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6 Best Ways to Save for Your Child's Future
Parenthood is an important responsibility. You have had your baby, and you have grand plans for her life– you’re determined to give her everything she needs to grow up to live a happy, healthy, and successful life. While your heart is in the right place, saving money to secure your little one’s future involves a series of practical decisions. The avenues are many; you need to know how to go about it.
6 Beneficial Ways to Save for Your Child’s Future
Whether it's for play school or for higher studies abroad, saving is a must for any and every event in your child’s life. Below we have a few essential things to remember when saving for your little one’s future – these small tips will go a long way and get you benefits that you will be extremely grateful for in times of need.
1. Start early.
The best way to start saving for your child’s future is to start as soon as you can. Yes, your child is still too young, but that’s precisely why you should start this early – there will be comparatively fewer costs, and you can stash away more money now than later. Starting at an early stage can help set a momentum over the years. Open a simple savings account for your child and begin depositing small amounts regularly. By the time she starts earning, imagine how much you’re going to accumulate!
2. Calculate how much you’ll need.
To start saving, you will need a basic idea of how much you need to achieve your goal. First off, set a number. What is the purpose of your saving? Let's say that your goal is to save for your child's higher education. If the average cost of courses across streams in different colleges is around 8 lakh today, keeping inflation in mind, you may assume the goal is to save around 20 lakh. Even if it is a large sum, you will have already had a head start into saving for her college education! Keeping a rough idea in mind is beneficial in the case of saving.
3. Save on your daily expenses.
The invisible yet valuable way you can save for your child’s future is by saving on the little things in the present. In this matter, your bank is your best friend. Go for a bank that provides you with a smooth banking experience and has something valuable to add to your daily transactions. It could be in the form of great cashback offers, discounts on shopping, leisure and entertainment, easy-to- follow-through EMIs, and less to worry about in terms of general spending. Digibank is a great option – there is a whole bank present in that little smartphone app! The digibank debit card has lucrative and gainful offers on grocery shopping, food, entertainment, domestic and international travel and rentals to name a few. What’s the best part? You don’t even have to go to the bank to open your savings account physically – you can do it directly on the digibank app! You can save your time and your money and still enjoy life's great moments.
4. Take advantage of the presents and gifts.
You’re most likely flooded with gifts and presents as new parents – some close friends and family have probably gone the traditional route and gifted you gold or silver in different forms. That is a great way to begin saving for your child! Accumulate all these valuable gifts and store them; make use of them when the time is right – as the market fluctuates, the value of these gifts (especially gold) will go up as well. Keep an eye out for the best ROIs. This may not be the most reliable option, but it’s not disadvantageous either.
5. Diversify your investments.
You know the popular saying – don’t put all your eggs in one basket! You’re likely to have different goals in terms of the money you need to save, and you may also need this money in times of a crisis. Various investments will get you different returns which will benefit you in many ways. The best way to go about this is to divide your goals into short-term and long-term goals and go about saving that way. For short-term investments, a fixed or recurring deposit account is your best bet. These accounts guarantee good ROIs, and they change depending on how much you deposit every month. One condition – you can’t withdraw this money in the middle of the cycle! Thus, it’s essential to find an investment plan that promises you high returns.
Long-term investments are better for your child for the distant future. Going for Systematic Investment Plans (SIP) is a good idea in this case as you can start saving as little as INR 500 per month, and also see your wealth grow via the power of compounding. Mutual funds, on the other hand, let you invest across a wide range of markets, industries and sectors. They also come with varying risks and rewards, so you can always find something to suit you based on your risk appetite & investment horizon. Long-term investment options like equity mutual funds are extremely beneficial for plans that involve higher education, especially abroad.
The best way to decide on your short and long-term investments is finding a bank that gives you a myriad of options to choose from, and high rates to match. By banking with digibank, you can get up to 7.5% interest on your recurring and fixed deposit investments. Digibank also gives you different cycles to choose from, so you can decide how much you want to invest and for how long. It also allows you to invest in over 250+ paperless mutual funds from 14 Asset Management Companies (AMCs). This way, your finances are totally under your control – you can check for regular updates on the digibank app on your phone.
