4 personality traits of mothers that make them good potential investors
Come Mother’s Day and the whole world pays tribute to their mothers. Gratitude and love pour in from every child and motherhood is celebrated. However, Mother’s Day comes once every year. Is one day enough for celebrating the juggernaut called a mother?
Women are intrinsically blessed with the fortitude and the skills to become a mother and raise their child. They have certain character traits that not only make them good mothers but also an all-rounder in all walks of life. In fact, if you actually dissect the personality traits of your mother, you can learn important lessons from them.
Even when it comes to handling financial reins, mothers are the epicenter of the family. Irrespective of being a housewife or a career-oriented woman, mothers have certain personality traits that make them good potential investors. Do you know what these traits are?
Let’s have a look, shall we?
Mothers know the art of budgeting
We have all grown up seeing our mothers plan and creating a monthly budget for the family; that little notebook or diary where she records the family’s expenses only to tally them at the end of the month. You can actually learn budgeting skills from the woman of the household as she manages the household finance quite effortlessly.
Budgeting also forms the basis of financial planning. It is the first step in investing as it allows you to figure out your disposable income that can be directed towards investments. So, mothers, with their budgeting skills can easily learn the ropes of financial planning and start their investment journey with ease.
Mothers have the innate nature of saving
Have you seen your mother bargain with the grocer or vegetable vendor for the best prices? Saving is in the very nature of mothers. Even if they save the tiniest of amounts every time they shop, they save month on month leading to a good corpus if they tuck it away in some corner. Imagine the returns that these savings can fetch if they are invested in proper avenues!
Mothers always have an eye to the future
Mothers are always cautious by nature. The money that they save is always kept safe for emergencies, those rainy days when the family might need money to tide over difficult times. Mothers, therefore, have the basic nature of emergency planning, a trait that is very important when planning investments.
By saving a part of your income in an emergency fund, you secure your finances in any contingency and are financially prepared. Mothers know how to do so. They save and put aside money in all the little nooks and corners so that when needed the most, such savings can come to your financial aid.
Mothers always keep the family’s needs before hers
Mothers are the most selfless creatures that God made. They toil day in and day out only to manage their families and kids. They are attuned to their family’s smallest needs and give such priority over everything else.
When directed towards investments, mothers can easily identify the financial goals of the family and then work hard to meet such goals effectively. Goal identification being the next important stage of financial planning is something mothers know how to handle.
Women are, thus, natural experts when it comes to managing money. They are blessed with the necessary traits of a successful investor and if they try, they can breeze through the tenets of financial planning effortlessly.
Scratch the surface of a mother and you would find a powerhouse soul, one that can juggle multiple tasks at the same time. Their personalities are honed to such a level that if they use their skills for investments, they would actually come out on the top. Analyze your mother and see what hidden personality traits define her. Teach her the importance of investments, if she doesn’t know them herself, and watch her create a magical financial portfolio that meets the financial goals of her family and also gives her financial independence.
Moral of the story:
You can also learn the important aspects of investing if you observe your mother’s personality traits. All you need to do is pay a little attention.
If you are a mother yourself, delve deep and use your traits to become a successful investor. If you are a housewife, financial literacy is important as you would be able to optimize your family’s finances in the best possible manner. If, on the other hand, you are a career-oriented woman, take charge of your finances. You already have the traits of a successful investor. All you need to do is polish them and use them to invest. Your investments can supplement your family’s income and help in the fulfillment of goals much before their time.
So, here’s a shout-out to all the mothers far and wide. You have proved your mettle in handling motherhood. Now it’s time to direct your talents towards investments. Invest and create your financial portfolio and provide the additional layer of financial security to your family. After all, your family deserves the best, don’t they?
Remember, “Success isn’t about how much money you make, it’s about the difference you make in people’s lives”
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