Parenting Tips: 5 Easy Ways To Save Money For Child's Future
By Anshika Verma01, Oct 2023 08:34 PMjagranjosh.com
How to save money for child's future?
Here are some ways you may think ahead and start making baby steps toward your child's future. Tap to read about the 5 ways to save money for your child's education!
Investing in Mutual Funds
Investing in mutual funds for a specific purpose has attracted a lot of attention. Parents are eager to save money for their child's education.
Exchange Traded Funds (ETFs)
ETFs are similar to mutual funds. Investing in ETFs can be a successful investment option while saving up for your child’s education and future.
Buying Insurance Plans
Another choice is to purchase an insurance policy for your child's future. Many of these ‘child plans’ offer insurance protections.
Buying Real-Estate
It is the best option for parents who wants to save money for their kids' education. A real estate is a smart long-term investment.
Investing in PPF
When considering how to invest in the future of their children, many parents in India choose the Public Provident Fund or PPF.
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