Rakhi or Rakshabandhan is about a brother promising to protect his sister, although these days sisters are tying ‘rakhis’ to each other as well. And why not? We’re all about equality of the sexes, aren’t we?
Whether you have a brother or a sister, here are some smart ideas about what to demand from them this Rakshabandhan:
1. CREATIVE HOBBY CLASSES
Many of us don’t end up making time for creative pursuits, which are every bit as important as work and leisure. Whether you are experienced artists or just curious about an art form such as photography or learning a new musical instrument, get your bro to fund it. It’ll be added incentive to stick it out longer!
2. FREEDOM FROM DEBT
Money gifts hold significant meaning when, even if in part, they relieve you of serious anxiety. You could ask your favourite man in the family to pay off some of your debt. Even if it’s in part, the relief that the gesture offers, is bound to strengthen the bond for years to come.
3. SKILL-BUILDING WORKSHOPS
Learning and development courses in addition to your degree or diploma can provide a huge career advantage. Now that so many of them are online, you don’t even need to worry about traveling to take classes. Your sibling can get you no better gift than an academic or skill-based course that will help you get ahead.
4. LONG-TERM INVESTMENTS
Traditionally, cash has always been considered THE perfect gift for Rakhi, but it’s hard to fight the temptation to spend it on something frivolous. Instead, ask your sibling to invest in fixed deposits or mutual funds in your name, for a gift that keeps growing over time. Make this your new tradition!
5. FINANCIAL PROTECTION
Replace the symbolic gift of cash with an actual financial safeguard, i.e. an insurance policy in your name. It can never hurt to have an extra fallback for any kind of emergency you may face, so if you already have life insurance, ask for health or disability coverage, or even an upgrade to your existing plan. This year, forget about done-to-death gift ideas such as cash, jewellery, clothing or shopping vouchers. Make smarter demands, for gifts that are more meaningful and longer-lasting too!
New Investor? Request a Callback.
Fill in your details and we will guide you at every step
other blogs
Smart Lifestyle May 6, 2024
Mother’s Day Gift Ideas for 2024
Mother’s Day is right around the corner, and we know just how hard it can be to find the perfect mother’s day gift ideas to truly wow that amazing mom in your life. But don’t sweat it – we’ve got you covered with ten foolproof mother’s day gifts for mom that are guaranteed to show … Mother’s Day Gift Ideas for 2024
Smart Money April 30, 2024
Fixed Deposit vs Recurring Deposit: Which is a Better Option?
You might be wondering, what is the difference between FD and Recurring deposit? And between FD or RD which is better? Is there any benefit of FD over RD and vice versa? Well, allow us to clear all your doubts with this blog. Keep reading! What is a Fixed Deposit? Fixed Deposits are fixed-term investment … Fixed Deposit vs Recurring Deposit: Which is a Better Option?
Smart Money April 25, 2024
New KYC Rules: Here’s what you should know if you are a Mutual Fund Investor
What is KYC? KYC stands for Know Your Customer which refers to the process of verifying and authenticating the identity and address of all customers and clients by banks, insurance companies, Mutual Fund companies, and other institutions they are availing financial services. What is the change from 1st April 2024? SEBI issued new guidelines on … New KYC Rules: Here’s what you should know if you are a Mutual Fund Investor