ABC of Personal Finance - 🔴Effective financial planning for children | CHILD'S FINANCIAL FUTURE

📚Payroll, Excel & Labour Law Courses for career growth: https://lpt.institute/courses/ 💸DEMAT Zerodha: https://link.lla.in/zerodha _____________________________________________________ Graduation, post-graduation, marriage, and contingencies take a huge toll on your financial health in the need of the hour. The family that prepares for their child's financial future ahead of the time sails perfectly and doesn't disturb their financial well being in future. In this video, we attempt to explain to you, how to prepare for your child's financial future right from their birth, to avoid maximum contingencies in the future. A report from the national sample survey revealed that about 44.81 million students couldn't afford post graduation in 2014. This is 16.6% male population of India and 9.5% female population of India. It's time we acknowledge the fact that very few families can afford the higher education of their children and rely on education loans for the same. Since there is a huge mismatch between the per capita income of India and the per year cost of higher education in India, crores of students drop the idea of pursuing higher education in India every year. Watch this video carefully to understand this financial advice to save and invest for your child's bright future. Your money matters are not as complex as they seem to you. Learn how to invest money, save money and consume money at the correct time. Investment for child education is the most crucial investment you have to make right now. Shop Rich Dad, Poor Dad: https://amzn.to/2OJ7gmf Other recommended books: https://www.amazon.in/gp/registry/wis… Ayushman Bharat Yojana: https://www.youtube.com/watch?v=-NARmuNP2JE _____________________________________________________ Read about this in English: https://labourlawadvisor.in/blog/category/financial-advisor-labour-law-advisor/ ____________________________________________________ Chapters: 00:00 Intro 03:30 Lessons for kids 03:38 Piggy bank 04:24 Teach value of money 04:55 Pocket money 06:45 Reading books 07:20 Lessons for parents 07:29 Savings 08:18 Insurance 10:43 Save and invest 13:43 Write your will 14:14 Start investing early ____________________________________________________ PLAYLISTS : Money Frauds You Must Know: https://link.lla.in/LLA-PL-Money-Frauds Life Insurance Guide: https://link.lla.in/LLA-PL-life-insurance Demat Account Guide: https://link.lla.in/LLA-PL-Demat-Account-Guide Income Tax: https://link.lla.in/LLA-PL-Income-Tax-TDS Jagruk Talks S2: https://link.lla.in/LLA-PL-Jagruk-Talks-S2 Business Basics: https://link.lla.in/LLA-PL-Business-Basic ABC of Personal Finance: https://tinyurl.com/LLA-Financial-Advisor-Playlist Labour Law Crash Course Series: https://tinyurl.com/Labour-Law-Crash-Course Social Security Schemes: https://tinyurl.com/LLA-Social-Security-Schemes _____________________________________________________ Follow us on Social Media📲 Twitter: https://link.lla.in/LLAtwitter Instagram: https://link.lla.in/LLAinsta Telegram: https://t.me/JoinLLA Facebook: https://link.lla.in/LLAFB _____________________________________________________ 📰Get the LLA newsletter for FREE: https://labourlawadvisor.in/newsletter/ 🕵️Employment Consultancy, Contract Review, Salary Structure Review: https://www.consult.lla.in/ #LLA #FinancialPlanning #FamilyPlanning