Everyone has financial goals but one of the big financial goals that each person has as a parent is putting one’s child through college. When should you invest for your child, how much should you invest, what is the right route, how do you evade tax, should you continue with your own investment, should you make a separate investment for your child? These are a few questions one tries to find answers for while planning for his/her child’s future.
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Jyotsna Singh, Senior ED, Kotak Wealth Management and Hansi Mehrotra, Founder, The Money Hans on Smart Money discussed what are the various financial needs of children that parents need to plan and how should one go about it.
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First Published: Feb 26, 2021 6:48 PM IST
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