I have a shop on the street, and my child is currently in 2nd grade. How can I save money for her future education?

I have a shop on the street, and my child is currently in 2nd grade. How can I save money for her future education?

Ravi: "Open a recurring deposit account in a bank; even small amounts add up over time."

Aisha: "Look into child education savings plans; they’re secure and can grow with time."

Priya: "Save a fixed percentage of daily sales from the shop for long-term use."

Samir: "Teach her the value of savings early. Encourage her to save as well."

Meena: "Invest in a trusted mutual fund with a small, monthly contribution."

Anil: "Consider a life insurance plan that offers benefits when she turns 18."

Kavya: "Set up a separate piggy bank at home for her future needs."

Rohit: "Open a long-term PPF account for tax-free growth until she’s older."

Fatima: "Start a side business for added income dedicated solely to her future."

Manoj: "Invest in gold or silver occasionally; they can be beneficial later."

Suman: "Create an emergency fund, so her education isn’t affected in tough times."

Jaya: "Review and cut unnecessary monthly expenses to save more effectively."

Raj: "Deposit a part of your festival or seasonal earnings into her savings."

Neha: "Use mobile apps that help track and organize finances easily."

Amit: "Automate monthly savings, so you’re consistent without extra effort."

Veena: "Apply for government schemes for girl child education if available."

Sudhir: "Shop smartly to reduce costs and put those savings aside for her."

Sara: "Talk to a financial planner to get advice on low-risk investments."

Gopal: "Set realistic goals for her education costs and adjust savings accordingly."

Rina: "Try saving through monthly recurring deposits (RD) in your bank."

Ajay: "Diversify savings between secure accounts and low-risk investments."

Bindu: "Keep a financial diary to track expenses, so you can save more."

Suresh: "Plan her education and medical needs in advance for better saving habits."

Preeti: "Sell items you don’t need around the house to build a small education fund."

Anu: "Consider opening a child insurance policy for tax benefits."

Vikas: "Put aside cash gifts or bonuses as contributions to her education fund."

Rashmi: "Save any spare change in a jar dedicated to her future needs."

Ramesh: "Invest in education bonds that grow steadily over time."

Divya: "Think about health insurance to reduce emergency medical costs."

Sameer: "Try low-risk SIPs for gradual wealth building aimed at her education."

Kiran: "Set short-term and long-term savings goals to stay motivated."

Pranita: "Use a digital financial planner to keep track of all investments."

Yash: "Attend workshops or free seminars on saving for children’s futures."

Mona: "Adjust your savings plan annually based on her needs and school fees."

Akhil: "Avoid small loans or debts to focus all earnings on her future."

Tanvi: "Teach her about savings too—it builds lifelong financial habits."