Women better men at managing money

Hyderabad: TEDx Hyderabad Women 2018 Meet was held here at Wells Fargo office in Rayadurgam on Sunday. The three distinguished speakers, who addressed over 200 attendees, include: social entrepreneur and advocate Anusha Bharadwaj, Executive Director at VOICE 4 Girls; Sanjay Jesrani, Founder & CEO of Go North Ventures, an angel investment and advisory firm, focused on investing in and mentoring startups; and Dr Evita Fernandez, Managing Director and 70-year–old senior obstetrician of Fernandez Hospital for Women and Newborns.

The theme of the meet was ‘Showing Up.’ Show up at right place and right time and it is a time for showing up together, said Ekta Vivek Verma of the SAHE Foundation, a city-based not-for-profit organisation. The venue chosen just in the backdrop of the largest living rock formation inside the building at Wells Fargo served as the perfect setting for the meet. The natural rock formation that is incorporated into the ground floor of the Enterprise Global Services building of Wells Fargo is named the “largest natural rock formation in an office building by Limca Book of Records. The venue and the rock formation added a new dimension to the TEDx Hyderabad Women event.

Dr Evita Fernandez said moms have the right to have a companion in the delivery room. She should not be left alone in the delivery room in the company of strangers. Birth companions give her psychological support which she needed in the labor room and women trust her companion. Birth is a significant moment in everyone’s life. Women should know her rights. We must teach her human rights in childbirth, Dr. Evita told.

Earlier, the organisers while introducing Dr Evita, announced that city’s household name in health care which is also known for natural births, Fernandez Hospital Health Care for Women & Newborn is converted into a foundation. Dr. Evita and her financial advisor Sanjay Jesrani of Go North Ventures also confirmed this while interacting with media. The profitability of the institution which runs into several crores is now given to the foundation. Accordingly they made changes in their website.
Dr. Evita Fernandez, according to Snajay Jesrani, hopes to make the formal announcement of her move through a press conference in January 2019. The industry sees it as the biggest ever philanthropic initiative in the recent past in this region.

It is generally perceived that women shy away from learning and applying financial tools and skills in their life. Women think that managing finance in the family is not their job. And they think that is the job of their spouse or male head of their family. But, in reality, women are much better in managing money at every level. says Angel Investor Sanjay Jesrani, Founder & CEO of Go North Ventures.
He spoke on ‘Finance Leadership in Women.’ “We need more women in finance to check frauds, he said. Women and finance go well. Finance is not a rocket science, which can be picked up with a little bit of effort,” he stressed.

Social entrepreneur and gender advocate Anusha Bharadwaj, said it is normally believed that girls from good families should not report violence against them. VOICE 4 Girls wanted to break that science. Speaking further, she added that India was home to over 113 million adolescent girls. Only 30% of them graduate from Class 10. Almost 50% are married before the legal age of 18. VOICE is a social enterprise that enables marginalised adolescent girls in India to re-imagine their identities, capabilities, and futures.

“We conduct activity-based camps where girls acquire critical knowledge, spoken English and life skills while they grow in confidence and self-efficacy. VOICE camps act as role models and mentor to the campers. Our goal is to reach enough girls in India to impact national-level indicators — retention in school, child marriage, and health. Through activities and programs we have impacted more than 14,000 campers in Andhra Pradesh, Telangana, and Uttarakhand; and impacted almost 55,000 girls indirectly,” shared Anusha Bharadwaj.