Advice for Child Education You’d be Crazy Not to Take


Posted February 19, 2022 by imperialfinsol

Education is the foundation of your child’s future. A child education plan should account for tuition, accommodation as well as probable overseas education.

 
Education is the foundation of your child's future. A child education plan should account for tuition, accommodation as well as probable overseas education. In this age of cut-throat competition and increased education fees, it is important to start saving early on.

“A Study by financial institutions reveals that 30% of parents who didn’t plan their child education leads to face Financial problems in their child’s future education.”

Most parents start with small amounts for young children and keep increasing their contributions as the goal nears. The Imperial Money Child education plan gives you the flexibility to increase your premiums as per convenience.

You are making the right choice when you choose to invest in education of your children. And what better way than investment! Saving money to make more money invest your money in SIP.

For example- If your child today is 5 years old, so let’s say at the age of 18 he will need 25 lakhs for his/her further studies. Now you have 13 years to save money for your child’s future education. So if you invest Rs. 7,000/- per month for a period of 13 years, you can create your wealth equivalent to Rs. 26,31,518/-

Check out- SIP calculator yearly at - https://www.imperialfin.com/sip-step-up-calculator/

Our child education calculator is specialized in aiding you for this! Investing early will help maximize your great reward later on, when your child grows up.

By investing in child education plans, you help secure your children's future. However, it is important to do your research beforehand and to read all the details on the product features before you invest in one.

This child education calculator helps you set goals for your child's education. This will help you plan systematic investments to achieve a predefined goal.

This child education calculator considers currently available funds, tenure of the course and time horizon for the investment. The calculator draws up results as per inputs made by you.

This child education planning calculator is designed to help you plan for your child’s future. Calculate how much corpus you would require for your child’s education and determine the amount of investment you need to do every month for each target year, along with estimated returns.

This child education calculator also considers your risk profile (conservative, moderate or aggressive) to suggest investment schemes.

The results generated by this child education planning calculator are approximations and the actual corpus achieved is likely to differ from the ones indicated by the calculator for child education.

This child education cost planning calculator helps you to estimate and understand the amount that you need to invest for your child’s education, according to his/her current age.

Please note that the investment schemes mentioned above are purely for informational basis and this child education cost planning calculator should not be construed as 100% accurate. There are multiple avenues available where you can invest and draft a desired child education plan.

We have assumed an inflation of 6% and the current cost of your goal. You are always welcome to make changes and improvise on it based on any new information you have.

It is recommended that users consult their financial and wealth management consultants before making any investment decision.
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Issued By Imperial Money Pvt. Ltd.
Country India
Categories Business , Education , Finance
Tags child education , child education calculator , sip calculator
Last Updated February 19, 2022