6. Save for a rainy day.
Whether in the form of medical expenses or replacing something at home, unforeseen expenses cannot be ignored. Thus, it’s best to save for a rainy day. Investing in a good insurance plan for yourself and your family is a great way to take care of unfavourable circumstances. Make sure that you have read the terms and conditions of the insurance plan properly before investing because some of the understated conditions can make you feel like you’re losing money instead of getting something out of it. Once your insurance is set, you’ll feel much more at ease about any uncalled for expenses that might come your way.
These were a few critical ways in which you can start saving money for your child’s future. There are many options to choose from these days which can make the process look daunting – digibank makes it easy. All you have to do is download the app and open up your account to reap the benefits of the facilities and investment options mentioned above. It’s best to start early because it’ll give you more time to accumulate the investment for a favourable ROI. Your child’s future is precious; make wise decisions!
Also Read:
Best Investment Options for Girl Child in India
Tips for Opening a Bank Account for Kids
Reasons to Open a Savings Account for Your Child Read more
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Types of Twins in Pregnancy - Identical & Fraternal
Twins are two babies who share the same uterus of a single mother and are usually born on the same day, although not necessary. Since the womb of a mother is usually limited in size, it is very likely that multiple and twin pregnancies are not always carried to full term.
Modern procedures of artificial insemination have increased the chances of conceiving twins. However, not all twins look completely alike and there can be different types of twins depending on the nature of their conception. If you are wondering about how many types of twins there are on record, here’s a breakup.
What Are the Different Types of Twins?
The two types of twins that are widely known are the fraternal twins and the identical twins.
Fraternal twins are created when two different eggs are fertilised by separate sperms. These twins do not look completely alike and are more likely to be a boy and girl pair.
Identical twins are created when a single fertilised egg creates a zygote that splits up to form two different embryos. These twins have distinctly similar features and are usually of the same sex.
Fraternal Twins (Dizygotic Twins)
Fraternal twins are the result of hyper-ovulation by the mother. This means that the mother, due to genetics or fertility treatment procedures may release more than one egg, which gets fertilized by two separate sperms. These twins each have their own placenta and an amniotic sac. However, when the eggs fertilize it is possible for the placentas to fuse together due to their proximity, which causes them to be mistaken for identical twins. Fraternal twins do not completely resemble one another although there may be striking similarities.
Types of Fraternal Twins
There are different types of twin babies in the fraternal twins category.
1. Sororal Twins: A girl and girl pairing of fraternal twins are called the sororal twins. This pairing is very rare.
2. Superfetation: Superfetation is when an egg is released and fertilized while the mother is already pregnant. Here twins are conceived at different times.
3. Heteropaternal Superfecundation: If a woman releases more than one egg during ovulation, it is possible for two eggs to get fertilized by different men. This can result in the twins having different fathers.
4. Tetragametic Chimerism: When one of the zygotes out of the set of fraternal twins is absorbed into the other, resulting in a singular zygote, there will be one baby with two different strains of DNA.
Identical Twins (Monozygotic Twins)
Identical twins are created when a single egg is fertilized by one sperm. This egg then splits in two creating two babies with the same DNA. These twins may or may not share an amniotic sac and a placenta, based on the time of the split of the egg. The twins will each have their own placenta and amniotic sac if the egg splits within the first two days. If it splits within the next three to eight days, they will have the same placenta with separate amniotic sacs. In case the egg splits after thirteen days they will share a placenta and amniotic sac which can result in a high-risk pregnancy and cause complications to the twins. If the egg doesn’t split until much later, conjoined twins or Siamese twins are formed.
When identical twins share a placenta, something known as a twin to twin transfusion may occur where one twin may pass on blood to the other. Here the twin receiving the blood will have excessive red blood cells and the twin donating the blood will have a lack of it, causing complications in both the twins.
Types of Identical Twins
The different types of identical twins are:
1. Mirror Image Twins: These twins are created when the eggs split after a week or more after conception. Here, the left part of the egg becomes one twin and the right becomes the other. They are mirror images of each other as such that if one has a mole on the right hand the other will have a mole on the left. It is also possible for the organs in one twin to be on the opposite side of the body.
2. Polar Body Twins: This happens when the egg splits unevenly before fertilization. Usually, the smaller half, known as the polar body dissolves into the mother. However, on rare occasions, it acts as a second egg which is then fertilized by a different sperm of the father. This results in twins sharing the DNA of the egg but having different DNAs from the sperms.
3. Siamese Twins Or Conjoined Twins: When the egg takes longer to split and doesn’t split completely, conjoined twins, attached to a particular part of the body are born.
