Child Education Plan

Parents only want the best for their children, and that includes quality education. After all, education is one of the best ways to equip our children with skills and knowledge to help them achieve a successful future. It will make sure they don’t have any further financial burdens due to large expenditures in the future. All parents and guardians should aim to have a children’s savings plan in one form or the other. Never delay the process of investing in your child’s future education. The sooner is better because you have to invest less and reap more also save yourself from the risk of inflation.

FACTORS TO BE CONSIDERED FOR CHILD EDUCATION PLAN

• Start early with baby steps is most vital
• Don’t forget to include the inflation while setting your goals
• Choose your investment vehicle smartly
• Keep reviewing your portfolio
• Capital protection
• Keep education loan as last resort
• Life insurance for the bread winner