New Delhi, May 10 -- Saving for children's higher education: I asked ChatGPT to calculate the required monthly savings to build an education corpus for my children's higher studies at medical and engineering colleges in the national capital Delhi.
I am a 36-year-old parent of two children, earning Rs.10 lakh per annum working for a public bank and living in Guwahati. I want to save enough for my children (3 and 5 years) to move to Delhi for college. I invest in NPS and PPF for retirement full tax-free amount and own my house in Guwahati.
Calculate my required month savings for my children's education goal based on living expenses (hostel, food, travel), rent, inflation, course fees at a top 10 college (for safety consider it medicine or...
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