With the use of artificial insemination procedures, the number of women having twins and multiple pregnancies is on the rise. It is surely a miracle to have two babies that look alike. However, twin pregnancies are considered to be high-risk pregnancies and proper consultation with an experienced doctor is recommended.
Also Read: Twins Delivery – All You Must Know Read more
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Toys To Boost Body Part Naming in Tots
Looking for proven ways of teaching toddlers about body parts using toys? The right ones prove to be very helpful for toddlers. These child-friendly toys will help them learn and remember the names of different body parts. Even the complicated ones like knees, ankles, shoulders, and more!
Tired of crooning “One little, two little, three little fingers?” Nursery rhymes and songs are surely helpful in introducing the names of different body parts, but then, they aren't enough. Bring in bright, easy-to-play toys, which teach the names and functions of various body parts. Along with enjoying the whole process, your little one will learn the human body vocabulary much faster. Here are the most favoured toddler toys for naming body parts.
Toys that Help 21-Months-Old to Learn about Body Parts
A Winding Doll:
Little kids love playing with dolls, especially the ones that move. Toddlers are best educated about the human anatomy with the help of dolls. So, get that winding doll that walks and says a few words. With a doll as a teaching aid, you will find it easy to show how ‘legs’ are useful for walking, or why ‘eyes’ turn when the ‘head’ moves left or right. Similarly, if your kid’s play pen has a boy-doll that starts drumming after being wound or activated with a play button, use it to show how ‘hands’ are needed for drumming, or ‘fingers’ make it possible to hold the sticks firmly.
Wooden Body Puzzles:
One good way of teaching toddlers about body parts using toys is through puzzles. These educational toys are much loved because of their child-friendly designs and catchy colours. Such puzzles are available in both anatomies- a girl's and even a boy's. So, to begin with, pick the one that matches your child’s gender and go ahead with explaining that to avoid any confusion.
Plush Toys:
Get cuddly and colourful plush toys in the shape of hands, heart or eye balls. Tots will love to compare their own body parts with their plushies. Besides, the touch and feel of this toy will make it impossible for the child to forget that particular body part.
Sound Books:
These oft-purchased toy books have sound panels installed in them. Upon being touched at the right spot, they make specific noises to help your child relate. For example, there are snoring sounds, sneezing sounds, yawn sounds etc. With the help of these sound based books, parents can help their kids learn more about the names of various body parts and their specific functions and sounds.
Anatomy Board Games:
Buy an anatomy board game and encourage your little one to play with you or her older siblings. She might not get the hang of it at the very onset, but once familiar, she is bound to participate actively and begin rattling off the names of various parts of the human body.
Once toddlers learn the names of human body parts, you will find them standing solo in front of the mirror, busy discovering their own body parts- especially the ones that they have learnt recently. Such is the strong association between toys and body parts naming! Read more
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काश ऐसा हो कि हम अपने आप से हमेशा प्यार करें
जी हाँ पाठको एक बार फिर हाजिर हूँ अपने कुछ महत्वपूर्ण विचारों को लेकर इस लेख के माध्यम से, आशा है कि आप जरूर सहमत होंगे ।
