I am a businessman and earn Rs. 2 lakhs in a month. Despite this income, my savings are small. I am blessed with triplets who are 1 year old. I want to start investing for my kids future. Please suggest how to save and where to invest?
How much you can save monthly? With what level of risk you are comfortable? Are you okay with illiquidity? Have you purchased term plan and if yes, then for how much amount? What are your current savings and investments? I need to know answers to these questions before I can suggest you anything.