For Mother’s Day, many people often scratch their heads over what to gift their mother. The usual traditional gifts include taking her out for dinner with family, a dress, personal accessories, flowers, chocolates, etc. On this Mother’s Day, do something different. Give your mother a financial gift that will grow in value over a period ...
Investing in mutual funds has become increasingly popular in recent years as investors seek higher returns compared to traditional options like fixed deposits, post office schemes, and LIC savings plans. While mutual funds are still associated with some level of risk, they are considered less risky than direct investment in the stock market. In this ...
Imagine you have a big piggy bank, but instead of filling it with coins, you’re filling it with pieces of a puzzle. Each piece is like a small amount of money that you’re saving. This is what we call an investment. Now, let’s say you decide to add one puzzle piece to your piggy bank every ...
Imagine you want to buy a toy that costs Rs. 500, but you only get Rs. 100 as your weekly allowance. You really want the toy, but you can’t afford it right now. So, what do you do? You save! Every week, you put aside Rs. 100 from your allowance. After five weeks, you have ...
Imagine you have a big dream to buy a super cool bicycle that costs Rs. 1 crore. But, you only get Rs. 100 as your weekly pocket money. It seems impossible, right? But there’s a way! Let’s say you decide to save your pocket money every week and put it in a magical piggy bank. ...
Think of a mutual fund as a big jar of cookies. Each cookie in the jar represents a different type of investment like stocks (which are shares in a company) or bonds (which are like loans to a company or the government). Now, imagine you and your friends want to buy cookies from this jar, ...