important to educate girls well . It is never too early to teach your daughter about finances. Ways you can start saving money now so when she grows up, her bank account will be strong and ready for any unexpected expenses!

Little girls can start saving money now so they will be more prepared for when the time comes. There are three things young ladies should do: save up each paycheck, invest in an emergency fund and then use any spare change as a piggy bank!

Conserving money and not spending it on unnecessary things can be key in being able to save some extra cash, which will make you feel more secure about your future prospects financially speaking!

It's important for us all to address the problem of female financial insecurity by supporting policies that help women get ahead financially. The world needs your voice, and if we have any hope as a society it starts with people like you!

Author's message

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๐Ÿ‘‰ The world is changing and so is the way we save our money. The days of stuffing cash under your mattress or in a bank are over, now we have Bitcoin Cash! It's time to leave behind fiat currencies that can be printed at will for something more reliable. A sound money with a fixed supply such as Bitcoin Cash offers stability and security not seen before in any monetary system. The future of finance starts here, where you control your own destiny by controlling your own private keys.

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1 year ago
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Comments

The population is a huge problem and it is better to control that. If you can't feed yourself it's hard to feed a child. My grandfather wanted his children to not depend on a man (man can lose their job, get I'll, leave, die and what if?). It feels good to have an income of your own. To know you can manage without help. Not working is not the solution and poverty will only increase. You'll see what the y planned for us. ๐Ÿ€๐Ÿ’–

$ 0.00
1 year ago

It's a nice approach that touches on a problem related to the place of women in society. Yes, if women have financial freedom, they can resist disrespect. As a man, I believe that women should have economic freedom. No woman should have to do humiliating things just because she has no money or can't eat. As for poverty, your suggestions are actually suggestions that take place in the current capitalist order. This is not just a problem for Bangladeshi women. There are many poor people in the world. You gave the iPhone price as an example. Is an iPhone necessary to survive in this world? Giant corporations rule the world. We are their slaves. In fact, we can get out of this poverty if we don't follow the rules of capitalism. We must return to nature. We have to grow our own products. We should not be slaves to the technologies they develop. We can collect mushrooms from nature. We can get some food by finding the nests of honey bees. Then we grow our own products. We do not allow giant companies to control our lives with the technologies they develop. We have control. Let's cooperate with nature and banish giant companies from our lives. Let's go back to ourselves. We can do this. Imagine it, make it real.

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1 year ago

You have beautifully presented to us some realities on how we can make ourselves financially prosperous. t is not a single problem, it is like a social disease all over the world that surrounds us. Although the problems have been created for many years, it is not possible to solve them in an instant, but we can work together and that is what we need to implement.

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1 year ago

Unlike other countries, Bangladesh is not a woman's sem. In Bangladesh, women's financial crisis is caused by their own families and male-dominated society. Every step creates obstacles. But they also want to keep the women locked up in the house. He can't do everything even if he wants to.

$ 0.02
1 year ago

The social system of Bangladesh is very narrow. Especially women .The main reason is that women are not financially self-sufficient and women are not usually given the opportunity to be financially self-sufficient by society or family .From birth to death they are dependent on others, after birth they are dependent on parents then dependent on husband then dependent on children .But now the era has changed and women are also working alongside men and trying to establish themselves so we have to be aware and move forward otherwise this narrow society will be stuck like a chain on women and on the feet of our next generation forever.

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1 year ago

Poverty starts gradually, not taking any action against it is the problem.

$ 0.00
1 year ago

But but but...the saving must be in sound money, not in a fiat money bank account, you need money that can keep its buying power over the long run. With some price inflation in fiat, the savings stagnate even if you add some to your bank account every month.

$ 0.00
1 year ago

I understand. There can be no other suitable sound money savings from Bitcoin Cash. Thank you so much for reminding me and thank you for Encourage me Sir :) .

$ 0.00
1 year ago

Nowadays, being financially stable is important

$ 0.00
1 year ago

Of course, it is very important for everyone to be financially stable, especially for women.

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1 year ago

It's good to have a side hustle or business, so you won't be taken unaware by your employers

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1 year ago

To be poor financially is a kind of sickness that need an urgent attention

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1 year ago