Neha Nagar

Neha Nagar Instagram – 🚨Most Indian parents are making this mistake!!

Many aren’t planning enough for their child’s education, even though costs are rising fast. Education fees are going up by 10-15% each year, much faster than general inflation.

By the time your child is ready for college, the fees might be too high to handle.

For example, IIM fees have jumped from ₹5 lakhs in 2009 to ₹20 lakhs today! 

Traditional investments like PPF or Sukanya accounts only give returns of 7-8%.

To keep up with rising costs, think about investing in index funds. While PPF might grow to ₹43 lakhs in 15 years, index funds could reach up to ₹84 lakhs. 

Don’t wait—start planning and investing now to make sure you can afford your child’s education.

[ FinancialMistakes EducationCosts SmartInvesting FuturePlanning ] | Posted on 22/Aug/2024 16:59:59