ArticlesBase.com - Free Articles Directory
Free Online Articles Directory
27.07.2008 Sign In Register Hello Guest
Email:
Password:
Remember Me 
forgot your password?


Gift Wrap: Give Your Mother Financial Security

Author: aditi Author Ranking Blue | Posted: 14-05-2008 | Comments: 0 | Views: 4 | Rating:  (155) Article Popularity - Blue (?) Got a Question? Ask.
Sign Up Now!
aditi

The value mothers provide to the home through daily activities is massively underestimated. So with Mother’s Day just a couple of days away, it’s time to start a gift-hunting drive for the most important woman in your life. Two U’s play a key role in the selection of a gift — uniqueness and utility. Although flowers and cards are timeless gifts, they don’t score highly on the utility and uniqueness scales. Similarly, while the utility of jewellery and clothes is unquestionable, they lack the uniqueness quotient. So what do you do? No need to rack your brains looking for a perfect Mother’s Day gift…….

Here’s a suggestion. How about giving her something that would make her feel financially secure? If you are a working man/woman, read on and find out the best gift for your mother this mother’s day.

Gift an investment more on the lines of an insurance policy, one that would provide monetary benefits to support her in old age. Just in time to fund her monetary needs. Acquiring LIC’s Jeevan Bharti (a special plan for women) is a good option to do so. It will be an building exercise, which means that the benefits of the plan will be derived by your mother at a later date. This is a with-profits plan offered to women. It provides life insurance cover throughout the term of the plan along with the periodic payments on survival at specified durations during the policy term. The plan also provides the cover against affliction of certain Female Critical Illnesses.

You can also acquire an medical insurance policy for her since medical insurance is a must-have for everyone. In these days of expensive healthcare and rising expenses, health insurance is very important. Firstly life insurance will help her to get timely medical care that she needs to stay healthy. Secondly, it will take care of the emergency expenses that arise without any previous warning. The tax benefits on buying a health cover for parents — irrespective of whether they are dependents or not are an added incentive. The Union Budget 2008-09 has provided for an additional deduction of Rs 15,000 every year under Section 80D if you pay medical premiums for your parents. If you hail from a small or mid-sized town, you should look at a cover of Rs 2-3 lakh for your family. If you reside in a metro, then you should not look at covers less than Rs 4-5 lakh.

If she is a senior citizen with no income or does not fall into any income tax bracket, you can invest in 9% SCSS. High interest fixed deposits, too, will help in meeting liquidity and contingency needs.

Gold is an all-time favorite with women, so it makes for a great Mother’s Day gift. This apart, it is good investment avenue in volatile times like these and is an effective hedge against inflation. Also, you need not gift her physical gold alone. Depending on your budget, it could be a mix of gold ETF, gold funds or even gold coins. You will not be liable to pay a gift tax on the presents that you shower on your mother.

Rate this Article: Current: 0 / 5 stars - 0 vote(s).

Article Source: http://www.articlesbase.com/investing-articles/gift-wrap-give-your-mother-financial-security-414047.html

Print this Article Print article   Email to a Friend Send to friend   Publish this Article on your Website Publish this Article   Send Author Feedback Author feedback  
About the Author:

hi, My nane is aditi and i am woring as a content writer in data comp web technologies....i am fond of reading books and like to read and write good articles....i want to be a part of articlesbase.

Submitting articles has become one of the most popular means of generating quality backlinks and targeted traffic to your website. Join us today - It's Free!

Article Comments

Comment on this article Comment on this article
Your Name
Your Email:
Comment Body
Enter Validation Code: Captcha


Related Articles

Mother's Day Important Reminder - Thank Your Mother a Lot While She is Still Alive!
By: Ernie Zelinski | 08/05/2008 | Home and Family
Thank your mother a lot while she is still alive - and not only on Mother's Day. Clearly, you will deeply regret it later if you don't.

Happy Mother's Day - Wish Your Mom and Make Her Day Wonderful
By: Divya | 07/04/2008 | Gifts
Mothers Day is an occasion to make your Mom feel on top of the world. Show her your love and affection and make her day wonderful with beautiful gifts, Mothers day cards and flowers.

Mother’s Day Made Easy
By: Jen H | 02/05/2008 | Food and Beverage
When my mother is driving me nuts fussing over the little stuff, I completely forget how great she is and I know you do the same. But don’t let that feeling stop you from giving her a perfect Mother’s Day this year; we’ve got a complete guide with everything you need to get ready for each of the four classic mom types. If you do it right, she’ll forget about the missing presents, late phone calls and the times you spent the day with your ex’s family.

Taking Control of your Finances.
By: Debra Lohrere | 13/04/2006 | Finance
Discusses how to start taking control of your finances so that you can find money to invest for the future.

The Benefits of Internet Marketing
By: M and J Pietras | 22/03/2008 | Business
THIS IS A JOB!! I know the most important of all is the TAX BREAKS with Internet Marketing. When you have a Home Base Business you can make at least 3000.00 just in tax breaks. “ its not how much you make its how much you keep”. 45 minutes a day for 5 days is considered a home base business and you reap the benefits from the tax breaks.

Racing Grannies Possibly the Best Wind-up Toy Ever Invented!
By: Find-me-a-gift | 15/03/2007 | Marketing
Possibly the best wind-up toy ever invented, the Racing Grannies are to geriatric speedway what Ferrari is to Formula One.

