The report, based on answers from over 11,300 parents across seven cities (Mumbai, Pune, Bangalore, Kolkata, New Delhi, Hyderabad and Chennai), revealed a huge gap between the big dreams of today's children and the financial preparedness of parents towards supporting them.
     
"Kids in India are dreaming big and wish to pursue various career options, but parents are comparatively under prepared. While saving for their child's education seems to be a top of mind priority for them, the actual savings process is fairly unplanned," Anjali Malhotra, Chief Customer, Market and Digital Officer Aviva India, said.
     
The report revealed that children's ambitions are taking a leap towards unconventional career choices; however parents are still lagging behind in financial preparedness to support their dreams.

Latest News from India News Desk