<ul><li>Many parents face a mismatch between their children's big goals and their savings due to income, cost of living, and inflation.</li><li>Start planning for your child's big expenses at least a year ahead and consider factors like schooling costs.</li><li>Parents should focus on planning for bigger spends and be mindful of smaller expenses.</li><li>For financing education, consider estimating college costs and explore options like education loans and SIPs under the child's name.</li></ul>

Baby Steps To Big Leaps: How You Can Finance Your Child's Dreams

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