Mummy : You are My World
By: Julia Thomas | 03/05/2008 | Art and Entertainment
Mother's Day is here and you have ample opportunities to thank her.Mother is very special in every persons life, send lovely message to your mother on this Mothers Day.

Giving Mom the Gift She Deserves on Mother’s Day
By: Jon | 29/04/2008 | Holidays
Make your Mom feel like the Queen she is by following these simple suggestions on her day.

Got a Question? Ask.

Ask the community a question about this article:

Frequently Asked Questions

How to deal with a family member who keeps ...
By: kat | 15-07-2008
how to deal with a family member who keeps bringing up the past?I  have  a sister who wants nothing to do with me but recently my kids came for a visit and she told them of my past which i didnt want my kids to know it happened 30 something years ago and she will not stop I told her how I feel it doesnt matter.She calls me the worst sister and that I'm dead to her,then she drug my daughter in law into the mess and my sister said to her(my daughter in law) I call her a unfit mom which isnt true how do difuse this? and repair my realationship with my sons and daughter in law???

Indian roots
By: Patricia Yaddow | 15-07-2008
how can I prove my grandmothers Mohawk Indian blood?qt=q

Just my old school date new castle pa want to say hello
By: gasflow315 | 15-07-2008
marnell doster lived in new castle pa where is sheat in allentown

Joseph salvatore debona
By: gina | 14-07-2008
how do i find out things about my dad

Looking for members of Lottie Wilson Emanuel ...
By: Bettie Wilson Mcnair | 14-07-2008
Looking for members of Lottie Wilson Emanuel family in Cheraw Sc she was my grandmother


By: beerlady2 | 14-07-2008

Q&A Powered by:
Powered by Yedda 

Latest Investing Articles

Tenant in Common Properties: Several Co-Owners with Different Shares in the Ownership
By: Kathryn Landry | 26/07/2008
The simplest answer when it concerns learning more about what are tenant in common properties is that it is a form of co-ownership of property in which two or even more people can have part interest in an investment property.

Everything You Need to Know About TIC: Reserves, Financials, Proforma
By: Kathryn Landry | 26/07/2008
The TIC investment is one of great popularity, one that offers many advantages but which also holds many potential risks. In this investment, multiple qualified property owners come together in order to purchase a property or piece of real estate.

Make Money Investing in Gold Coins
By: Dave Simpson | 26/07/2008
Krugerrands are gold coins that were first minted and issued in 1967, and have been produced every year since. They are legal tender in South Africa but because of far sighted attitudes from their makers they have been imported into many countries without import taxes, duty or VAT. This has made them easily available at good prices over the intrinsic value of the gold they are made from, and therefore an attractive proposition for private gold investors.

The Importance of TIC: Visiting the Property
By: Kathryn Landry | 26/07/2008
There are many things that you should do before going through with TIC financing, one in particular involving TIC: visiting the property. Before you choose any investment TIC property there are several things in particular that you should be aware of.

Forex Trading Mentors
By: Mac X | 26/07/2008
I have personal trading mentors who have been in the business for twenty-five, thirty years; the number one reason why I believe it takes people sometimes years and years and years to learn a skill like trading is because number one; they don’t have a coach or mentor. That is the reason why I insisted on being able to have one on one contact with every one of my members. You need to have a mentor. You need to have a coach.

Annuities: Can Your Annuity Do This?
By: Tony Bahu | 25/07/2008
Many people buy annuities according to their agent's recommendations. However, many people do not even know what they own. It is a good idea to take inventory of your investments, and particularly your annuity.

Get Into Krugerrands
By: Dave Simpson | 25/07/2008
Krugerrands are gold coins that were first minted and issued in 1967, and have been produced every year since. They are legal tender in South Africa but because of far sighted attitudes from their makers they have been imported into many countries without import taxes, duty or VAT. This has made them easily available at good prices over the intrinsic value of the gold they are made from, and therefore an attractive proposition for private gold investors.

Off Plan Property Investment in Italy
By: Jenwa | 25/07/2008
If you have considered property investment, then looking to buy off plan is a great way of investing your hard earned cash.

More from aditi

Play Now, Pay at Ease
By: aditi | 07/06/2008 | Travel Tips
This article will help you to learn that there is no need to carry a lot of cash with you while you r travelling which would cause u a life threat. instead this article will explain the various methods to pay later on

Teaching Your Kids About Money
By: aditi | 14/05/2008 | Investing
this articles explains the importance of teaching your kids about money....

The Secret of Becoming Rich
By: aditi | 14/05/2008 | Wealth Building
this article contains the various ways of fulfilling the most important dream of everybody's life......pls read ahead to reveal the secrets of becoming rich

How to Read an Insurance Policy
By: aditi | 14/05/2008 | Insurance
this article clears all the myths about insurance and explain the various ways of understanding an insurance policy

The Trouble-free Way to Claims
By: aditi | 29/04/2008 | Insurance
this article states the various ways to make insurance claims

Key Habits to Make Your Business a Big Success
By: aditi | 29/04/2008 | Business Ideas
here are some key tips which can help your business grow to the limit of the sky

Go for E-filing to Avoid the Last-minute Rush
By: aditi | 29/04/2008 | Taxes
this articles states the procedure of paying taxes online.........

Is Life Insurance Necessary?
By: aditi | 18/04/2008 | Insurance
this article states the importance of life insurance in ones life. this article also specifies the important role which life insurance plays in an individuals life, there are also certain does and don'ts about which one should be aware while buying an life insurance.

Article Categories






Give Feedback

Sign up for our email newsletter

Receive updates, enter your email below