Foolproof Your Child’s Dreams With a Child Plan
Someone rightly said, "Raising a kid is not the play of a kid." They were probably referring to the increasing cost of education. You know, IITs increased their undergraduate education charges from Rs 90,000/-p.a. in 2017. Rs 2,00,000/-p.a.Similarly, the fee for IIM-Ahmedabad's two-year flagship diploma program for the 2018 class was Rs 19.5 lakh. This is 400 percent more than what the 2007 B-school charged. If the leadership course charges continue to increase by 20 percent every year, it would affect Rs 95 lakh by 2025.These are also the expenses you pay for receiving admission to the required vocation / stream. But to get entry for these coveted seats, coaching starts much in advance. These days, parents are sending their children themselves for engineering and medical entrance training from age 13-14 to give them the additional edge required to fight the intense competition. Coaching courses pay about Rs 80,000-1,00,000/- per year. Interestingly, the price of co...