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Here's how you can ensure your child's education is not hit by inflation

Before beginning to invest towards your child's higher education corpus, make sure you have the following pre-requisites covered

Education, Investment
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Photo: Shutterstock

Naveen Kukreja New Delhi
The sharp and continuous rise in education costs, whether in India or abroad, is a clear indicator of the need to financially plan for your child's higher education. Though most parents prioritize saving and investing for their child’s education, they often miss on starting early and end up with inadequate funds.

An efficient financial plan is of little use if not implemented timely, especially due to inflation's ability to reduce the value of accumulated corpus over time. 

Why an early start is important?

The famous saying “early bird catches the worm “fits aptly for achieving any financial goal in life.