June 19,2016 is Father’s Day that demands you to be with your dad at all cost. Come on you owe all your success to his decision of convincing your mom to bring you to this beautiful world! So he deserves a treat, a big one!
Here is what you can do to surprise your dad this Father’s Day. Look out for your father’s family album or ask your father’s parents for them. Select photographs of your father with his father, grandfather etc. They must be old and in bad condition. Ask friends for help with photo-editing if needed, and create a collage of the same. Take a print, frame and gift. If you do not have money, you can send a lovely e-card which pops up on his phone as he wakes up in the morning. You can also create mini videos, interview your grandpa or grandma on 3-5 naughty things your father did as a child. Again ask friends if needed to help you edit the video if you need to enhance the visuals. Else, just WhatsApp him. We can bet he’ll be super happy at this cute gesture of yours!
When is the last time did you see your father going out with his parents for some recreation? If you can get your father with his father (include his mother too, if your budget allows) and then cook an awesome meal that allows the three spend some valuable time for each other, download a favorite film on old age and family values and leave them to happiness. This is such a priceless and heartwarming treat. For the meal part, you can cook your father’s favorite recipe (look up YouTube or ask mom) and then cooperate with your dad to cook a great dish for his father. And you can have a dinner table competition, “Who loves his father more” depending on the taste of the food. Jury can be your mom, her parents and your father’s mom. Won’t that be awesome?
Now that you have seen the world and understand how expensive things are getting, particularly the way medical expenses in India are on the rise, why not consider gifting your father a medical insurance if he doesn’t have one yet? If that’s taken care of, you can get him initiated on his financial planning, so that atleast now he can invest his earnings to achieve his financial goals, such as owning a roof of his own on retirement. If both are taken care of, and he has been a middle income professional all his life, hold his hands to get him started on his retirement planning. Believe us, it is very important. Ask the elderly within your contacts to find out how difficult it is to cope with post-retirement life when you do not have necessary financial security. It leads to emotional stress too.
And here’s one more idea. This Father’s Day, start an Systematic Investment Plan (SIP) in the name of your father. Ask him for one thing that he hasn’t been able to fulfill yet such as visiting a country, trying a particular sports, some expensive tech-gadget or anything as such. Evaluate the purchase value of the goal, say 5 years down the line and then the cost of its maintenance (if any) and with that take it on yourself to pay for his dream starting today, the way he has been doing things for you since ages. SIPs are inexpensive and depending on the total value of the goal, you can customize the investment into periodic payments that’ll not hurt your personal finances. Gift the promise to him this Father’s Day. Wondering how can you do it so fast? Well, ArthaYantra – world’s only full service personal financial advisory is always at your service.