The Power of Compounding
Why it is it called the 8th Wonder of the World
Some examples will stun you.
These are based on fair assumptions and the aim is to educate and not create unfounded greed.
1) Gift your newborn a Rs 1000 SIP & allow him to drive his Mercedes at 35 years of age
2) Gift your newborn a Rs 10000 SIP and allow him to become financially free at 30
3) Even a gift of Rs 500 SIP can buy you Financial Freedom of a smaller order
Before educating children, parents need to get themselves Financially Educated
I rest my case