Kids Education

Why Now is the Right Time to Plan for your Child’s Education

On an average, majority of Indian parents end up spending around half of their annual income on their child’s education because of lack of timely planning.

As education costs are skyrocketing, many people are forced to defer their retirement by at least 5 years simply because they did not plan early. Start planning for your child’s education now, so you don’t have to take huge loans in the future.

Get in touch with our financial coach to know how you can plan the right way.

It is important for you to assess your financial situation and create a customized education fund plan that suits your unique needs and circumstances. This may involve setting specific financial goals, determining how much money they can afford to save, and selecting the most appropriate investment strategies to help you achieve your goals.

It's time to make their dreams a reality!!

Child education planning is an important aspect of financial management. Here are some steps that we help you with to plan for your child's education expenses:

Start Early - Helping you start saving early to ensure that you have enough money to cover the cost of education. Begin by setting up a separate savings account or investment plan specifically for your child's education.

Creating a Budget - Creating a budget that includes your child's education expenses. This can help you to prioritize your spending and save more money for your child's education.

Different Investment Options - Offer you different investment options that can help you grow your money over time. It can be fixed deposits, mutual funds, and education savings plans

Monitoring Your Progress - Regularly monitoring your progress and adjust your savings and investment strategies as needed to ensure that you stay on track to meet your child's education goals.

One Size Doesn't Fit All

* You might think that your baby is too young and higher education seems too far away right now. But the time is not too far off when your kids would be discussing with you about WHAT THEY WANT TO BE. And if you find it too early to plan for their future, you would be shocked to know that you are late!!