Over the last 12 years, Bangalore IFA Deepesh Mehta of Grow Wealth has helped over 200 families plan for their children’s future. This experience has taught him that there are a few common mistakes that parents make which he has shared in his first book ‘Power your child’s financial future’.
“One common mistake every client makes is starting to invest late for their children’s education, career, and marriage. Investors realise the importance of such investments when their kids enter college. This is because of lack of awareness about this issue,'' says Deepesh.
The book gives a holistic solution to parents wanting to start investing for their children’s future. It consists of four chapters, which initially takes you through the financial challenges of a parent and the common mistakes made by them. Also, the book gives investment tips on when and where to invest for long and short term goals of your children. Lastly, it gives a step-by-step guide to secure children’s future needs.
Deepesh says that the moment the mother conceives is the right time to start investing for the child’s future. “When an investor starts investing right after his kid is born, he automatically secures the child’s future for decades,” added Deepesh.
You can consider presenting this book to your clients who are expecting a baby. The book is available on Amazon and SapnaOnline.com at Rs.450 and Rs.399 respectively.