Child Future Planning
All parents want the best for their children, and as soon as a baby is born, planning for his or her future begins. Every parent has two wishes for his/her children:
To provide world class Education to his/her children
To have a lavish wedding of their children so that they can have an ever green beautiful memories out of it.
Everyone tries to save a certain amount for their child’s future, but whether that amount would be enough to fulfil the goal is a major concern.
Moreover, every year school fees is increasing, most parents are worried about saving for their child’s future. One can make an estimate of such expenses and plan their investments accordingly so that they do not lack in managing their finances at the time of need.
Hence, It is essential for parents to create a sufficient education fund for their child.
In order to keep sufficient education fund, planning is the first step towards goals accomplishment, and it needs to be done by taking all the parameters in consideration with the help of Financial Plannner.
Begin the process of saving and investing early. This will enable you to create an adequate corpus for the fulfilment of your children’s desires and ambitions.
Forecast the expenses that may arise in future (pursuing education overseas or throwing a party for your child’s birthday)
Always maintain an adequate insurance cover to cater to the expenses of your children (such as marriage or pursuing higher education) which may arise after your unfortunate demise
Keeping the inflation factor in consideration, our JSR Team have designed certain Child Education & Marriage Plans for the children.