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Ten years ago, it was not very common
for students to travel overseas for their masters or
doctoral pursuits. Today, increasingly, parents are
willing to fund overseas education for their children
not only their post-graduation but also
under-graduation. That is why Children’s education
funding has become an important part of Financial
Planning in India.
It is best to plan for your child’s
foreign education as early as possible. If you have a
time horizon of 10 years, your investment planning will
be less strained to create the funds than if you have
only 5 years left to go. Your target for
investment management needs to account for inflation
as well as exchange rates and foreign currency student
loans. Our Financial Advice covers all these aspects.
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