A Child Education Plan is a financial strategy designed to help parents save and invest money for their child's future education needs. This plan ensures that parents are prepared to cover the costs associated with schooling, from kindergarten through to college or university. These are traditional plans where you set aside a certain amount of money regularly in a bank or post office account, which grows over time. These plans may invest in mutual funds, stocks, or bonds, aiming for higher returns but also with higher risk.
