|
Don’t Let Lack of Funds Cripple the Possibility of a Good Education |
Views: 2936
|
Thread Tools | Rate Thread |
#1
|
|||
|
|||
Don’t Let Lack of Funds Cripple the Possibility of a Good Education
.
Change is the only constant, and it's even more evident when it comes to inflation. It is quite evident that rising costs are here to stay, especially when it comes to education. Today, the cost of sending your child to kindergarten is already high; imagine how much it would become 10 years from now As caring parents, providing the best for your child is priority, but rising costs often make you think twice. However such decisions should never be influenced by the lack of money, which is why you should start thinking today. What cost Rs.5 lakhs today will cost you Rs.15 lakhs tomorrow! Will you be prepared to shell out that sort of money or will you choose to compromise on your child’s education? But as a caring parent wouldn’t you want to provide your child with the best possible education. The best way to avoid such a situation is to start preparing from today itself! To prepare yourself you should: Step 1 – Decide the corpus you wish to provide for your child’s future and the time when the same should be made available. While doing so you should consider various career specializations available. Also remember, that all professional courses will cost more tomorrow than today. Step 2 – Select an investment amount that you will be comfortable paying monthly. After all you mustn’t forgo the present for the future. Step 3 – Choose the level of protection you desire. This should be reflected in -
|