Parent Brain The Parent Ledger

The Parent Ledger

Each stage costed on its own, then pulled together into one plan at the end.

Live on the episode

Have this much ready before conceiving

₹0per child

Before The Baby

The hospital bill, the first year, and a cushion underneath both — kept aside, separate from everyday money. Medical costs run at 18% inflation, so the longer you wait, the bigger this gets.

Where you are right now

Years until you plan to conceive 2 yrs

Monthly household expenses ₹60,000

What you actually spend. The cushion and your emergency fund are both built from this.

Cushion — months of expenses set aside

Hospital tier

Delivery type

Where you live

Current savings

₹

Sample numbers — change them to yours

Put aside, every month, from now

₹0per month

—

Safety cushion—

Hospital & delivery—

First year — pram, cot, vaccinations, checkups—

Total to have ready by then—

Still to find, after savings—

Basic covers govt and trust hospitals; Mid-range a good private hospital in a metro; Premium the corporate chains. The delivery portion is grown at 18% medical inflation to the year you conceive. Not financial advice.

Build this before your first SIP

₹0emergency fund

Cover Your Risk First

The episode is unambiguous about the order. Insurance and an emergency fund come before your first rupee is invested — because investments are worth nothing when the real situation arrives.

Monthly household income

₹

Monthly EMIs

₹

Home, car, personal loans — everything you repay monthly.

Emergency fund — months of cover

Twelve if your income is irregular or you run a business.

Sample numbers — change them to yours

Set aside, every month, until it's full

₹0per month

—

Emergency fund target—

Term life cover — 10× annual income—

Its annual premium, roughly—

Medical cover—

Its premium, base plus super top-up—

Premiums, per year—

— which is, per month—

A ₹10L base policy runs about ₹9,500 a year; a ₹90L super top-up adds roughly another ₹10,000. Term cover at ₹13,500 per crore for a healthy 25–35 year old, easing at higher sums. Not financial advice.

Save this much, every month

₹0per month

The School Years

Not just fees — the all-in cost of the child across school, which is how the episode frames it. Fees are roughly a third; the rest is transport, books, activities and everything else.

Board

All-in cost per child, per year, today

₹

Pre-filled from the board and your city. Change it if your reality differs.

Number of children 1

Education inflation, starting rate 12%

The episode quotes 14%. That can't hold for two decades, so it eases by 3 points after year seven and 5 after year twelve. Slide to 14 for the episode's own figure.

Sample numbers — change them to yours

Save this much, every month

₹0per month

—

School years covered—

Corpus needed by the time school starts—

Total across all school years—

— that same total in today's money—

Cost in the final school year—

School is normally paid from income year by year, not from a corpus built in advance — read this as an affordability check. The corpus figure is what's needed at the start to fund the whole stream, since money for later years keeps compounding. Returns assumed at 12%. Not financial advice.

Save this much, every month, starting today

₹0per month

College & After

₹50 lakh today becomes ₹1.55 crore in ten years, and ₹2.74 crore in fifteen. Every year you wait, the monthly number climbs — that's the only variable that really moves it.

Where they'll study

Or set your own figure, today's prices

₹

MBBS and overseas costs vary hugely by college and country. Treat the presets as a midpoint, not a quote.

Sample numbers — change them to yours

Save this much, every month, starting today

₹0per month

—

Years until it starts—

What it costs today—

What it will cost by then—

The same goal, started five years later—

Higher-education costs grown at 12% a year — the rate that reproduces the episode's own ₹50L to ₹1.6cr example. Savings assumed to grow at 12%. Not financial advice.

Everything you need, in today's money

₹0total

The Full Summary

Every stage from the four tabs, in the order it hits you. Change anything anywhere and this updates.

Stage figures are shown in the rupees of the year they fall due. The single comparable total is in the black panel.

Sample numbers — change them to yours

Your total monthly commitment

₹0per month, everything combined

—

Building the emergency fund—

Insurance premiums—

Pre-baby corpus—

School and college SIPs—

Genuinely free each month—

All goals, discounted to today—

—

What to do, in order

The episode's split is 30% spending, 30% EMIs, 40% to your future — held for fifteen years, it says, that makes you financially independent. This measures you against what you actually earn and spend, not the ideal. Not financial advice.