Every kid will have different ambitions in life. When asked about it, you might receive interesting answers. Some will even surprise us, but aren’t they worth the dream they dream of and isn’t it us who should give them the chance to live their dreams?
Which is the most valuable asset you can offer to your children? Education. If there is one thing which can change this world and the views of the people, it is education. It changes the way we perceive the world. It is a perpetual process. It offers a sense of freedom and independence. It is not just knowledge which sums up education. It also includes the necessary skills required to lead our day to day lives.
Providing quality education to the children is the most important necessity of a parent. Educating a child involves long term investments. The day a child is born, parents should start investing. Starting from kindergarten, it involves nearly 18 long years of the learning process. Also consider the fact that with every passing year, the cost of education also increases.
Invest in the right options to obtain higher returns. Public Provident Funds is an excellent option for investment for meeting the children’s educational needs. You can also opt for ULIP (Unit Linked Insurance Plans). Investing in equities is a wise option because it gives returns based on inflation.
Endowment policies are tailored to suit the needs of educational investments. First, zero in on the base cost and also analyse various parameters such as inflation and the change in the economic situation every year.
When it comes to higher education, the cost also increases considerably. Before investing, analyse and research the risk factors involved in various options. When there is no other way to arrange the funds, you can go for education loans.
One of the many options for investment is the fixed deposit. They offer a substantiate amount for education and also provide higher returns. There are special insurance plans called as Child plans which gives the economic stability for providing education. Divide the age range and save depending on the educational needs for that particular age.
Debt mutual funds are more tax efficient when compared with bank deposits. Recurring deposit in a bank or investments in stock markets also provide good returns.
For further information, you can contact Goodwill at admin@gwcindia.in or give a call to +91 - 44 - 4020 5050. Before you plan for your kid’s education, educate yourself with the free classes and webinars provided by Goodwill and plan the journey you have to take with your kid in the lead.
For more info visit: https://gwcindia.in/
Which is the most valuable asset you can offer to your children? Education. If there is one thing which can change this world and the views of the people, it is education. It changes the way we perceive the world. It is a perpetual process. It offers a sense of freedom and independence. It is not just knowledge which sums up education. It also includes the necessary skills required to lead our day to day lives.
Providing quality education to the children is the most important necessity of a parent. Educating a child involves long term investments. The day a child is born, parents should start investing. Starting from kindergarten, it involves nearly 18 long years of the learning process. Also consider the fact that with every passing year, the cost of education also increases.
Invest in the right options to obtain higher returns. Public Provident Funds is an excellent option for investment for meeting the children’s educational needs. You can also opt for ULIP (Unit Linked Insurance Plans). Investing in equities is a wise option because it gives returns based on inflation.
Endowment policies are tailored to suit the needs of educational investments. First, zero in on the base cost and also analyse various parameters such as inflation and the change in the economic situation every year.
When it comes to higher education, the cost also increases considerably. Before investing, analyse and research the risk factors involved in various options. When there is no other way to arrange the funds, you can go for education loans.
One of the many options for investment is the fixed deposit. They offer a substantiate amount for education and also provide higher returns. There are special insurance plans called as Child plans which gives the economic stability for providing education. Divide the age range and save depending on the educational needs for that particular age.
Debt mutual funds are more tax efficient when compared with bank deposits. Recurring deposit in a bank or investments in stock markets also provide good returns.
For further information, you can contact Goodwill at admin@gwcindia.in or give a call to +91 - 44 - 4020 5050. Before you plan for your kid’s education, educate yourself with the free classes and webinars provided by Goodwill and plan the journey you have to take with your kid in the lead.
For more info visit: https://gwcindia.in/
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