This Raksha Bandhan, do it differently!
This Raksha Bandhan, do it differently! - By Nisha Trivedi 14th August 2019
Someone has rightly said that siblings are your only enemies you can’t live without.
As you know, Raksha Bandhan is round the corner! And for the brothers who can’t figure what to gift your beloved sister, we suggest you do something different, something that guarantees long term happiness. We’ve thought of the following ideas that will help her achieve financial's.
If she has a financial liability pay it off!
What better gift can you give than to pay off someone’s financial liability (that is if she has one), so reduce her financial stress she will thank you for it.
Buy her an insurance plan
Look out for your sibling by gifting them the protection of our comprehensive motor and health policies.
Buying her health insurance will make sure her hospitalization expenses are taken care of. Buy a plan with adequate coverage and secure her health. In return for inexpensive annual premiums that you can pay on her behalf every Raksha Bandhan, she will stay protected from the unexpected hospital bills and medical treatments. To get a health insurance quote click here.
Start a Systematic investment plan
A systematic investment plan will inculcate the habit of saving in her for her future goals.
Apart from that, money can also be invested in fixed deposits, public provident funds, pension funds to name a few. As a financial advisor to your sister, you can guide her about the market and towards resources so that she can start taking these decisions on her own.
Help her plan for taxes
Guide your sister through tax planning and take advantage of the investment options that reduce tax or help her complete the IT filing formalities.