Financial Kundali presents a simple calculator with the help of which you can easily calculate the Future Education Expenses of you child. All you need to do is:
1. Enter Present Course fees.
2. Present Age Of Child.
3. Years after which the money will be required.
Inflation Rate is taken as 10 %. Though you can change the Inflation rate, but it’s recommended to take inflation rate for Education as 10%. Read my article named ” INFLATION & YOU ” to know why!!!!….
This calculator also tells how much you need to save per month in order to accumulate the amount for Higher Education after a certain period of time. All you need to do is ENTER Rate of Interest at which the amount will be invested. Default rate is 8.5%. You can change it as per you investment avenue.
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