MOM'S MONEY MATTERS

Looking for some sound financial advice? Take money lessons from your mom, and get your finances sorted, says Akanksha Dharmani

- Akanksha Dharmani

Mothers have been the finance ministers at home for years. So when we had a few of them share their money saving tricks, we were all ears. We bring you the best of their advice that will surely work!

Gilded Stash

“Set aside 5 to 10 per cent of your money every month and buy raw gold with whatever amount you save, be it 10k or 50k. Keep it in a locked compartment, and forget about it (unless an emergency comes up!),” shares homemaker Sunita Mukar, 45. Gold is quick cash and one of the fastest appreciating assets. If you are just starting your investment journey, traditional investment methods like gold and fixed deposits are a safe bet with least risk.