This Rakhi, Gift a Habit...
It's time to change the age-old traditions. Here are ReadOn's top picks!
Raksha Bandhan is just around the corner. So what are you planning to gift your sibling?
Their favourite outfit, jewellery, gadgets, or cold hard cash?
Argh. The same age-old options. Times have changed. Why not surprise your sibling with something new and unexpected!
Something that they will remember for years to come. Something that changes their habits and life. The power of that gift is in your hand.
Here are some top picks from the ReadOn team:
Bankless Debit Cards
Yes. That’s right. If you have a teen sibling who has not started earning yet, you can consider giving them a bankless debit. It’s pocket money in the form of a prepaid card that you recharge every once in a while. There are a lot of fintech startups in this space. But, how will it change the life of your baby brother or sister?
By inculcating good money habits. The user-friendly interface of these apps encourages kids to track their expenses and set saving goals. You can even bribe your sibling to fetch you a glass of water in exchange for giving them extra pocket money :P
Reason why your sibling will love it? Startups such as Fampay give customisable cards. You know how kids like flaunting such things in front of their friends!
Reason why your sibling might not like it? They can no longer spend their money on movie tickets and lie about it, saying "it got used up for project work". While you won’t get to know where exactly they have spent, you will still get a basic breakup of the categories of their expenses.
Stocks, ETFs and Gold Bonds
If your sibling is lazy about investing, this is the best opportunity to charge them up. Open a demat account for them and give them the gift of investments.
If you have an account in Zerodha, you are in luck. Gifting in Zerodha is smooth and easy (Here’s a step by step guide). If you have an account with other demat companies, the process is not as smooth, but still workable. And well, what’s a gift if you don’t pour your love and efforts into it?
Books, Books and Books
These never go out of fashion. The gift of reading is the best gift that you can give to anyone. While gifting a book, keep in mind the taste of your sibling, but also make sure they learn or explore something new.
For example, if your cousin is into detective thrillers, but they are always reading Agatha Christie, give them a Dan Brown book.
Here are some all-time favourite book picks by our team:
Tuesdays with Morrie: If someone is very new to reading, this is the book that you want to gift them. They will fall in love with reading.
The Power of Moments: How can one create such extraordinary moments in the lives of people that they will remember those for life? Isn’t this knowledge worth tapping?
The Art of Thinking Clearly: This book will inculcate good thinking habits, as it deeply explores our psychology.
Harry Potter Series: Reading this series has hands down been the most pleasant and magical memory for all the co-founders at ReadOn. We are Potterheads and we want to spread the magic far and wide.
The Unusual Billionaires: A ReadOn book recommendation list is incomplete without a business book. This one will keep your sibling hooked!
Courses
The gift of learning. What better way to show your sibling that you care for them. Especially in the ed-tech boom, you will find a whole array of courses online. Spend some time to find the best-curated course for the subject that your sibling is interested in. The thought and time that you invest for the growth and nurture of your sibling is one of the purest gifts that they will definitely appreciate.
Do let us know if your sibling likes your gift! Wishing you and your family a Happy Rakshabandhan!
Pssst... you can give a stock market course to your sibling for free! How? Join us on WhatsApp! 👇
Excellent idea !!! Thank you Readon