The Coronavirus pandemic has scuppered normal life as we know it, and just like you your child is also spending a lot of time indoors as they study and play. It might help to focus your energies on your child’s home school environment.
It is important to prioritise and plan for your child’s future education this year onward. Here are the 3 most important things you can do for your child this year: #1 Buy a child plan. Investing in a good child education plan is the first step towards helping your child on to a successful future. A good education is the foundation for future financial success, and the best child insurance plans in India ensure that they get the right footing for their ambitions. The best child plans help you pay for their future education, and they take care of your child even in your absence by waiving off future premiums but keeping the plan active till maturity age. Child insurance plans take the pressure off your income by paying for expensive future education and even your child’s wedding. Several people go into debt to pay for expensive college education, but a child plan can help you avoid the debt trap and reap bumper rewards for investing in it for several years. #2 Open a savings account in your child’s name. The savings habit will hold you – and your child – in good stead for the future. However, saving money regularly requires a lot of focus and commitment, but it is a habit that your child will thank you for later. Step #2 in investing in your child’s ambitions is to open a savings account in their name. Leading banks in India have minors’ accounts, and you can easily open one for your child and start setting money aside in it every month. Aim to add at least Rs 5,000 in it the moment you receive your salary, and any cash gifts your child may get from relatives. If your child has a piggy bank, encourage them to set aside three-fourths of the savings in the bank account and spend the rest on treats for themselves. In fact, you can teach your child the basics of banking and even take them to the bank branch to deposit money in their account, to pique their interest. #3 Create a study corner for them. Your child probably already has a study table in their room, but this would hitherto be used only for a few hours each evening to complete homework. With the Coronavirus shutting down schools indefinitely, it looks like kids across India will be attending school from home for several more months. Set up your child’s study nook with everything they need to attend online classes, group study sessions, extra tuitions, etc. Get a chair with an ergonomically designed back and armrests, a fast broadband connection, a new laptop, a headset with microphone, an extra storage drawer for books, etc. to make the learning experience comfortable and fun.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
April 2022
Categories |