Hope this infographics helped you in understanding that “All is not well” in case of raising kids. You should also read “Complete Guide on Child Future Planning”.
Financing of Higher Education – Calculate
Download Education Cost Calculator: If you are not able to work in above sheet – you can download this education cost calculator from here.
Note: Monthly numbers may not be perfect – two reasons:
- With time your income will increase & you can increase you savings. So someone can start with Rs 2000 saving but it can be Rs 10000 after 10-15 years
- In above example one goal is at the age of 15 & another at 26. So once the first goal is achieved, parents can think of diverting that amount for other goals.
If you have any practical experience regarding cost of education – please add that in comment section; it may help other readers.