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News From Press Don’t fall into the trap of a child plan fund, instead go for a goal based investment plan

Don’t fall into the trap of a child plan fund, instead go for a goal based investment plan

Source: ET Nov 14, 2017

When it comes to children and personal finance, there are two distinct issues that parents face, or should face. One is the obvious one, which is to save for their children’s future needs. 


Until a couple of decades ago, this wasn’t really a top-of-mind issue with Indian parents, as publicly-funded, reasonably-priced education did the job, more or less. Now, most parents with growing children are acutely aware of how expensive education is, and try to save enough to finance it.
 

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