जी हाँ, अक्सर यह देखने में आ रहा है कि हमारे देश में कई ऐसी बीमारियां व्याप्त हैं, जिनकी शिकार केवल महिलाएं ही होती हैं, जैसे ब्रेस्ट कैंसर या सरवाइकल कैंसर, लेकिन इसके अतिरिक्त एक बीमारी और भी देखी गई है और वो भी सबसे ज्यादा महिलाओं में ही पाई जाती है । उस बीमारी का नाम है –एनोरेक्सिया। यह एक किस्म का इंटिग डिसऑर्डर है, जिसमें व्यक्ति इस डर से खाना-पीना छोड़ देता है कि कहीं वो मोटा न हो जाए, “और यह आदत ज्यादातर महिलाओं में ही देखी जाती है” ……..काश ऐसा होता कि महिलाए ऐसा ना सोचे तो इस तरह की बीमारियों से ग्रसित होने से वे बच सकती हैं । पूरी दुनियां में 0.3 प्रतिशत पुरूष इस बीमारी के शिकार हैं, जबकि 13 फीसदी महिलाएं इस बीमारी की शिकार हैं ।
दो साल पहले इंटरनेशनल जर्नल ऑफ इंटिंग डिसऑर्डर ने एक सर्वे किया और उसमें यह पाया गया कि 60 फीसदी से ज्यादा मॉडल इस बीमारी की शिकार हैं और उनका वजन एक स्वस्थ शरीर के मानकों के हिसाब से बहुत कम है ।
कुछ समय पहले आईआईटी की एक विद्यार्थी ने फांसी लगाकर आत्महत्या कर ली । वह मोटी थी और अपने मोटापे को लेकर शर्मिंदा भी । उसे लगता था कि उसका गणित विषय में सौ में से सौ नंबर लाना और देश की सर्वश्रेष्ठ यूनिवर्सिटी में एड़मिशन पाना बेईमानी है, क्योंकि मोटे होने की वजह से उसे कोई प्यार नहीं करता । काश कि ऐसी सोच हमारी बेटियां अपने दिमाग में पनपने ना दें ।
अपने आसपास हमें ढेरों ऐसी बेटियां मिल जाएंगी, जो खाने से ज्यादा खाने की कैलोरी गिना करतीं हैं । हर वक्त वे इस चिंता से ग्रसित रहती हैं कि वे कहीं ज्यादा खाने से मोटी ना हो जाएं । जो ज्यादा पतली हैं, वे इस हीन भावना से ग्रस्त हैं कि वे मोटी क्यों नहीं हो रहीं ? और जो मोटी हैं, वे अपने मोटापे से शर्मिंदा हैं, शरीर के आकार को लेकर चिंतित हैं, अपनी चमड़ी के रंग पर शर्मिंदा हैं और यही अवसाद की जड़ आदतों में परिवर्तित हो जाती हैं, जो आगे जाकर स्वास्थ्य के लिये अहितकर साबित होती हैं । सबसे बड़ी बात यह है कि ये शर्मिंदगी पुरूषों को उतनी नहीं है, जितनी महिलाओं को हैं,……..काश ऐसा होता कि महिलाओं की सोच भी पुरूषों की तरह ही होती तो कितना फायदा होता उनके स्वास्थ्य के लिए ।
पुरूष अपनी बढ़ी हुई तोंद के लिए शर्मिंदा नहीं हैं , लेकिन महिलाएं हैं । महिलाएं शर्मिंदा ज्यादा हैं, क्योंकि टी.वी., सिनेमा, और ब्यूटी प्रोड़क्ट के विज्ञापन तक रात-दिन महिला को उस शर्मिंदगी का एहसास कराते रहते हैं । सब जगह यही प्रसारित होता है कि एक सुंदर महिला किस खास साईज या आकार की होती है और हमें बताया जा रहा है कि एक महिला को आदर्श कैसा होना चाहिए, काश ऐसा होता कि इस तरह के विज्ञापन मीडि़या के माध्यमों से प्रसारित ना किए जाएं तो अच्छा हो । मेरे मत से कम से कम महिलाएं ज्ञान-विज्ञान की बातों में अपना दिमाग लगाएं तो यह उनके एवं परिवार के लिए लाभदायी होगा ।
आश्चर्य नहीं कि भारत देश में फिटनेस व्यवसाय 6 हजार करोड़ से ज्यादा का हो चुका है । मेरा यह सब बताने का यह मकसद नहीं है कि मोटापा बहुत अच्छी चीज है या महिलाओं को अपने शरीर एवं स्वास्थ्य का ध्यान नहीं रखना चाहिए .......काश ऐसा हो कि वे अपने शरीर एवं स्वास्थ्य का ध्यान बेशक रखें “राेज दौड़ लगाएं, योग करें, इन सभी चिंताओं का त्याग करें, जो भी पसंद हों सब खाएं और साथ ही अपने शौक भी पूरे करें ” ।
काश ऐसा हो कि ........... हमें अपने शरीर से हमेशा प्यार करना चाहिए, लेकिन हर उस विचार को खारिज भी करना चाहिए, जो बताए कि मोटी महिला या बेटी सुदर नहीं होती, या पतला होना ही सुंदरता है और मोटापा बदसूरती की निशानी, या मोटी बेटियां प्यार किए जाने के लायक नहीं होती, यह सब बातें दिमाग से त्याग देना चाहिए ।
अंत में पाठकों यही कहना चाहूंगी कि यह सब फितूर उस दुनिया का ही फैलाया हुआ झूठ है, जो महिलाओं को दिल-दिमाग से भरा संपूर्ण मनुष्य न मानकर उसे सिर्फ देह में रिड्यूस कर देना चाहते हों ।
काश ऐसा होता........ हर महिला किसी भी बातों को सच ना मानकर यह समझ पाती कि “तुम सिर्फ देह नहीं हो, तुम बुद्धि हो, बल हो, विवेक हो, ज्ञान का भंडार हो,विचारों का प्रवाह हो “ । देह समाहित है तुममें, तुम देह में नहीं और फिर ये देह चाहे जैसी भी हो, जिस भी रंग-रूप, आकार-प्रकार की हो, हर देह सुंदर है, हर आकार सुंदर है, तुम जैसी भी हो, अपने आप में बहुत सुंदर हो । अगर यह बात भारत की हर महिला समझ ले ना तो हो सकता है, हर घर की और हमारे पूरे भारत की तस्वीर प्रगति की दिशा में चलती ही जाए, ऐसा मेरा पूर्ण रूप से दावा है ।
