Your Money: Ways to build your child’s education corpus
By Ritu Wadhwa
The cost of education in India is rapidly increasing and it is becoming difficult to meet the growing fee structure and other costs aligned with higher education. It is thus important for parents to start investing early, be it with a smaller amount.
Many parents invest in gold or buy real estate for their future investments. But it must be ensured that if any asset is built, it should be liquidated for the purpose for which they have earmarked that asset. A good amount of the portfolio should be in the liquid asset form. Before deciding where to invest and how to grow the investment for their child’s education, there are some factors they should keep in mind always:
Calculate cost of education Even if a rough estimate is taken,
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