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It is every parent’s dream to see their child get married in a lavish ceremony
Bajaj Capital / 12:00 Apr 17,2008

Children Marriage:


It is every parent’s dream to see their child get married in a lavish ceremony and see him / her embark upon a blissful journey of married life. There were times when the ceremony was important for its sheer sanctity, but now it signifies much more.


Lavish Parties, Guest List running in to 100s and 1000s, Gifts in form of Jewelry, Cash, etc. and other Such Expenses can have the marriage cost run into millions.


Even if this looks like a distant occasion, you need to plan it through. It has to be a happy and well provided for event and not something that will give you sleepless nights, months before.


Let us make it clearer with the help of an example.


Raj needs Rs. 15 lac, in today’s value, for his daughter’s marriage, 15 years hence. The amount will grow to Rs. 31.18 lac, after 15 years, by just taking into account the effect of inflation. Inflation here is taken equal to a meager 5%.


Does this look like your story too? Do you have any idea how you will arrange for such a huge amount? 


We will help you.


As already re-iterated, it is important that you plan your savings systematically.


Do you know, a monthly savings of as low as Rs. 7, 000 can help you realize the dream wedding for your child. The earlier you start saving and investing towards your financial goals, the more comfortable your goal achievement will become. Also, please remember that Prudent Asset Allocation is the key to achieving the goals. Your Hard Earned Income (savings) needs to be well allocated in a suitable asset allocation so that you can achieve your Goals with ease.


Plan Now!


If you already are a Just Trade client; you can make your Financial Plan by logging on to the Just Plan link in the website.


Else Open an Account now towards a worry-free financial life


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