In Times Of A Pandemic, How To Have A Sound Financial Plan For Your Child's Future? In Times Of A Pandemic, How To Have A Sound Financial Plan For Your Child's Future? With COVID-19 uncertainty not looking at melting away soon, a systematic approach is required while investing for a child Planning and budgeting your monthly expenses and keeping contingency money is critical. We are living in perhaps the most uncertain of times. The novel coronavirus pandemic has torn apart families, robbed many of their jobs, and left parents wondering what they do here onwards to at least secure the financial future of their children. A good financial plan would ensure that all the important aspects — education, higher education and health care —are taken care of well in advance. At a time when the COVID-19 has brought in devastation across the world, it's all the more critical to ensure your child is financially secure.