Ways to Make Your Child's Future Financially Secure
When you start planning for your child's future, invest early as you can because this is the better option to save more through the investment. If you invest early, it will give you a greater horizon to meet your financial goals such as your child's education and marriage and can also lead to a bigger accumulation. Similarly, parents need to know what corpus value is needed during their child's life and when they will need it based on their future plans for the child. Choose the right investment options so that your portfolio moves towards each financial goal you set for a better future for your children. Here's how to invest the money: 1. Stock: It's important for parents to start teaching their kids about managing their finances from an early age, and when it comes to stocks, the goal should be no different. Even though the stock market is known to be volatile, equity as an asset will help you meet your financial goals in the long term even after adjusting for i...
