In Singapore, at the top of every parent’s agenda is their children’s education. It is said that the best gift a parent can give to a child is the gift of an education. But it does not ends here! It is not just any education, but the best education available in the world.
We believe that giving the best education for our children will definitely secure their future as well as ours. Why? Because when our children graduate with a good degree or a Masters degree or a Doctorate, we believe they will secure good paying jobs which in turn means they are financially stable. They will be able to take care of us in case we need some financial help. Right?
Many of us send our kids to tuition centres or send the tuition teachers to our homes for additional lessons. Many children are forced to do their homework as well as attend additional lessons after school. Parents are willing to spend hundreds or even thousands of dollars on tuition. Hmmm…. maybe we should consider a career as a tuition teacher! Just kidding…
Yes, education is BIG business in Singapore.
Please meet up with your independent financial adviser representative to find out how much you will need to put your children through tertiary education ( local or overseas ). Start planning now or else regret that you did not start earlier and you will feel the heavy burden of taking a loan to finance your children’s education. Do you want your children to start their careers with a loan hanging around their necks?
Talk to me if you are not sure how much you will need to save for your child’s education.
Remember in financial planning, I separate the best from the rest!