One of the major concern of every parent is the education of his or her child. However, parents these days have to shell out a large portion of their savings on their child’s education- be it primary or higher education. The cost is even more if you opt to educate your child in a private institution. It is therefore imperative for parents to start planning finances for their child’s education at an early stage in his or her life. To know more about some robust insurance plans to secure your child’s education, click here.
For more such infographics, please visit www.tomorrowmakers.com/infographics
"Be the CEO of your life"- Robin S. Sharma -
QUOTE OF THE DAY
While credit cards come with a host of benefits, they must be used carefully, and never in these situations!
Inflation in education related expenses is expected to increase faster than average inflation. This means that depending on debt instruments to plan for your child’s education needs even 20 years before time, is no longer a feasible option.