Plan For Your Children

Saving for a child’s future is one of the most important aspects of financial planning for every parent. Children’s education is one of the biggest goals and the biggest cash flow for parents.

Every parent aspires to offer their children- sound education, a decent lifestyle, and most importantly, adequate financial security to pursue their dreams. The cost of education in India is rising at a fast pace and new-age private universities are charging between Rs.8 lakhs -Rs.10 lakhs per annum for undergraduate courses.

Many foreign universities are setting up campuses in India, which would have higher fees. The cost of education will continue to increase in the future. Nani Bachat helps you build a financial plan for your children’s needs in the coming years. Investors can easily plan for the costs they anticipate they will incur such as higher education, marriage, etc, through multiple child savings schemes and investment options.

The corpus of education and wedding today is unlikely to remain the same after 10-15 years. Assuming that inflation will skyrocket, education expenses will go through the roof year after year. If you start investing early, you can easily achieve the desired results out of the investment. There are various child-saving schemes designed keeping in mind the long-term financial needs of the children. Also, these savings plans can beat inflation by providing higher returns.