Thread: Should I save for my child’s future? View Unread First Share
10 Mar 2017, 06:31 PM
#1

Imaadullah Khan

Join Date: August 2017

Location:

Posts: 0

Mentioned: 0

I am a spender and have never believed in saving. A little while ago I had a daughter and now I’m thinking that I need to start saving. Do you think I should start now or wait for a later time to invest in my child’s future?

10 Mar 2017, 08:07 PM
#2

Zameer Khan

Join Date: August 2017

Location:

Posts: 0

Mentioned: 0

Invest now! The market is great and you will get a good return in the stock market.

10 Mar 2017, 08:10 PM
#3

Farkhanda Noor

Join Date: August 2017

Location:

Posts: 0

Mentioned: 0

Now is the best option. There are so many options that you can choose from as well.

13 Mar 2017, 11:48 AM
#4

Salma Jawaid

Join Date: August 2017

Location:

Posts: 0

Mentioned: 0

If you really want best future for your child and want him to go to a good college and have a quality education then definitely start saving for your child’s future  as that is going to be your biggest concern.Start saving early before his elementary school so that you do not end up paying on high debt.

 

13 Mar 2017, 12:20 PM
#5

Lubna Furqan

Join Date: August 2017

Location:

Posts: 0

Mentioned: 0

Wait till she turns 5 at least. Till then fulfill all your dreams.

13 Mar 2017, 12:24 PM
#6

Ali Ahmed

Join Date: August 2017

Location:

Posts: 0

Mentioned: 0

13 Mar 2017, 12:40 PM
#7

Najma Tahir

Join Date: August 2017

Location:

Posts: 0

Mentioned: 0

I'm looking for some advice on saving for my child's future. She's 13 months old at the moment and since she was born, we've put away Rs5000 a month and birthday money etc.... (I know it's not mega amounts but it's better than nothing!). When she was born, we opened a saving's account with HBL and earned 6% after a year with the total standing now at Rs50,000. We've now just opened a Karachi & Lahore which will pay 5% interest AER after 12 months as we're drip feeding the Rs50,000 back in each month with the maximum payment of Rs20,000 a month being made and then dropping back down to the regular Rs5000 once the accrued Rs50,000 has been dripfed in.

We're just wondering if this is the most profitable method of saving at the moment? We don't know whether to save or invest? The risk isn't too much of an issue and we'd be happy to consider it.

 

13 Mar 2017, 12:43 PM
#8

Mahida Sheikh

Join Date: August 2017

Location:

Posts: 0

Mentioned: 0

Savings can be done in others forms too apart from the fixed deposit accounts... You can also buy insurance plans. Like for her education and marriage etc.. You can simply take up brochures and do the comparison by yourself that best suits your financial plans.

If you have no idea, then catch up with the smart choice website (or their facebook page) they are help in finding the best  choice.

22 Apr 2017, 12:09 PM
#9

Join Date: August 2017

Location:

Posts: 0

Mentioned: 0

Quick Reply
Message


Display Options Posts 1 to 9 of 9
ICONS DEFINATION POSTING RULES
New Post
Hot / Trending Post
Thread Closed
No New Post

Do not Bypass the swear filter or other filters.

Do not Post links to phishing sites.

TRENDING POSTS
SUBSCRIBE TO NEWSLETTER
FOLLOW US ON FACEBOOK
FOLLOW US ON INSTAGRAM
SOCIAL NETWORK

Subscribe to Our Newsletter

Don't worry, we don't like spam either.