Women and Investment: The Essentials of Being Financially Independent

For one so-called reason, financial matters are often positioned as a male sole responsibility. As more women join the workforce today, the world is shifting towards gender equality even in the realms of investments. In this modern era, lots of women have been supporting [or at least making money] for their family or simply themselves. And now, they are planning their investments in order to be financially independent.

Based on the Global Gender Gap Report 2021 conducted by the World Economic Forum, Indonesia is said to close 68.8% of its overall gender gap, corresponding to a rank of 101st globally, although this year's gap is 1.3 percentage points larger than in the previous edition.

This decline has resulted mainly from wider Economic Participation and Opportunity gaps. The reason is said to be the sharp drop in the share of women in senior roles. Beyond the performance of this indicator, women participate in the labor market significantly less than men (55.9% of women and 84% of men) and wage and income gaps remain large (69.7% and 51.7%, respectively). In addition, 81.8% of the women’s employment is in the informal sector (compared to 79.4% of men).