Every parent dreams of giving their child the best education possible—be it top schools, coaching classes, or international degrees. But let’s face it—education costs are skyrocketing! If you don’t plan smartly, you might end up compromising on your child’s future or taking on heavy loans.
💰 The Harsh Reality of Education Costs
School Fees: ₹1-5 lakh per year for a good private school
Coaching & Extracurriculars: ₹50,000-₹2 lakh per year
Undergraduate Degree (India): ₹10-25 lakh
Studying Abroad: ₹50 lakh-₹1.5 crore
And let’s not forget inflation—education costs double every 8-10 years. What seems affordable today might be unreachable tomorrow.
📉 Why Most Parents Struggle with Education Planning
❌ They Start Too Late – Many parents delay investing, assuming they’ll "manage it later.” But later = higher costs & financial stress.
❌ Relying on FDs & Savings – Traditional options like FDs give only 5-6% returns, while education inflation grows at 8-10% per year. This means your savings lose value over time.
❌ No Goal-Based Investment – Parents often save randomly, rather than investing in a structured way for education.
❌ Emergency Fund vs. Education Fund Mix-up – Many dip into education savings for short-term needs, leading to a fund shortage later.
📢 The Smarter Way: Invest in Mutual Funds via SIPs
If you start early and invest wisely, you can secure your child’s future without financial stress.
How Much Should You Invest?
If your child is 1-5 years old: Start a SIP of ₹5,000-₹10,000 per month in equity mutual funds.
f your child is 6-10 years old: Invest ₹10,000-₹20,000 per month in a mix of equity & hybrid funds.
If your child is 11-15 years old: Prioritize low-risk investments like debt funds for stability.
Example: A ₹10,000 SIP for 15 years at 12% returns can grow into ₹50+ lakh—enough for an Indian private college or even studying abroad!
Why Choose Mutual Funds Over FDs or Stocks?
✅ Higher Returns – Potential to earn 10-12% returns, beating inflation.
✅ Personalized Plans with Miles Wealth – We recommend funds based on your risk appetite.
✅ Professional Fund Management – Experts manage your money while you focus on your child’s dreams.
✅ Flexibility & Liquidity – Unlike FDs, you can adjust SIP amounts anytime.
📲 Make the Smart Move with Miles Wealth
📌 We eliminate investment barriers—no financial knowledge needed! Just tell us your goal, and we’ll guide you to the right mutual funds.
🎯 Your Child’s Future is in Your Hands—Start a SIP Today!
🚀 Download the Miles Wealth App & Secure Their Education Now!
Disclaimer: This blog is for educational purposes only. The securities/investments mentioned here are not recommendations.
P.S. If mutual funds are on your mind, check out Miles Wealth! We make investing easy with personalised mutual funds tailored to your risk tolerance and financial goals. No need to be a finance expert or spend hours researching—just invest in funds that truly fit you. Download Miles Wealth today!
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