It’s important to invest in a child education plan to secure the future of your kid. Due to rising inflation, prices of everything including quality education are increasing. You need to start investing now to build a future corpus for your child. That’s because times are unpredictable and so is financial stability. You don’t know whether you will be able to spend money, say, for the next 10 years to help your child achieve his/her milestones.
When you consider investing in your child’s education, it’s better to know about certain mistakes that you should avoid. So, here’s a look.
Overlooking the Future Cost of Education
Whether you wish your child to pursue higher education in India or abroad, remember that education inflation is on the rise. Besides, overseas degrees are expected to be 10 times costlier than those in India. A kid’s present aspirations can help you plan for the …