If you want to give your children the best education, you know how expensive that has become. The earlier you start planning for it, the easier it will be for you to build the corpus required.
Children are a source of joy. As a parent embracing your child for the first time, you need to think about creating a safe environment and securing the future needs of the child.
Children learn new things every day, and you do not want to miss any of those little things. Their needs are also going to grow with time – and you would not want to compromise on any of them.
Education is right on top of the list. Many parents feel a shock when they hear about preschool fees. Given the way higher education is becoming expensive, what awaits you in future is not going to be pleasant.
The mantra, as with any major financial decision, is to start early!
Think about the stages in your children’s lives when you would require significant amounts of money. Think about contingencies. Evaluate different options. Commit yourself.
And enjoy the journey of parenthood!
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