Longer working hours of Financial Planning and Stories from Inspiring Women

Most of the organizations, in order to decrease the wage gap, increase the working hours of women. Working hours are increased to facilitate the wage gap but sometimes, firms make women work longer and don’t even increase their wage. It has been determined that a normal woman in her entire life will work approximately four years more than a man.

If you think that women are not only paid less for the work they do but also have to work longer, it will become easy to understand why women around the world are living in poverty. The only solution to all these problems is to gain an understanding of how finance can be managed effectively and how women can make the most of the money that they earn. Thus, you should gain financial knowledge if you want to improve your living standard.

From the information, this can be seen that women are constituting a major percentage of poverty in the world and also they are poorest more than men. The shape of women poverty is completely different from men. The reason is that they may face more difficulties and challenges in poverty. This is because their way of life is completely different from men and that is why poverty is a gendered experience. In many areas poverty in women is extremely difficult to be handled by them because of lack of information about income. In many societies of the world are involved in presenting gender norms. They are defining the role of women as manager of house task, as caretaker of all family members.

 On the other hand, the men role is that he has to earn for the house by working. Due to these gender norms, the women are extremely far behind and unable to stand in the society. This is one of the best evidence that is collected from these societies that women face more disadvantages in rights that men and also unable to receive more resources. There is also plenty of evidence that is showing that women in rural areas are more responsible and also facing a lot of challenges than men. Such gender discrimination and difference of roles are becoming one of the main factors of women’s poverty. For removing such poverty in women the government must have made some policies and programs. This will help them to alleviate poverty from women by minimizing gender inequality in rural areas. This will help women to maintain equality in rural areas.

From the past few years, it can be seen that there is number of people in the world are facing poverty. The air of poverty is also affecting those women that are living in a village. But now there is some reduction in poverty. Now many poor people are able to maintain both ends easily due to some advancement in the economy. Now the main problem that can be noted is that whenever any woman is poor then its rights are not protected in a proper way. They may face many huge problems in obtaining their basic rights. They may face such obstacles that cannot be overcome easily due to poverty.

Due to such actions, these women may feel deprivation in their living style. This will result in poor economic performance because the productivity of women is also essential for economic dynamism. Whenever women face poverty then its means there will be huge issue of gender discrimination because they will more be affected than men. There will be no respect for them in society. They are unable to find a respectful shelter for them and also not able to eat proper food. Due to this condition, they are also least to access any healthcare center. Such action will promote them to be trapped in domestic unpaid tasks or low paid tasks. Furthermore, the option to create their own business or work as independent is quite low. Getting adequate and proper information is also impossible for them to get. Such conditions will lead them towards suicide because they are unable to survive in society. The next drawback is that the women that are facing poverty will never achieve equal political voice because whenever the women in poverty she will face extra marginalization. The government is also not paying proper attention to their basic needs because nobody tries to hear their voices. Many countries are working on decreasing the effect of poverty in women. They have make societies that are making some policies for providing women a respectful life, a life where they are able to get proper education and also move with society.

The government of many countries is working on changing their policies for providing advance opportunities to women by giving some meaningful support, and by improving their laws. This will help the women to earn their economic rights and build their future. Their government is also working on collecting information regarding how poverty is affecting women and how this problem can be resolved. Many countries are working on decreasing the extreme poverty of women by giving them basic rights in a proper way.

Experience of women in poverty of Financial Planning and Stories from Inspiring Women

The next question is that how women face poverty? It can be seen that those women that are living in a poor household are facing problem because they are working hard for completing the responsibility of their family members. Their hard work earns no credit because this is unpaid household work. This condition can be seen in rural areas where the women are working in their houses by doing such activities for their family members. They work from dawn to dusk by collecting firewood and water in the morning then work in the kitchen and also clean the house. She also took care of the livestock and agriculture.

The reason is that she knows all of her responsibilities.  In rural areas, the women drudgery will lead towards time-intensive demands that are contributing to time poverty. All of these things really affect them because they lack income-earning opportunities. Due to such hard work and less time opportunity the women of rural areas may face many problems regarding nutrition and health. These women were also totally unable to give proper education to their daughters because they have to take care of their younger siblings. Due to this many young girls sacrifice their education by doing different household task for their siblings. The poor rural life for women is the only the one piece of pattern that is become the reason for their poverty. Many results show that in poorer households there are a lot of problems like education, no nutrition, bad health, and gender gap. The intergenerational cycle of poverty is made when there is no investment in girls. This is also responsible for creating inflexible nature of poverty in that country.

Why there is a need to focus on poverty of women?

It can be seen that there is no proper right are given to women that are living in poor households. There is a lack of equality in the rights of women as compared to men. If the government is able to maintain balance in right of both genders then it will be easier for women to earn and find the basic rights. The government also have to work on reducing poverty in rural areas, especially because their unpaid tasks are completely useless. From the information it can be seen that women are basically the economic actors. This can be seen from their daily unpaid task at home. They are always involved in producing food for their families. These women were also the initial caretaker of their children from their childhood to their young age. Their main income is that their children are doing something for society. From the previous studies it can be seen that many women in rural areas are spending their income on looking after their children health and food. They never spend that income on their health and nutrition. This is the reason why women are facing different problems regarding health. From different studies it is also concluded that those children are healthier in urban areas whose income is controlled by women. Nowadays still women are facing trouble in improving their productivity and enhance their efficiency. The main reason for this condition is that there is no equal access to these productive inputs to women in the market. The data shows that they are only owner of 15 percent of the land worldwide. In some areas women are working more than men with lower wages. There is also no proper protection in workplace because in some areas there is no standard labor. Due to this, many countries are focusing on making different policies and programs that are working on giving proper rights to women. This approach will help to maintain gender gap and also productivity gap. As it is discussed earlier, women are the economic actors. Then the government of each country must have to use women power in an essential way.

How can women poverty be reduced?

There are a lot of ways through which their poverty can be reduced. But for that, the government of every country must have to work on making new policies for women. It can be seen that many countries are working on reducing women poverty. The best way is that the investors have to increase their investment in agriculture production, also provide new opportunities for improving livestock. This is the basic way for reducing the poverty of women in rural areas. Another way is that the government must have to give small loans and some financial services poor women that will help to increase their confidence regarding banking system. If government is implementing some microfinance programs for poor women then it will help them to increase their income. Through this these women are protected from any financial loss.