News From Press Two financial gifts that every mother needs

Two financial gifts that every mother needs

Source: Mint May 12, 2021

Every year, many advertisements appear just before Mother’s Day regarding financial gifts that you can give your mom. Financial instruments like SIP (systematic investment plan) or insurance policies are typically recommended, among others. Most advertisements exhort children to set up a SIP or buy health insurance for the mother as she may not be financially literate. (How do these advertisers assume that the kids know any better?)

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