Investment For Children’s Education: The cost of children’s education is increasing every year and that is why parents have started planning early. Fees for streams like medical, engineering, management or studying abroad are increasing so fast that just saving does not work. The real difference here is the right investment. If the child is small then even by starting with a small amount a bigger fund can be made in future. You just have to decide in which option the money should be invested. Some plans are safe, some give better returns, and some are specially designed for the education of daughters. Let us see which option fits your needs better.

PPF stable return option

PPF has long been considered a reliable investment because here your hard-earned capital remains safe and the interest rate is decided by the government. This is perfect for parents who prefer a risk-free approach. The lock-in is of 15 years, so this is a good option for long-term goals like children’s education. By investing continuously, it becomes a good fund till maturity.

At present it is getting 7.1 percent interest. Investment can be started with a minimum of Rs 500 annually and the maximum limit is Rs 1.5 lakh. Even after maturity, the account can be extended in blocks of 5 years. Tax benefit is also available.

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Mutual Fund Smart Growth Plan

If you want to prepare a big fund for children’s education. So mutual fund SIP is a wise option. Returns depend on the market. Therefore there is risk also. But compounding balances this risk to a great extent in the long run. SIP can grow rapidly in 10 to 15 years and can make big expenses easier.

Starting with a small investment and the facility to increase the amount every year makes it even better. Parents who can tolerate some market fluctuations and have a long-term perspective. This is a great choice for them. The market will go up and down. But there are equal opportunities for growth. Therefore, this is a good way to create funds for children’s education.

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Sukanya Samriddhi Yojana best for daughters

If there is a daughter in the house then Sukanya Samriddhi Yojana is one of the most beneficial schemes. It is safe and currently gives a high interest rate of 8.2 percent. The account is opened in the name of a daughter below 10 years of age. The investment period is 15 years and the account matures in 21 years. Minimum Rs 250 and maximum Rs 1.5 lakh can be deposited annually. The returns received can cover a large part of the daughters’ higher education. Tax benefits are also available and there is no risk at all. Therefore, this plan is considered best for parents who want to create a future fund for their daughters.

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Excessive phone use is significantly affecting children’s education. This has been revealed in a study. Let us know what this study says about children using phones. Research has revealed that excessive screen time is adversely affecting children’s understanding of basic maths and reading. According to experts, children are not able to focus for long while solving any problem, which has a direct impact on their studies and behavior.

In this era of technology, children have started using mobile, tablet or laptop more for studies, especially after Covid, their screen time has increased a lot due to online classes, but research shows that increasing screen time is having a negative impact on children’s studies. Even children who have more screen time have seen a decline of up to 10% in their marks. This study TARGet Kids! Has been done under the network. In which Dr. Catherine Birken and Dr. Jonathan Maguire have played important roles.

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What was found in the research?

In fact, research conducted on more than 5,000 children in Canada from 2008 to 2023 revealed that the thinking ability of children who spend more time on screens from a young age is gradually weakening. For every extra hour of screen time, the studies of younger children were decreasing by 9% and the math marks of older students were decreasing by 10%. However, there is not much difference on writing skills. Teachers say that now children are not able to concentrate on one thing for long.

sleep is also affected

According to experts, spending more time on screen also affects sleep. Sitting for long periods of time and consuming content with excessive light or rapidly changing colors and sounds tires children’s brain. Especially the brain of children below eight years of age is very sensitive.

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