Education inflation in India has emerged as a silent financial crisis that most parents discover too late. What was once a manageable expense has transformed into a multi-decade financial commitment that requires strategic planning and disciplined investing. The reality of education inflation is far more severe than most families realize, with costs rising at 2X … Read more
In today’s rapidly evolving financial landscape, teaching children about money management from an early age has become more crucial than ever. A well-structured allowance policy serves as the foundation for developing financial literacy and responsibility in Indian children. With the Indian economy growing and financial products becoming more complex, equipping the next generation with sound … Read more
Minor KYC and account conversion when your child turns 18 is a crucial financial milestone that many Indian parents overlook until it becomes urgent. When your child reaches adulthood, all financial accounts opened in their name as a minor must undergo mandatory conversion to major status following Reserve Bank of India guidelines. This process involves … Read more
Welcoming a baby brings immense joy but also significant financial responsibilities that many new parents underestimate. An emergency fund specifically for your baby isn’t just a luxury—it’s an absolute necessity in today’s unpredictable world. Unlike regular emergency funds, a baby-specific emergency fund must account for unique expenses like sudden medical treatments, specialized formula, emergency childcare, … Read more
Pre-school Fee Hike: Quick Action Guide How to Challenge Unreasonable Fee Hikes: File complaints with Child Rights Commissions, document all communications, join parent groups, and reference regulations like Delhi’s Fee Act (penalties up to Rs 10 lakh for violations). School fee Appeal Letter: Write respectful requests detailing your situation, asking for fee justification, and proposing … Read more
Toddler Healthcare Cost Inflation India 2025 Healthcare cost inflation for toddlers in India has reached alarming levels, with medical expenses rising at 14% annually – nearly double the general inflation rate. This unprecedented surge in pediatric healthcare costs is creating significant financial pressure on Indian families, making it increasingly challenging to provide quality medical care … Read more
Choosing the right savings account for your newborn is more than money – it’s the first step towards securing their future. So it will be important to know about Sukanya PPF RD or NPS Vatsalya – Which is Right ?,Pros and Cons of Sukanya PPF RD & NPS Vatsalya, SIP Calculator and Sukanya vs PPF … Read more
Introduction In today’s India, digital payments have become a part of everyday life. Whether it is buying groceries or paying school fees, people prefer UPI (Unified Payments Interface) because it is fast, safe, and simple. According to NPCI reports, UPI crossed 14 billion monthly transactions in 2024, making it the most used digital payment system … Read more
Introduction: Why Pocket money system for Indian children Pocket money in India is no longer just about giving kids a few rupees for snacks. It has transformed into a powerful tool for teaching financial literacy, especially in a country where only 27% of people are financially literate (NCFE data). From â‚ą125 in 1998 to an … Read more
Financial planning is no longer about just saving money—it’s about creating a secure, long-term system that allows families to achieve their goals without financial strain. For Non-Resident Indians (NRIs), who often juggle the responsibility of supporting their families in India while building their own wealth abroad, this balance becomes even more important. One of the newest … Read more