Valentine’s Day: Here Are The 5 Financial Gifts For Your Partner

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Start An SIP

A Systematic investment plan (SIP) is an option for people in love to plan future. One only needs to have documents for know your customer (KYC). SIP can be started of any amount in an equity mutual fund.

Travel Insurance

Travel insurance covers trip cancellations, medical emergencies, lost luggage, and flight delays. This also helps in trip interruptions, lost passports, and other emergencies can also be covered by this.

Pay A Part Of Student Loan

If one of the partners has a student loan, then the other can help by paying a one-time lump sum payment towards the loan. Making a payment towards any type of debt, such as a credit card or personal loan, can be a very considerate gift.

Financial Literacy Books

A wonderful Valentine's Day gift idea might be to present your partner with some classic finance books like ‘The Richest Man in Babylon’ by George S. Clason, ‘Think and Grow Rich’ by Napoleon Hill, ‘Rich Dad Poor Dad’ by Robert Kiyosaki, and ‘The Intelligent Investor’ by Benjamin Graham. 

Joint Investment Account

Creating a joint account and adding funds to it can represent trust and common objectives. Both parties can contribute to it and plan for joint goals such as a shared vacation or other financial aspirations.

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