As human beings, there are hardly any stronger aspirations than providing the best of everything for your children. But for every dream to be realized, we have to cross the bridge of multiple realities. As a parent, the most obvious of the dream would be to plan for your children in such a way that all their future requirements are properly taken care of and there is no running around at the time when the actual requirement arises
The purpose of Children's Future Planning is to create a corpus for foreseeable expenditures such as those on higher education and wedding, and to provide for an adequate security cover during their growing years
Like most parents, you might be saving regularly to ensure a safe tomorrow for your child. However, savings alone is no longer enough. For ensuring adequate funding of your child's education, you, as a parent, need to do two things
- Invest appropriate amount systematically and at regular intervals
- Provide for a financial security blanket to cover any eventuality
Within no time, parents realize that their tiny tots have grown up and it's time for them to decide future course of their life in terms of profession they want to take. Funding for your children's education and wedding is one of the most valuable gifts you can give them and it is possible for you to do it in the most uncompromising way.