Given the evolving dynamics of the society, children of millennial, known as Generation Alpha, will largely be the most formally educated, technologically equipped and wealthiest kids. While it will be challenging to bring up these kids, it is essential for millennial parents to engage with their ward to lay the foundation for cognitive development and raise smarter and happier kids. However, the challenges of raising such kids calls for expert guidance on parenthood that enables parents to identify their kid’s capabilities, partner with their child’s aspirations and accordingly plan their finances to provide them with the career of their choice.

With their reference to the passage, the following assumptions have been made:

1. The cost of raising a child is increasing every day, putting more pressure on parents to provide for the same.

2. There is no longer a standard way of educating a child, educating systems and methods have evolved to suit the child’s traits.

3. Parents are becoming more sensitive to their child’s needs, thereby making them better guides towards their child’s development.

Which of the above is/are valid assumption(s)?

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