Planning for a child brings lots of responsibilities on parents’ shoulder. There will be a surge in joy, is in tandem with emotional involvement along with financial responsibilities.
The upbringing of a child demands lots of planning. Hence, investment planning is indispensable to secure your Child’s future. This includes financial support for education, wedding, health, etc. It’s a parent’s prime responsibility to fulfill children necessities with the best of everything. The more early you start investing the more secure your child future will be.
It’s very difficult for parents to find the right plan to invest their hard-earned money for child future. So here come some super tips for proper investment planning to support the child future.
Investment planning is not just important but has become indispensable.
Investment planning at an early stage gives you ample time, more scope on savings, less burden on the pocket and reduce mental stress. The more early you start the more you will be in a strong financial position. This will make you capable of supporting your child’s needs and reduces the burden.
Plan your investments before your child is born so that you are in a position to fulfill their future needs and aspirations.
With the growth of child expenses increases automatically. Since the economy is growing at the same rate, life without investment is just like you are sailing your boat in the wrong direction. Therefore, you need a good investment plan for your child secure future.
Investment Planning is the first step to fulfill your Child’s dreams
The investment gives financial freedom to fulfill your child’s dreams. Hence a comprehensive investment plan becomes a necessity.
Move from saving to investing
Are you saving for a child for your child future? That’s a very good thing but did you know that saving is not just enough nowadays. This is because the value of money keeps on decreasing over time. So saving won’t be giving you enough returns. That’s why Investment Planning is indispensable to secure your Child’s Future. Since we live in 21 century, we should move ahead and invest our money systematically and on correct time.
How to Pick out the best Investment Plan
While choosing an investment plan, it is important you keep in mind the end goal. It is a good idea to diversify your portfolio to spread the risk.
Why you should choose ICICI Prudential Bluechip Fund scheme?
ICICI Prudential Bluechip Fund is one of the flagship products and stands at AAUM of Rs 17,496 Crores (as on 30th June 2018). The fund gives investor liberty to invest in some of the major large-cap companies like Tata Motors, Reliance, Infosys, ICICI Bank etc. The stock has been well researched and selected by professional fund managers.
This scheme brings an opportunity for you to get some of the best minds from the major companies of India to create wealth for you. This is one of the ways to secure a bright future for your child. The key features are:
- The Bluechip Fund will invest only in large-cap companies with an authorized track record and good growth potential.
- It involves a “buy and hold” approach.
- Your investment get an exposure in high conviction stocks with an aim to generate alpha
ICICI Prudential Bluechip Fund is best suitable for investors looking for long-term wealth creation solution. Since you are looking for long-term financial planning for your child, this will suit you well. This fund will provide you safe investment and pay back the maximum advantages in the coming years.
Hence, Investment Planning is indispensable to secure your Child’s Future. In addition, it allows you to enjoy present life without being worried about their future.
Being a parent, it’s your responsibility to start planning for your finances at an early stage. Early-stage planning will definitely guarantee a promising future for your child. TarakkiKarien and let the big companies work for you.
Disclosure: The views shared are solely Author only.
DISCLAIMER: The views expressed in the blog content are independent and unbiased views of solely the blogger. The content is meant for educational purpose only and not to be substituted for professional advice. One should consult the expert for any related information.
Thanks for sharing the information Bushraji. With increasing education costs, investing in mutual funds, especially Bluechip ones guarantee good returns over a longer period to help secure our kids future.
We should invest money for better future and our kids are our responsibilities too so we should have to make their future more secure.
This is such a helpful.post. investment is aomethingneveryone want to do but are not aware about whats and how s.and this would make it easy for them
That’s true being a parent it’s our responsibility to start planning to secure our finances
Thanks for post ?? investment bahut jaruri hai aur sabk karna bhi chaiye, aapne bahut safe tarike bataye bhi hain ??
Mere ghar per husband hi sab financial matters dekhty hain to mujhy is jimmedari se chutti hai ?
Parents need to secure education and wellbeing of child.Mutual funds can go a long way in planning that.
I believe every parent should make their child’s future secured by investing for them..thanx for this wonderful post which gives insights on investments we all can consider to opt for
My first investment after securing a job was a mutual fund. It is really beneficial especially if you choose the sip route.
Investment planning is really important , right fund, right amount is critical due to the volatility of the stock market.
True that. Investing in Mutual Funds can help us to achieve our long term goals with ease. Investment gives us compound interest.
Investment for securing child’s future is a good habit and we have started it right from my son was born. ICICI Prudential this investment option looks good.
Rightly said Dr Bushra, as a parent one of our primary responsibilities is planning for our child’s future and finances is a big part these days to give kids the best of education, facilities and life. Starting early and going with an investment plan like ICICI Blue Chip Funds sounds a fab idea.
I am extremely bad when it comes to savings and investment. I have kept my distance from this topic till today. However your words are inspiring. Will check out the blue Chip.
I agree with you that saving money is not enough because value of x amount of money decreases with each passing day… Investing for future is very important! Bluechip fund scheme looks really good!
That’s a very informative post on investment. We all should have some investment plans to secure our future.
its essential for our kids future that we make investments at the right time, thank fully we have made investments made in our kids name and as well as our name.
Thanks for this post actually I am actually looking for a befitting investment plan cause to secure future one has to start early.
Yes agree with you being a parent its our responsibility to secure our kids future. And I have invested in some mutual fund to secure my kids future and in property too
Thank you for sharing information about this Investing early for our child and their future means less stress and hassle in the future. Investing in blue chip mutual funds is assuring the best in investment for better returns
This is indeed so used up post and learned a lot from this about saving. Thanks for sharing this Informative post
Thisis such a useful and informative post Bushra. As a parent we should make our kids future secure and our own old age secure too . Right investment can get good returns.
Such an informative post. Definitely need to have some good investment plans to secure ours as well as our kids’ future. Choosing right plan is essential.
Investment planning is quite crucial and it has gained priority as we become parents. Blue chip funds are indeed the best.
yes, saving is no longer enough. To ensure a secure future we have to start investing. The earlier the better .