No gift is enough to express gratitude to a mother for the sacrifice she has made for raising her child. At least we can try to make her happy on Mother’s Day by ensuring her economic and social security.
“On Mother’s Day, you may want to make thoughtful gifts that can ensure your financial freedom, finance a long-term dream, or help you make travel plans around the world without any worries. Some cheap gifts will be appreciated by mothers in general and would make a big difference in their lives, “said Anil Pinapala, CEO and founder of Vivifi India Finance.
According to Pinapala, the 5 best gifts to give to your mothers on this Mother’s Day are:
The gift of good continuing health available from the benefits of health insurance and the security it offers with the concern of dealing with health expenses removes the worry from your shoulders while she can also travel anywhere without concerns.
Mutual funds in her name can help her save during her old age. Opening a mutual fund account with a lump sum of money or by SIP can give you the option to grow your money faster during your retirement years and have a lot of savings to be financially secure.
Finance a micro-enterprise for your mother
If your mother wants to start her own business after retirement, such as cooking classes, running a nursery, owning a craft and art store, etc., finance your mother’s business and help. to make the necessary arrangements to set up and manage your business. .
Savings plan for the elderly
Help her invest in a plan that is safe and currently offers a 7.4% five-year guaranteed return. If your mother is over 60, she will be eligible for it and will be able to get returns once every three months.
Plan a day trip, activities and gifts for her
Pamper your mom with a relaxing spa day. Give her a special meal at her favorite restaurant. Take her to buy to give her something she’s been looking at for a long time but wouldn’t buy on her own. And finally, watch the movies to have a fun time before saying it like a day. Otherwise, make reservations for a short break or a getaway for your mother if the traveler is willing.
“While we understand that planning a perfect day requires expenses, having access to an emergency line of credit can help you make all the necessary arrangements while allowing you to return in installments through simple installments without having to feel the burden. financing of a loan, ”said Pinapala.