Does Your New Year Resolution Include Saving For Your Child’s Education?

childs education

Everyone has dreams and goals that they want to fulfil. Well, in order to fulfill these dreams, we must try to implement it in order to achieve those goals. These goals need a smart plan and SIP will be that one-stop best solution for fulfilling their dreams. Let us see the following details for more information:

What Actually A SIP is?

Before moving any further, I would first like to tell you about what actually a Systematic Investment Plan (SIP) is. A SIP is a planning method by which you can make an investment in mutual funds, by contributing a small and periodic installments. SIP can be initiated on any day of the month, which means that you are not supposed to wait for the first day of a month, or any particular day, as is generally seen in every other scheme. One more flexibility of this plan is that you can choose any amount to get this plan started, be it as little as Rs. 1000. This SIP has been implemented to remind yourself to save money, just like we always remember to pay our bills, which is the best way in order to achieve all the goals and dreams that we ever think of.

The Various SIP Plans Available for You:

Whenever you browse for SIP on the internet, you will get hundreds of links claiming to give the best the best SIP plan. They would do nothing else than to confuse you. There are several offers also that tends to act as a bait for you, such as many investment plan claims lakhs and lakhs of money by just saving a few thousands per month. Such are offers that lure customers. Once they buy an investment plan, only then they know about the various terms and conditions associated with the plan. In order to save ourselves from such a fraudulent scheme, we need to have a more transparent and genuine investment plan, with no hidden terms and conditions. After a long search about the various Systematic Investment Plan (SIP), I have come up with the one that till now is the best SIP plan that I got.

Birla Sun Life’s Systematic Investment Plan:

I would rather call Birla Sun Life’s SIP as Sabse Important Plan, rather than the Systematic Investment Plan. This SIP makes you remember that in addition to earning, and spending, we must also have a habit of investing our money on a regular basis. Some dream about having a car, a house, while others may dream of a lavish lifestyle. Besides all these, we also have to take care of our child’s education, their marriage as well as our retirement. How is all this even possible? Eventually, we give up all our dreams and start focusing on just the present. But the question here arises is, Is That Enough?

If it is possible to live our every dream, while securing our child’s future as well, then obviously, it is not enough. Living with all our dreams coming true may seem a little impossible, but trust me, it is actually not. Every dream can be achieved by just investing a small amount of money every month, over a considerable period of time. Such an  investment plan is offered by Birla Sun Life mutual funds, where you invest regularly in a disciplined manner.

So, let us make a New Year’s resolution this year. We will save for our child’s education, as well as live our every dream. We will invest out money in the Birla Sun Life’s mutual fund, and will complete our resolution this year.