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Your Child Dreams Are Precious

Be Future Ready

As a parent, you have higher responsibility in taking your child's dream to the future. Your kid would be interested to become an astronaut, or a doctor one day. There are no limits to your Childs Imagination. 


You hope to give your best to their dreams. But, Have you planed financially to fulfill your Childs dream?..


Make Your Kids Dream A Reality

A dream of their grand future. Every time, when we see our children, we too dream more about their future. The dream needs more and they need action from You. Take your first step towards fulfilling your kids dream. 

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Reasons to plan early

The Cost of Higher Education Goes Up

Over the last 10 years, the cost of Higher education has goes up 2 to 3 times. School fees , tution fees and other expenses gone by more than 150% in the last 10 years.

Inflation can burst your child dream

Its observed that the cost of Higher education has gone up more than 10% annual rate of Inflation. The MBA fees has gone up from Rs.5 lakhs in 2008 to Rs.22 lakhs in 2019 with more than 15% increase in annual inflation. 

80% of parents have not planned their child education

Only 20% of parents planned their kids education in advance and many have not planned their kids future education cost.

Abroad Education Cost also Gone Up

"Discipline and Small Savings from early age can ensure an adequate corpus for your Child Education"

How to Plan?

Start Early

Start saving small but start saving early in a disciplined way is very important.

Incremental Savings

As your Income goes up, Its important to save incremental year over year. When your income goes up by 10%, You should increase your savings by 10% year over year.

Proper Asset Allocation

At young age, You should take Higher Risk by Investing into Equity assets as It will help to generate more risk adjusted return over a long period of time.

WHY TO PLAN YOUR KIDS EDUCATION IN ADVANCE?

 

Planning for a child's education is important for several reasons, including:


  1. Cost: The cost of education, especially higher education, has been rising steadily over the years. Planning for a child's education allows parents to save and invest to ensure that they have the funds to pay for their child's education without taking on a significant debt burden.
  2. Long-term financial planning: Planning for a child's education can be part of a larger financial plan for the family. By saving for education, parents can develop a habit of savings and investment that can carry over to other long-term financial goals, such as retirement.
  3. Educational opportunities: Planning for a child's education allows parents to consider different educational opportunities, such as private schools or out-of-state colleges, that may be more expensive than local public options.
  4. Flexibility: Planning for a child's education allows parents to have more flexibility in making educational decisions for their child. They may be able to choose a school or program that is a better fit for their child's needs and interests, rather than being limited by cost.
  5. Reduced stress: Planning for a child's education can reduce stress for both parents and children. Parents can feel more secure knowing that they have the funds to pay for their child's education, and children can focus on their studies rather than worrying about how they will pay for their education.


The planning for a child's education is an important part of responsible parenting and long-term financial planning. It can provide children with educational opportunities that may not have been possible otherwise and provide parents with peace of mind knowing that they have taken steps to ensure their child's future success.

Get IN TOUCH

It is never too early to get started on your investment plans. Tell us more about your goals, and we will get you started on a plan to achieve them.

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FinMagic

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Mobile : +91 9000187352 Email : connect@finmagic.in

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