Savings For Children
Give your Child a Promising Future. Just the way they have Dreamed it.
Prepare For The Best
- The best professional degree courses in India cost up to Rs. 23 lakh*
- Similar courses abroad can cost signicantly more
- Premium institutes have the pricing power and ination will take these numbers higher year after year
- The cost of education should not come as a surprise to you
- So, prepare for the best, though you may have options to choose from!
- Save regularly with a goal in mind
- Finances should not get in the way of your child’s dreams
SIP
- Investments at a predened monthly or quarterly frequency
- For a salaried individual, the income is monthly and so should be the savings
- Ideal way to develop a savings habit
- As the income increases, do SIP Top Up
- This would inculcate discipline as to spending what is left after saving
Lump Sum
- Lump sum when you receive large ows like a bonus
- Ad hoc investments on special occasions like festivals or your child’s birthday
