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What does it take to give your child the best education and ensure the realisation of aspirations and dreams? It’s a question that gives parents sleepless nights and nightmares. And often there are no right answers. All you can do is to be prepared financially as best as possible and to the best of your abilities. Or is there something more you can do?
How about insurance? Yes, you can insure you child’s education? Sure there are no guarantees for anything in life, but that is why
“I want to be a Ferrari race car driver when I grow up Mama and invent eco friendly fuel to run that car”, declares my 9 year old son one day. As I inwardly smile and feel proud that I taught my son to “dream big” and not just settle for the stereotypes. I also realise how we as parents need to make sure that we are financially able to support these dreams.
For that we need smart financial planning for the future. There are many financial plans available these days in the market. We
What if your child voices his desire to pursue a career in social service? A rather unconventional choice, you would say! But if your child is more than often eager to pick up a broom to volunteer for a cleanliness drive (thank you, Mr Prime Minister for the Swacch Bharat campaign!); brings a stray pet at home; or turns the playground into a teaching classroom for the kids of the bais and chaprasis, perhaps he has a natural inclination towards working for others.MORE
I guess I have always been a bit of a planner. The hard work, the patience and the meticulousness that is needed for financial planning – I believed I had it. But, the first taste I had of the challenge of being a parent was when I heard the exorbitant admission fee for pre-schools. Admittedly, when you become a parent, you have to take planning to a completely new level.
From managing vaccination records to school admissions, from choosing hobby classes that give wings to your little
Parenting styles differ from family to family and with that the hopes of parents for their children vary drastically too. While some parents gear their children up from an early age to ensure they are always up-to-date on all aspects required to crack entrance exams for professional courses; others may be alright with being a guiding light while letting the child decide on a career course of his or her own choosing. Still others are fine with whatever their child wants to be even if thatMORE