Things to buy this Akshaya Tritiya

Akshaya Tritiya is an important day as per the Hindu religion. This festival is dedicated to Lord Vishnu as it is believed that on this day Lord Vishnu was incarnated and took birth on Earth; though there are many other beliefs about this day. On the day of Akshay Tritiya, devotees wear yellow clothes after bathing and worship Lord Vishnu and Goddess Lakshmi.

People also offer yellow flowers to the deities and donate to the poor.

It is believed that Akshaya Tritiya brings good luck and whatever work is done on this day, brings auspicious result. Thus people celebrate this day by investing their hard earned money or by starting new ventures. This is also considered an auspicious day to get married and start a lifelong partnership with one's spouse.

Akshaya Tritiya is celebrated on the third day of Baisakh month, according to the lunisolar Hindu calendar , which usually falls in the month of April or May in the Gregorian calendar. It is also known as Akhati Teej.

This year, Akshaya Tritiya will be celebrated on May 7 in India. It is believed that this day gets good luck and success in our lives.

To celebrate Akshaya Tritiya, here are four things one can buy on this lucky day:

1. Gold
The word ‘Akshaya’ means ‘never diminishing’, and so it is believed that buying gold on the day of Akshaya Tritiya brings prosperity and wealth. Thus, traditionally, many people buy gold on this auspicious day. Purchasing gold is also an investment of your hard-earned money as the yellow metal is highly valued and universally accepted.

There are various ways of investing in gold-- either buy purchasing it in the physical form of jewellery, coins, or bars or by investing in Gold Exchange Traded Funds (ETFs).

2. A new vehicle
As Akshaya Tritiya is believed to be an auspicious day, one can also purchase a new vehicle (if they have been thinking about buying one) on this day. People believe that a vehicle bought on this day will bring great longevity to it. Also, you can avail great discounts on the occasion of Akshaya Tritiya.

3. A new House
Being considered an auspicious day, what's better than buying one's future home on Akshaya Tritiya? Many property dealers/ builders also offer great discounts on this day. Apart from purchasing a new house, if you are looking forward to getting your house renovated or getting a Griha Pravesh pooja done, then this is a very lucky day to do.

4. Investing in a child plan
As mentioned above, it is believed that any venture started on the auspicious day of Akshaya Tritiya brings prosperity. So, as a parent it is also a great day to start your child's education plans for better financial security for their bright future. As it is said for most investments-- the earlier the better. Hence the sooner you start an education plan for your child, the better. And what’s better than investing it on an auspicious day?