Financial planning for children Every parent wants their children to have a better future. They should not have to face financial crunch in their life. For this, it is important that parents start financial planning for their children only when they are young. Let us know what you have to do for this. This financial planning will be done in three steps, first of all you have to identify your goals. This can include higher education, recurring education, school trip, a bike, marriage, inheritance, etc. The second step is to prioritize your goals according to time and importance, so that one can go after the right goal at the right time. After this comes the third step. In this, we estimate the future expenses according to the current cost and inflation.
