A financial plan can be a budget, a plan for spending and saving one’s future income. This plan allocates one’s income to various types of expenses,such as rent or utilities, and also reserves some income for short-term and long-term savings. A financial plan can also be an investment plan, which allocates savings to various assets or projects expected to produce future income, such as a new business or product line, shares in an existing business, or real estate.
Financial planning pays significant importance when it comes to choosing a school for a child. Different schools charge different fees from the parents for their child’s education subject to the facilities they provide. The financial planning should be done by the parents before selecting a school for their kid’s education as per their needs. The fees of the schools are very high these days so keeping this aspect in mind, the parents should know how much to allot as their budget for their child’s education and how best they should manage the financial needs of their families before the admission is finalised.
Parents should form a financial plan before selecting a school for their child’s education because many of the schools have now begun to provide academic scholarships, educational grants and loans in collaboration with the bank to meet these plans. The schools which provide financial assistance to the children are Tagore International School Vasant Vihar, Montfort School and BGS International school of Dwarka.
Tagore International School Vasant Vihar established in 1972 by Dr. Mrs. H. Sen, TISVV aims at creating an environment where children develop their personality and pursue self-learning. An English Medium Senior Secondary School, the emblem of the school is rather unique.The Tagorean emblem represents three letters T I S. The central I is the leaping flame of the candle, signifying everlasting knowledge, enclosed by T which forms the arms and legs of the child who is never tired in the quest for 'Vidya' or knowledge.
Like the light of the candle, the child is continuously striving to reach for the stars.The spacious, airy and well-light classrooms with the latest furniture color scheme.A fully automated and well equipped office keeps the school administration going smoothly and efficiently. The school has 3 computer labs for students each of them well equipped with 23 computers, having 17 inch flicker free color monitors. To enhance the creativity of our students through movie making the school has a special iMac computer with Duo Core Processor.
The two K-12 labs each equipped with five latest configuration PCs and internet connectivity, facilitate teachers in the content development and effective lesson preparation. In Montfort School education is highlighted more for its Counseling and Career Guidance Cell and facilities for Cricket, dance, skating, swimming, spoken English classes, and labs. BGS International school Dwarka aims at preparing the students to be intellectually competent, morally sound, psychologically whole and socially-responsible.
A financial plan can be a budget, a plan for spending and saving one’s future income. This plan allocates one’s income to various types of expenses,such as rent or utilities, and also reserves some income for short-term and long-term savings.