If you want your children to be intelligent, read them fairy tales. If you want them to be more intelligent, read them more fairy tales. – Albert Einstein
Life is no fairy tale, but it can be a dream come true if you plan it properly. Few dreams are more cherished than children. And today, we’d like you to invest a few minutes with us on your dreams.
Speaking of investing, you have to plan to invest in your children’s future. If you don’t, you’re not giving them the best you can. And that’s just not on, you’ll agree. Your children deserve the best, at least from you.
However, the costs of giving children the best you can are high. Fortunately, they are not insurmountable. They can be tackled. Your children don’t have to be denied anything. All you need is a really good plan.
You need a plan for political inflation. You need a plan for education inflation. You need a plan for uncertainty inflation.You need to plan for, consider this: An MBA that costs Rs.15 Lacs today will cost at least Rs.62 Lacs after 15 years. You can imagine the rest.
What’s more, children tomorrow will expect more from their parents than their own parents did from their parents. Various research studies point to this trend.
More important, parents in India always want to help their children. And feel bad asking for anything in return. This much love for the children demands a lot of sound financial planning…for education, weddings, living expenses, gifts, house loans, cash loans, savings to leave behind for the kids and all sorts of little to big ways in which parents love to show their children they love, care and give.
The way to not let the high costs of parental love pinch you is to start investing early in your kids (who also happen to be your future) in comfortable and manageable ways and never stop investing. In other words, you need to systematically investment plan your family’s future.
Once you do that (with a little help from us, if you feel the need for it only), there’s a very good chance your child’s life (and yours, of course) will be as happy as a fairy tale. Really.