CHILD EDUCATION AND WEDDING PLANNING

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CHILD EDUCATION

Child education or “psychoeducation” is the ongoing process of educating family members about a serious mental illness in order to improve their coping skills and their ability to help a relative affected by the illness.

You love your children very much and hope to give them the best education. You may know college fees of today, but overlooked what will be the actual fee you have to pay really when your children really need funds to get admission in their preferred faculty. When your child grows, he/she will ask you for the fee. A child will not believe your answers. So friends, talking of love alone is not sufficient. If you really love your children, go for right investment from the time of birth of your child.

The cost of education in India is increasing at a fast pace. From primary to secondary to higher education, parents are increasingly finding it difficult to meet the growing fee structure and other costs associated with education.

According to National Sample Survey Office (NSSO), between 2008 and 2014, the average annual private expenditure for general education (primary level to post graduation and above) shot up by a staggering 175 percent while during the same period, the annual cost of professional and technical education increased by 96 percent. The expenses typically include course fees, books, transportation, coaching and other related costs.

WEDDING PLANNING

There are myriad costs that go into getting married, some of them unforeseen, which is why it's so important to have a plan to save for them. You'll want to choose a venue, a caterer, a florist, perhaps a band or DJ, not to mention wedding clothes, that make tying the knot special but don't set you (or your family) back financially for years to come. These strategies can help you put aside enough to meet your needs.

The amount you will spend on a wedding can vary greatly, depending on how big (or small) you decide to go. Comparing some numbers for average wedding costs can help put your potential outlay in perspective.

KEY TAKEAWAYS


  • The average cost of a wedding varies, based on where you live and the type of wedding you are planning.
  • The vast majority of couples budget too little for a wedding and wind up spending more than they’d planned.
  • Comparison shopping is one of the best ways to save on wedding costs.
  • Wedding savings should be liquid and easily accessible to pay for wedding costs as they arise.