Timeless Financial Hacks

This Mother's Day, we launched a campaign to celebrate supermoms and their incredible ability to save money. We reached out to real mothers and asked them to share their best money-saving hacks, and the response was phenomenal. 

Drawing inspiration from these amazing moms, we have curated a collection of age-old hacks that have been passed down from generation to generation, yet remain as relevant today as ever. 

Here are our top 6 financial management recommendations that are still a bang for your buck:

1. Power of an Emergency Fund: Building an emergency fund has been a crucial financial practice since time immemorial, and its relevance remains steadfast today. Setting aside a portion of your income regularly creates a safety net that can protect you from unexpected financial challenges. It is a timeless principle that provides peace of mind and financial resilience, ensuring a secure future regardless of the era we find ourselves in.

2. A Touch of Gold: Gold is recognized as a valuable asset. Consider investing in gold as a long-term store of value. It can act as a hedge against inflation and provide stability to your investment portfolio. With its ever-appreciating value, investing in gold is going to stay relevant for years to come.

3. Real Estate: Real estate is the undisputed rockstar of investments in the world of finance. It's like that superhero friend who never lets you down and consistently delivers high returns. Real estate has always been the go-to choice for Indians, and it's here to stay, flaunting its ever-increasing value over time. So, while other investments may come and go, real estate stands tall as the OG money-maker for Indians. 

4. Always Think Long-Term: Think of long-term investments as the secret ingredient that adds flavour to your financial portfolio. Spice it up with mutual funds, stocks, or the ultimate money magnet - Xtra. Xtra is an investment product that will give you up to 12%* p.a. returns. So, invest now and watch your investments grow.

5. Insurance Planning: Indians have a knack for guarding their family's financial future. Keep your financial fortress strong by reviewing your insurance coverage regularly. Life insurance, health insurance, property insurance—they're the protective shields that shield your loved ones from unexpected financial villains.

6. Frugal Living: Experts in frugality, Indians can stretch a rupee like nobody's business. They've mastered the ancient technique of mindful spending, dodging unnecessary expenses, and are always on the hunt for that perfect value-for-money deal. 

Got more flavour to bring? Join the conversation and bring forth your mantras for financial management.