As a parent, you always want the best for your child but with mounting education inflation, FDs are not gonna cut it as an investment for your child’s future.

My suggestion – you’ll need to systematically invest your money to maximize your returns. 20% in PPF for tax-free guaranteed returns and the rest 80% in mutual funds (40% index fund, 40% midcap funds, 20% small cap funds) to generate surplus returns.

How do I know all of this❓

Well, I speak to many Industry specialists, CAs, wealth managers, and CFAs on the daily to learn all the hidden secrets of finance.

👉🏻 And I’ve added that along with years of my personal research to come up with a kickass course that will cover everything from
– Financial & asset planning
– Mutual fund selection
– Insurance
– Tax planning

The course also comes with ✨12 proprietary financial tools✨to help make these tough financial choices in your life.

➡️ So what are you doing still reading the caption, the LINK IS IN MY PINNED COMMENTNT !!!
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REVEALED: Best Investment During Inflation

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Investing in a child’s education is one of the most important investments a parent can make. With the rising costs of tuition and fees, it is crucial to start saving early to ensure that your child has access to quality education without overwhelming student loan debt.

There are several ways to invest for your child’s education, and the key is to start as early as possible. One popular option is a 529 college savings plan, which allows parents to save for their child’s education while also benefiting from tax advantages. With a 529 plan, contributions grow tax-free, and withdrawals are also tax-free when used for qualified educational expenses.

Another option is a custodial account, such as a Uniform Gift to Minors Act (UGMA) or Uniform Transfer to Minors Act (UTMA) account. These accounts allow parents to invest on behalf of their child, with the child gaining control of the account once they reach a certain age (usually 18 or 21). While this option provides flexibility, it is important to consider how the child may choose to use the funds once they reach adulthood.

For parents who are looking for more hands-on investment options, a diversified portfolio of stocks, bonds, and mutual funds can also be a good way to save for a child’s education. By investing in a mix of assets, parents can potentially earn higher returns over the long term, helping to offset the rising costs of education.

In addition to saving and investing for their child’s education, parents should also take advantage of other resources, such as scholarships, grants, and financial aid. By researching and applying for these opportunities, parents can help reduce the financial burden of college for their child.

Overall, investing for a child’s education requires planning, discipline, and a long-term mindset. By starting early and exploring different investment options, parents can set their child up for success by providing them with the resources they need to pursue their educational goals. Investing in a child’s education is not only a smart financial move, but also a way to invest in their future and set them on a path towards success.