raaman
Valued Contributor
Saving Money for your Child’s education.
Most parents prefer providing their children with the best education possible. Best-in-class universities and institutions in other countries, are in high demand. Making it to a prestigious college is difficult, given the competition and the high costs involved.
In such a case, parents must plan to establish an education corpus for their child's overseas education. So, before deciding where to invest the money for the child's education, it is best to establish a target corpus size and then work toward it.
If your child is in school and has at least ten years on hand, there are two things you should consider. First, it is unclear which course your child will enroll in, and second, you have enough time to save money to fund that study.
Most parents prefer providing their children with the best education possible. Best-in-class universities and institutions in other countries, are in high demand. Making it to a prestigious college is difficult, given the competition and the high costs involved.
In such a case, parents must plan to establish an education corpus for their child's overseas education. So, before deciding where to invest the money for the child's education, it is best to establish a target corpus size and then work toward it.
If your child is in school and has at least ten years on hand, there are two things you should consider. First, it is unclear which course your child will enroll in, and second, you have enough time to save money to fund that study.