Rakhi 2024: The festival of Raksha Bandhan, a symbol of brother-sister love, is near. With this, the festive season is going to start in the country, which will now last for months. This will help both the market and the economy. On the occasion of Raksha Bandhan, sisters tie a rakhi on their brother’s wrist and take a promise from them to protect them for life. Brothers also give gifts to their sisters on this auspicious occasion. If this Raksha Bandhan you are thinking of giving your sister such a gift which will not only be a gift but will also secure her future, then you have many options for this.
Give financial freedom to sisters
Nowadays financial freedom is considered very important. In such a situation, instead of giving any other gift to your sister this Raksha Bandhan, you can give her something that will help her become financially empowered. There are many such options available in the market that can make your sister’s future secure. We are telling you about the ways through which you can make your sister financially empowered on this Raksha Bandhan.
1. Gift a savings account to your sister
In today’s time, having a bank account is very important to make your sister financially empowered. If your sister does not have a savings account, then this Raksha Bandhan you can open a savings account for your sister in a bank or post office of your choice according to her needs. Through this, she will get the freedom to take her own financial decisions. Along with this, you can deposit some amount in the account which she can use when needed.
2. You can invest in stocks
This Raksha Bandhan, you can gift your sister the stock of a company in the share market. With this, you can invest to meet her future needs, but before investing in stocks, take advice from a market expert and invest according to your needs.
3. The gift of fixed deposit will be very effective
If you want to save money for your sister’s education or marriage expenses, then opening a fixed deposit account in the bank can be a good option. Through this, you can ensure your sister’s financial security. This is a safe investment option which is away from market risk.
4. SIP or Lumpsum investment in mutual funds
If you do not want to invest a large amount at once in a fixed deposit scheme, then you can provide financial security to your sister by investing a small amount every month through mutual funds. Through SIP, you can empower your sister financially by investing in installments gradually instead of investing a large lump sum amount.
5. Buy gold and silver coins or give gold bonds
Gold and silver have always been a favorite investment option in India. Gold and silver are a safe investment option with good returns. In such a situation, this Rakshabandhan, you can gift a gold and silver coin to your sister or you can also give her a gift like gold bond.
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