Young parents locate child's education before retirement, health
With
education becoming all the time more expensive, young parents are readjusting
their lifestyles to ensure their
child's education. A whopping 97% of Bangalore
This was a major finding of research on savings and investment practices by young parents inIndia Bangalore
Also, 77% in the city opined that cost of education will be sky-high in the future, 62% think they should start savings immediately, and half the population of young parents fears they won't be able to afford higher education for their children.
The economic hold up has again played a great role in savings. More young parents are planning for their children and taking up child plan schemes and looking for flexible premiums so that when the market bounces back and their incomes soar, they can pay higher premia.
More than 67% young parents inIndia give their child's education priority over
retirement and health — Bangalore
The traditional approach of parents wanting their children to become engineers and doctors hasn't seen much change — 26% parents still insist their children take up engineering and medicine. ButBangalore
Saving for kid's marriage has taken a back seat — only 33% ofBangalore
This was a major finding of research on savings and investment practices by young parents in
Also, 77% in the city opined that cost of education will be sky-high in the future, 62% think they should start savings immediately, and half the population of young parents fears they won't be able to afford higher education for their children.
The economic hold up has again played a great role in savings. More young parents are planning for their children and taking up child plan schemes and looking for flexible premiums so that when the market bounces back and their incomes soar, they can pay higher premia.
More than 67% young parents in
The traditional approach of parents wanting their children to become engineers and doctors hasn't seen much change — 26% parents still insist their children take up engineering and medicine. But
Saving for kid's marriage has taken a back seat — only 33% of
For More Information About Insurance.
|
|
