When I held my baby for the first time, I was encompassed by sheer happiness and the very next moment felt a sense of responsibility. I knew it right then, raising another human is no joke.
We parents dip ourselves into a whirlwind that comes along with raising a whole other functional human being that we created. We hold their hand and teach them to walk and confidently unleash those free spirits when we feel they are ready. We let them fall and learn yet tenderly offer a hand when they need help.
As it is rightly said – Once a parent, always a parent. The sense of responsibility and undying will to give the best to our child never fades.
The one thing we also worry about as parents is the ability to meet the demands of our child. One of the most significant contributions to this is our child’s education. Majority of parents believe in saving a part of their income to ensure that they don’t face a shortage of funds at the time of paying for their child’s education, yet many of them end up taking education loans at high interest rates.
I knew since a young age that I wanted to be a teacher. I acquired a degree in Education and four years later my younger sister wanted to pursue the same course. To my surprise, my parents had to shell out triple the amount in fees. While this was the difference in fees between only four years, I wonder what the fee structure will be like when my son grows up.
It will not be an exaggeration to say that by the time our child decides to opt for a professional course or other higher education streams, the cost of education would have gone up by many folds. But are we prepared to manage these rising costs with our annual savings?
The Time To Prepare for The Future Is Now
While there are multiple saving options out there, an insurance plan specifically suited for children is something I was looking for. I stopped my hunt when I came across the Child plans offered by IDBI Federal Life Insurance.
We cannot take chances with our child’s future and needs. Planning well in advance in order to reap the benefits later is something that child specific insurance plans allow and I found my right partner with IDBI Federal Life Insurance.
Currently, they are running a campaign that encourages parents to ensure a bright future for their children with systematic policies and investment plans, which I think is a great initiative. In a light hearted tone, their latest video speaks about how unpredictable the future can be and the best way to a guaranteed security in the future is to act wisely today.
By choosing the right child plan for your baby now, you can remain stress free and concentrate on the upbringing of your child in the best possible way. And so I insist this is one gift you must give to your child!
As part of their #BabyGotPlans campaign, they are also running a contest which could get your kid to feature in their next digital video! Here is my entry, you can participate too by clicking here
“Wooopsie Dasiessss… I did yet another mischievous and mom found out”
Since your #BabyGotPlans, so should you!