Are Mothers The Best Financial Advisers One Can Get?
From asking us to save on a little something to jolting us for not keeping up with expenses, that motherly wisdom has always given us the best insights in financial planning. So, to refresh up your memories and give you all a feeling of nostalgia, we have rounded up some of the most crucial financial advice from the day to day incidents we’ve been seeing since childhood.
We all have heard this more than once in our lives. The FREE dhaniya always made her feel like the best negotiator and taught us that we should always try to add value to the purchase. Remember the smile she had after winning the battle?
Rewind to your college days and think of the days when you asked for some extra money for that party you wanted to go. She has always reminded us that money does not come easy.
That’s right! There might be things at your home that are older than you. And, you must be hearing the same from her for so long. However, it also taught us that it’s important things to make things last. Remember, old is gold!
Whenever she wanted to make a lot of purchases, she would ask for a discount on each product and in the end would play the card of purchasing so many things to get more discounts. That implies that one should go for a bundled purchase.
Mothers negotiate on every transaction-EVERY transaction! In fact, at times she has pretended to walk away for the vendor to wait for his call. We have also learnt that no matter what, never right to settle on the price quoted by the vendor.
These are some of the common ways our moms have taught us to manage finances. Do you have any ideas to share with us? Comment below!
Latest Articles
Upcoming Sale Calendar 2025 – Which Credit Card to Use & When?
10 Sep 2025
How to Save ?10,000 Extra This Sale With the Right Credit Card
10 Sep 2025
Best Credit Cards for Amazon & Flipkart Sales 2025: Save More This Festive Season
10 Sep 2025
Employee Provident Fund Organisation (EPFO): Complete Guide
03 Sep 2025
EPF vs PPF: Which One Should You Choose?
03 Sep 2025
Relevant Articles
How to Reduce Personal Loan EMI Quickly
29 Aug 2025
Credit Card Annual Fee Waiver Tricks
29 Aug 2025
Latest RBI Rules for Personal Loans 2025
29 Aug 2025
How to Get a Personal Loan with a Low CIBIL Score – A Complete Guide by IndiaLends
24 Jul 2025
Things You Didn’t Know Affect Your Credit Score
25 Jun 2025
FAQ’s
Loan against mutual funds (LAMF) allows you to borrow cash against your mutual fund investments as collateral. You can use Volt Money to lien mark your mutual funds digitally to avail an instant limit without losing the ownership of your mutual funds and all the associated benefits with it. Funds will be made available in the form of an overdraft facility.
The annual fee for the Axis Privilege Card is typically Rs. 1,500 plus taxes. This fee can be waived if the cardholder achieves an annual spending milestone, though the exact spending amount for the waiver can vary by card variant. For example, a common waiver condition is spending above Rs. 2.5 lakh in an anniversary year.
Luxe Vouchers are digital gift cards that can be redeemed across popular luxury and lifestyle brands such as Myntra, Flipkart, Pantaloons, and more. Once you qualify for the offer, the voucher code will be sent directly to your registered email ID or mobile number. In most cases, vouchers are delivered within 5–7 working days after successful validation of your transaction or application.
Yes, you can apply even with a low CIBIL score, but your chances of approval may be limited. Most banks and lenders prefer a CIBIL score of 750 or above for quick approval and better interest rates. If your score is lower, some lenders may still consider your application based on other factors such as your income, employment stability, or existing relationship with the bank. However, you may be offered a lower loan amount or higher interest rate. Improving your credit score before applying can increase your chances of getting approved on favorable terms.