Like most parents, you might be saving regularly to ensure a safe tomorrow for your child. However, savings alone is no longer enough. For ensuring adequate funding of your child’s education, wedding & their future, you, as a parent, need to do two things:-
Invest appropriate amount systematically and at regular intervals.
Provide for a financial security blanket to cover any eventuality.
Regardless of the method you choose, The sooner you sow these seeds of savings, investments & protections, better are the chances of your money growing into a big enough tree to provide for the future needs of your children.
Starting early and consistency in savings are the two key factors in achieving your child’s successful future planning.
Investment Approach :
- FD, NSC
- Sukanya Yojana
- SIP in Mutual Fund
- Protection Approach
- Term Insurance