Factor in all expenses. A child will have both short- and long-term expenses.
Don't ignore your financial goals. Your child's financial needs are only one of the many financial goals you have in your life.
Some avenues of investing for your child's future is:
#PPF, (Public Provident Fund) This is the best scheme to invest for a number of reasons.
#SukanyaSamriddhiAccount, especially for girl child
Gold Saving.
#Equitymutualfunds.
#Debtmutualfunds.
A blend of Bank deposits and Company deposits.
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How to care for money
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