In this article I will say you what is Rakshabandhan if you interested this article then learn more
What to Gift on Rakshabandhan – Rakshabandhan is an auspicious occasion when sisters tie rakhi on the wrist of their brothers. Along with this, sisters also get gifts from their brothers according to the old tradition. Here are some unique Raksha Bandhan gift ideas for sisters, which will make your sisters strong and independent.
August marks the beginning of the festive season in the country. Raksha Bandhan (2022), a festival celebrating the sacred relationship between brothers and sisters, falls in this episode. On August 11, the festival of Rakshabandhan will be celebrated across the country. From e-commerce websites to shopping malls and haste bazaars in remote villages, everyone is ready for Rakshabandhan. Rakshabandhan is the auspicious occasion on which sisters tie rakhi on the wrists of their brothers. In addition, sisters receive different gifts from their brothers as per an old tradition. Following are some unique gifts that will make your sisters strong and self-reliant (Raksha Bandhan gift ideas for sisters).
Financial freedom has become a popular term in today's society. The real meaning of this word is that you should not have any debt or borrowing. Apart from this, you should also be prepared to meet any emergent needs. Planning, saving and investing is the only way to prepare for it. Apart from this, products like personal insurance and medical insurance play a vital role in giving financial freedom to the people. The meaning of financial freedom must be understood so deeply that no one can give a better gift than this.
Indians prefer to invest in Fixed Deposits/FDs. Investing in this way is one of the safest options. Although the returns are slightly lower, but with the continuous increase in the repo rate, the interest on FD has also started increasing. During Raksha Bandhan, you can get a fixed amount FD in a bank in the name of your sister. If needed, your sister will be able to get some big amount in future, which can be very useful for her.
If you do not want to invest a large lump sum amount or cannot make a huge gift at one go, then you can invest in mutual funds. Start a mutual fund in your sister's name and gradually keep accumulating the money in installments. It will not load you in one go and will also deposit a good fund for your sister.
Health insurance is the most useful thing in uncertain times. Telling never hurts anyone's health. The cost of treatment has skyrocketed in recent years. Thousands of people get injured only after being hospitalized for a few days. In such a situation, by getting health insurance, your financial health is saved from ruin. A Raksha Bandhan gift can also include health insurance for your sister.
It is also possible to buy gold physically, such as gold coins or jewelry. However, physical gold can be lost or stolen. You can avoid this hassle by buying digital gold. Digital Gold can be sold and redeemed within minutes, if required. So instead of giving gold ornaments to sister, it is better to give her digital gold-paper gold.
Stock culture has become popular in India these days as well. With the right strategy, you can earn many times more in the stock market than in FD. If you want to give long term financial help to your sister then this is a better option than FD. What are you waiting for… Get a demat account in your sister's name, buy some quality stocks, and decorate it for Rakshabandhan.
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