1. Plan the
Dream
Education
for Your Child
Let them decide
what they want to be!
We'll help you decide
how much would they need?
Contact for more information :
As a parent, you have many responsibilities;
Manan Mankad one of them is your Kids Education. Unfortunately
Sakar-VII, A-121, First Floor, the prices are rising day by day,
Nehru Bridge Corner, so as the education cost it touching sky.
Ashram Road, Ahmedabad-380 009. Your kids will go to
email: mananmankad@gmail.com school > College > will become Engineer > A Doctor or an
manan@mananmankad.com MBA.
Office: +91 79 30000619, Lots of money will be required on their education.
Cell: +91 98245 91660 And after 10 years marriage expenses will be due
www.mananmankad.com when he/she will get marry.
2. What will be the expenses?
If we take a simple example, today a Professional Degree is costing Rs. 5 Lac. If your child
is 1year old today, you will need Rs. 12.71 Lac when he reaches the age of 17 Years. (Cost
of living taken at 6%).
A rough estimate for your kids education expenses of future The professional degree course will become
expensive as the time will pass, seeing that there
are not many options left but to start investing
from today. So as a parent, start investing wisely.
Start thinking the amount you will need on your
child’s education or marriage.You should plan
the savings & investment in such a way that you
don’t have to regret about your kids
education.Your child may be 1 year old or may
be 15, start investing for your child’s
future.Forget about the Barbie Dolls, A Dingo for
a kid, or a Cost of Video games, this are now
necessity, the education Fees for playschool
alone is costing 50,000 to 1,00,000 per year.
And mind it as here we are talking about some
serious kind of money for most of the people of
India, to be precise, the average income of an
Indian individual is less than Rs. 45,000 per
annum. Most of the parents come to know the
importance of Fund Planning for their Kids
Education, when they enroll their kids for school
or college.
Your Kids Education - Three simple ways to Plan It
Start Early - Top Up Your Investments : Invest in a Product which can earn
Let your money Work for Your Kids : more returns than prevailing
We get bonuses, extra incomes, gifts on inflation rate:
Investing Early can boost your child kids birthdays – just add that to the kitty,
education Kitty in a significant manner, i.e. so that you can reach to your kids Little tough to understand, If
if one invest Rs. 1000 starting today for education goal early than you have Inflation(cost of living) is 8%, & FD Rate is
next 5 years will grow to Rs. 89,681. The planned. People in general think that Rs. 6% for a year Rs. 100 Invested in an FD
same amount if started 5 years early can 10,000 Top up investment will not make will be worth Rs. 106 & Inflation is 8%
bring 2,78,657 to the table. It’s just the huge difference, but let me bring to your ,means the thing you were getting at
simple compounding effect which works kind notice that Rs. 10000 Invested for 15 Price of Rs. 100 before a year is now
more as you stay more in the fund. Years will become Rs. 81,370 @ 15% CAGR worth Rs. 108 & your money has grown
& if one top up his/her kitty as and when by 6% to Rs.106 Only. Still short of Rs.2,
they get extra money, the goal will get this in some years will bring down your
completed sooner than you have purchasing power & capital too. One
planned. should earn at least more than inflation
rate. Study shows that Gold has
marginally outperformed Inflation &
Equity has beaten Inflation with far
better margins in long run.
Some of the parents invest in an educational related plan, but as some early need arises, Talk to us:
they have to withdraw the amount for some emergency, & when education need arise, +91 98245 91660
they find themselves in difficult situation.
Invest in a Plan which is specially designed for keeping your kids education in mind.
