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Introduction to Child Education and Marriage Planning
Every married couple becomes parents of a child when they give a birth to a baby girl or boy. At this moment, every parent wants the best for their child’s future, they dream for their better future.
When a new born baby comes into a married couple life, they planned for their future. Every parent makes their child life happy and secure. To become happy and secure life of their child they have plan for their education and marriage.
First of we have to plan for child education because a good education give them good carrier and a good carrier makes a successful person. After settling the carrier of our child, then we have to think about child’s marriage. So that they can live happy married life.
Child Education Planning
Education costs in India are higher than ever before and rising inflation is pushing up costs significantly every successive year. Even enrolling children to kindergarten can end up costing parents a lakh today. These costs will only multiply as the child gets older. Higher education is even more expensive, with the best schools and colleges raising fees significantly.
Child education plans
Child education plan have emerged as an instrument for young parents to systematically save for a child, until the time the child requires the funds for pursuing their education. Opting for a child education plan also ensures that the child’s education is secured even if the parents are not around.
How a child education plan can be best leveraged by young parents to secure their child’s education goals
01. PREPARING A ROADMAP FOR SECURING THE CHILD’S FUTURE
Every parent does want to fulfill their child’s every dream and to do that, it is important to plan with a proper roadmap in mind. The planning must also take into account that the parent might not actually be around to see the child achieve their dreams.
02. INFLATION CANNOT BE IGNORED WHILE BUILDING A ROADMAP
Education costs on the rise steadily guided by inflation. A goal amount set for the future, keeping in mind current educational costs, can often result in a huge gap between the funds the child will require and the funds the parents can arrange for the child’s future.
03. PROTECTING YOUR GOALS IN THE BEST WAY POSSIBLE
A child education plan ensures that a child has the opportunity to fulfill their dreams when he grows up. Plans like the Future Generali Big Dreams Plan , which is a ULIP that allows for minimum premium payments of either Rs. 2,000 monthly.
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