Convert your child’s future into reality

The moment a child is born, we see the parents very happy. Not only parents but also the friends and relatives. A few days on everyone starts having big dreams for their children. It’s good to have dreams, but we also need to works towards achieving those dreams. The two most important dreams the parents have are child’s education and marriage. If you have actually seen over the years the cost of education is just going up. Competition among children is also going and parents are also competing with other parents to show that they can give their children better education. Earlier all students used to study through the state board. Then slowly as awareness spread parents moved their children to CBSE and then ICSE and god knows what else is on the cards.

Whatever is on the cards, the cost of education is and will keep going up. So what should you do? Start now. Start a SIP which will be used only for your child’s education. As I have said many times the earlier you start the amount you need to keep aside remains small, with every passing year the amount to be kept aside keeps increasing.

Start with the following:

• Define your goal i.e. what sort of education you would like to give your child, what is the current cost of such education and till when you would be able to contribute to such goal.
• Start your contribution and remain focused, come what may, your dream and your child’s future depends upon you.
• Consult your advisor, to understand the risks involved in various types of investments and then take an informed choice.

If you start early your child’s future will definitely turn into a reality.