- May 2, 2022
- Posted by: Bastion team
- Category: World News
Book a medical check-up for her
Medical conditions can be effectively tackled if they are detected early. Doctors recommend that even young and healthy individuals should undergo medical check-ups at least once in 2-3 years. Those above 50 should get health check-ups more often. For Mother’s Day, book a full body medical check-up for your mom. A thorough check-up will detect if something is amiss, and could nip the problem in the bud. What’s more, up to Rs.5,000 spent on preventive health check-ups can be claimed as a deduction under Section 80D.
Find her a trustworthy financial adviser
Just like having a good doctor is a blessing, working with a trustworthy investment adviser can be very rewarding. Find a reliable investment adviser who can help your mother with her finances. Your best bet are fee-only advisers. They charge a flat fee for the investment guidance and don’t get any commission on the investment products they recommend. A good financial adviser will assess her investments and help optimise the returns by getting rid of junk. This has the potential to become one of the best gifts your mother ever got.
Start an SIP in her name
If her financial portfolio is not too large, your mother may not need professional advice. In such cases, a DIY approach will…