The story of every middle-class Indian kid growing up is pretty much the same. Those monthly shopping and movie trips with the entire family in tow where your parents picked out the baggiest jeans for your ‘outings’, those Bata shoes before the new academic year began, those “tu kitni badi ho gayi hai, kal hi tho kareedha tha” everytime mom realises you’ve outgrown your school uniform. And amidst all that there is dad. Unflinching. One thing common to most dads is their financial wisdom. Haven’t we all watched our dads do the family accounts, budgeting and spending hours poring over sheets of numbers that made absolutely no sense to us as kids? But through it all, we pick up certain pearls of financial wisdom like the ones below.
Haven’t we all been through situations when you don’t have a single penny in hand and all of a sudden your bank balance is not in single digits anymore? Be it a hike, a good business deal or a kind relative who is the reason behind this sudden influx of money, those moments certainly do make us feel good, don’t they? Being the responsible mature adult that you are (or try to be), you curb your impulses to splurge all that money and instead set it aside, untouched. But of what use is it if it just sits in your savings account earning a paltry interest that is akin to your month-end bank balance? Let us introduce you to some options to invest that money and earn great returns!