Are you still looking for the formula when is the best time to start saving gold?
Here are some reasons why Hari Raya is a very good day for us to start our gold savings.
1. Many Earn More Money.
Hari Raya is the happiest day for our little children, teenagers, and daughters because they get Duit Raya from Father and Mother, Grandfather and Grandmother, Brother and Sister from Mara Brothers, and Neighbors who visit the house.
Moreover, both of our parents also get Eid donations from their children and nieces. Some also get a Raya Bonus where they work.
During the seminar, I was asked when is the best time to start saving gold.
My answer is simple which is "Now when the money is in hand" So when there is more money this is the best time to exchange our money for gold.
Then continue to be disciplined and consistent with buying gold. Maybe we can start with 1 gram in 1 month.
2. Start With Physical Gold.
We can start by buying 1 gram of physical gold and keep the gold collection in their Folder.
Mothers and fathers should educate children from an early age and introduce them to gold as a reserve for future enjoyment.
When they get duit raya separate some of that duit raya to be converted into physical gold. Maybe for starters, we can buy physical gold to hold at least 1 gram.
Parents can attract their interest by buying selected gold collections such as Batman, Superman, and Spiderman for boys, or other collections for girls.
Keep this collection in their gold 'Folder' and tell them to reach the target to complete the gold collection.
As a gift if their target is reached, they will be given a gift of 1 gram by Mom and Dad. This way will motivate them to keep more of their gold savings.
3. Open a GAP Account For Them.
From the Duit Raya that our children get, we can also open a GAP gold account for as little as RM100. The most important thing is that we have to start it from childhood.
After that teach them to save if they can reach 1 gram in 1 month very good. Tell them the GAP gold account is for study at their University. We can target them when they reach 11 grams in the savings account to withdraw 10 grams physically.
They will also receive a gift of 1 gram from their Father and Mother if their target is reached. This is also a way to discipline them to keep saving gold.
4. Conclusion.
For more clarity, please watch the video below:
As parents, we are the ones who should play a role in educating our children about Gold and Financial Knowledge.
Teach to save gold from a young age for pleasure in the days to come. If you want to open a GAP gold account or start saving gold, you can contact me at the name below.
That's it,
Thank you.
MOHD SULIMAN HAFID- PG 027857
Star Master Dealer Public Gold
Bio: https://.OneGoldDinar.net
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