Neha Nagar Instagram – ₹4 lakh school fees for LKG students 😱
One school in Hyderabad wants 4 lakh rupees for LKG fees. That’s a lot! Education costs are going up by 12% every year.
But why so much money? Well, I don’t know!!
But I’ve decided to send my child to a normal school from nursery to 12th grade. In India, all schools teach the same things till 12th grade. Go NCERT!
For higher education, my partner Deepak and I are saving money. We’re putting 13,000 rupees every month into an investment that gives us 12% back every year. This should help us handle the rising cost of education.
Financial planning for a child’s education is essential for securing their future. Here are some steps you can take:
-Set Goals: Determine the type of education you want for your child and estimate the associated costs. Consider factors such as tuition fees, books, accommodation, and extracurricular activities.
-Start Early: The earlier you begin saving, the better. Compound interest can significantly boost your savings over time.
– Create a Budget: Analyse your current financial situation and create a budget that allocates funds specifically for your child’s education.
Follow for more. | Posted on 22/Mar/2024 18:02:49
