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Step-by-step guide to plan for your child’s education and marriage

Here is a step-by-step guide for planning your child’s education and marriage. 1. When to start planning. The moment the pregnancy is confirmed! 2. What do to first? Evaluate your insurance cover and buy more if required. 3. How to evaluate insurance cover? Let us consider a couple with a two-year-old child. The male is … Continue reading Step-by-step guide to plan for your child’s education and marriage

Please Read This Before Buying a LIC Policy!

Are you considering the purchase of an endowment policy? Perhaps a cash back policy? Perhaps your friendly agent told you about a policy or a "magic plan" that would offer constant pension guaranteed by the government? Please read the following before buying an LIC policy or any insurance policy that has an investment component associated … Continue reading Please Read This Before Buying a LIC Policy!

Why we need to start investing early for our children’s future

"Why should I invest for my child's future needs like education or marriage?", asked a reader. "Why can't I simply get them an education loan?", "why can't they foot their own marriage bill?". Well, we need to invest what we can for the simple reason that life does not pan out the way we plan. Especially … Continue reading Why we need to start investing early for our children’s future