Providing for your child and ensuring he or she has a good life is every parent’s dream, says expert financial and wealth planner, NDB Wealth Management adding that the company always understood this need and has specially curated kids savings products that will help you save and solidify their future.
Savings and Investment plans from NDB Wealth have been carefully designed to support overall wealth building goals by helping families develop the habits of saving for their long-term aspirations at very early stages, it said in a media release.
As families celebrate Children’s Day on October 1, it is time for key decisions to be made regarding the future dreams and aspirations of children, to enable them to take a significant step forward in achieving a financially independent future for themselves.
As a part of children's financial planning, NDB Wealth’s Money Plus with a current yield of 5.30% as at 23rd September 2021 is an excellent alternative to traditional long term children's fixed deposits or savings accounts. The fund works to provide beneficial returns with the added unmatched flexibility which allows parents to withdraw funds when the child needs it the most. The interest accrued is credited right back allowing for further growth, it said.
NDB Wealth’s Senior Manager - Client Services, Ruwantha Gabriel said, “Saving for our children doesn’t mean that we have to lock up their money in accounts that will give us minimal returns. Through the Money Plus fund, we are looking at helping parents and children achieve financial independence and thus help children to pursue their dream careers. Our team of exemplary financial planners, is focusing on providing parents with the optimum advice to help them achieve their objectives to enhance the future of their children. As a parent myself, I think it is our responsibility to maximise the opportunities available to our children, and NDB Wealth can undoubtedly help you do it.”
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