I am overwhelmed by your continuous support & response for my blog and it is evident with the number of page views and interests created around.
I apologize for not being able to post any new content as i was busy with the product presentation meetings and helping interested people to take up these plans.
As you all know that my 1st post "Baap of Magic plans" created lots of curiosities and interests in people's mind that i was rushed with queries and requests for a one on one presentations and closings.
As i was presenting the plans to my prospective clients,i found out that there are many people who are looking for short term investment opportunities as well and my next post "How to create wealth in short term" drew their interest and i was able to close even more sales with this plan..
This time i decided to present you a plan which would be the best gift you could buy for your child...So read on & find out yourself how beneficial it is...
This is a story of Mr.vasu...
Hi,Iam vasu,i am a 77 yr old sr.citizen...Let me tell you how i had been a responsible father and ensured that my son always loved & respected me for my farsighted thinking...
I was 30 at that time and was a salaried employee working in a reputed corporate in India..
just one month back,i was blessed with a baby boy...
I am delighted and i wanted to ensure that i should be prepared & plan well in advance for all those expenses i would incur on my son which would pop up in future,So i decided to take a children plan..
I consulted few financial consultants and zeroed in on a particular plan..
I liked this plan because this was attractive & made sense compared to the other investment which was blown out of proportion with unrealistic calculations...
Lets find out how this plan benefited me...
I started investing 1 lac every year in this plan till my son reached the age of 18..
Need 1:
As my son krishna was an average student,he could not secure a merit seat & i had to pay up 15 lacs as capitation fees + 2 lacs as miscellaneous expenses to get him on board in a reputed college...The entire funding came from a magic account which i had created for his education expenses...
Need 2:
From 21st yr till 29th yr,i gave my son a pocket money of 2 lacs every year as he had not settled down completely & would not have had enough money to manage his expenses on his own...The pocket money came from a magic account which i had created for his other expenses...
Need 3:
At the age of 30,He expressed his desire to get married to the girl he loves..And as a loving father who had always stood by his side and loved him so much,i agreed on a condition that i would take care of his marriage expenses...
I spent 15 lacs on my son's wedding and everyone loved & enjoyed the party and joined us in our celebration...The entire money came from a magic account which i had created for his marriage expenses...
Need 4:
As the domestic expenses increased after my son's marriage,My son withdrew 5 lacs each for the next 2 yrs from the magic account which i had created for his home making expenses...
Need 5:
At the age of 33,he had his 1st child,i was delighted because i had become a grandfather...my son withdrew 8 lacs for the hospital & other miscellaneous expenses from the same magic account which i had created for his new born child expenses...
Need 6:
At the age of 34,he wanted to upgrade his sedan car to an SUV,so again he withdrew 15 lacs from the same magic account which i had created to fulfill his offroading desires...
Need 7:
Now as the lifestyle & fuel expenses increased,my son withdrew 4 lacs each for the next 2 yrs from the magic account which i had created for his lifestyle expenses...
Need 8:
At the age of 37,he had his 2nd child and he cannot be partial,so he withdrew another 8 lacs again from the same magic account which i had created for his 2nd child expenses...
Need 9:
Now that the family is big & the expenses also is increasing day by day,From the age of 38 till 46,my son is happy with the 6 lacs which is coming to him every year from the magic account i had created for his lifestyle expenses...
Need 10:
At the age of 47,my son took a final payout of 1.1 crore from the magic account which i had created for him...
Now that the magic account is closed,lets get into the summary of the money which my son used for himself all these years...
I paid 18 lacs for 18 yrs to ensure that my son could enjoy the benefit for a really really long time...
It does not mean that my son was not independent & capable of earning enough to take care of his needs,but a little extra cash will always come handy at any point of time for anyone!!!This is what i have learnt from my life....
So lets get into the numbers,My investment into this child plan was 18 lacs only but my son withdrew 1.53 crores from 19th to 46th year for various expenses and still at the age of 47,he had a corpus amount of another 1.1 crore at his disposal!!!
And if something unfortunate would have happened to me during the premium payment term,my son would have received a sum of 25 lacs immediately and all the above benefits would still have come to my son as planned!!!
I hope now you understand why my son loves & respects me for my farsightedness...
So as you have read the story of Mr.Vasu, what are you waiting for???
Act Now...
Do you want your child's life to be like this???
If yes,then post a comment or mail me @ subhash.sukumar@gmail.com or call me on my number 09901045869.
Hope to hear your feedbacks and suggestions if any...
