Money will not be less for children’s education, work will be done from emergency fund
If you are also getting worried about your children’s education with increasing age, then this news is useful for you. Good education is very important to fulfill the dreams of children. Now it is necessary to have proper savings for good studies. In such a situation, if you have not yet thought about your children’s education and them, then you can still think about your child.
You can collect your emergency fund in many ways. Nowadays there are many investment plans in the market with the help of which you can deposit your emergency corpus amount. Today we will tell you how you can deposit money for your child’s education.
read this also: Now the government will give CNG and PNG connection in every house, this is the plan
Plan emergency fund like this
early investment
You should start saving early for your child’s education. That is, if you have started a job, then you can keep some money in it for emergency fund. Which you don’t even touch for many years. Suppose you earn 30 thousand in a month, then after separating your expenses, rent, EMI, you should set aside some amount from it. This money will be useful for your child’s education if needed.
You can invest money in these places
If you are saving money for your child’s education, then you can invest in equity funds. Apart from this, you can also invest money in PPF. In PPF, your money is saved for the long term. In this you also get annual interest. Whereas, you can invest in equity funds for both short term or long term. In this, you get returns according to the market. Apart from this, you can also invest money in SIP of mutual fund, in this you can earn more profit in short term.
point of attention
If you are investing keeping your child’s education in mind, then you should pay attention that you do not touch this money even by mistake. This money is for your need and you should withdraw it only at the time of need.