Disclaimer: The views, opinions and positions (including content in any form) expressed within this post are those of the author alone. The accuracy, completeness and validity of any statements made within this article are not guaranteed. We accept no liability for any errors, omissions or representations. The responsibility for intellectual property rights of this content rests with the author and any liability with regards to infringement of intellectual property rights remains with him/her. Read more
Dr Ghouse has added a new answer
Trying To Conceive
7 hours ago
Q. #AskTheExpert hello dr.
baby planning kar rhi kuch tips btayiye conceive ho jaye
Dr Ghouse
Paediatrician
6 hours ago
A. it's a natural process ok. if there is no relief it is better you see your doctor for proper examination particularly physical examination if there is need for doing investigations to find out the problem and treatment ok
Dr Laxmi Chavan-Sawant has added a new answer
Guardian of 0 children
5 hours ago
Q. when baby is kick? I'm 13 weeks pregnant
Dr Laxmi Chavan-Sawant
Ayurvedic Gynaecologist
5 hours ago
A. during first pregnancy you may feel the baby movements after 24 to 25 weeks of pregnancy and till then only mild flatters may be felt but which you may not be feeling if you are doing some work
Dr Ghouse has added a new answer
Expecting Mom due in 2 months
5 hours ago
Q. I’m in my 31 week 1 day of pregnancy. What will be my delivery date??
As I have low lying placenta with grade 1 maturity.
Dr Ghouse
Paediatrician
4 hours ago
A. you had to correlate is ultrasound examination. if there is no relief it is better you see your doctor for proper examination particularly physical examination if there is need for doing investigations to find out the problem and treatment ok
Rashmi has added a new answer
Expecting Mom due in 2 months
5 hours ago
Q. My hemoglobin is 6.4 from 28 weeks of pregnancy. Now I’m 31 weeks pregnant. What should I do?
Rashmi
Mom of a 9 yr 7 m old girl
4 hours ago
A. Haven’t when you having some kind of iron supplement because they’re very good during the time of pregnancy if you are not having one you need to start with and whatever tabs you take you should just take it with any good juice specially pomegranate juice that’s going to help in doubling the impact of the medicine that you’re taking secondly try and include more of Iron which diet like spinach broccoli beetroot pomegranate black rice sweet potato these things are exceptionally healthy for you to consume
Rashmi has added a new answer
Expecting Mom due in 2 months
4 hours ago
Q. This is my cbc report
Rashmi
Mom of a 9 yr 7 m old girl
3 hours ago
A. No there is nothing visible on my wall so I can really really cannot help you can you please repose the question once again providing all the necessary details as once I’m certain what are you talking about what’s mentioned in the report according to that I can provide you proper help on your question
Dr Sameer awadhiya has added a new answer
Guardian of 0 children
2 hours ago
Q. #asktheexpert
now I'm 24 weeks. Sometimes I'm feeling pain in my thigh.
Dr Sameer awadhiya
Paediatrician
2 hours ago
A. For thegh query asked needs consultation with doctor for proper guidance so it is better that the doctor will guide you the correct way .
Onlfine consultation can also be taken and the expert will give you the proper answer .
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Dipika Pal
Mom of a 1 m old girl
1 min ago
❤️ Hello world, I am Sharanya and I'm only 1 month old. I want to tell all of you that I love you all ❤️
Ps- my mom is writing this note on behalf of me.
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#walloffame
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