How to Prepare Children Education Fund
Many people ask me how to prepare children’s education fund. Are sufficient funds are now preparing for my future studies? Now it is a very good question because it is important we must know whether the funds our education prepare enough to meet all the needs of these pieces of our hearts.
It’s a lot of bank and insurance companies that offer preparatory education funding and I do not think there is a wrong with the product, but the problem we are often less sharp and home buying education products without us really understand whether the collected funds will be sufficient or not later. So when you buy any product name of education funding, insurance, education funds or education savings, try to analyze it more observant and make sure the seller knew your needs, so that it can provide guidance or proposal as appropriate.
However be careful because inflation will eat your education fund prepared. Therefore, always make sure enter the inflation rate assumptions in calculating your child’s educational needs clearly. For example now in high school entrance fee is Rp. 5 Million assuming 10% inflation rate, then 3 years in high school entrance fee is Rp. 6,655,000, - and so also for the college money amounting to Rp. 20 million more then 6 years with the assumption that the inflation rate 10% to Rp. 35,431,220, - and do not forget to have cash semester credits. Once you know all education funding needs in the future, you’ll know how much you should set aside each month from now so that funding needs are met on time in the future. So make sure the money you are prepared to be able to hold tuition increases at a later date as the effect of the inflation rate. You should be critical in the education fund to buy the product so that the purpose of education funds is reached in accordance with the needs in the future.
I believe Mr. and Mrs. ideally be very concerned with children’s education funding problem is, I also could not agree more, because education can help our children to gain a better insight, better work and ideals of hope better. At least you are giving your child the bait and fishing the fish are able to feed herself alone later in life. It is the responsibility of us all as parents of children of this god gift. Well of course while nurturing the soul of leadership, who knows one day your child become a successful entrepreneur and create more jobs again in Indonesia.
If you mother is still confused, let you remember you remember how you used the school money you when elementary and money compared with the same elementary school now. Well that’s what I meant above. Please count how many times fold increase over the past few years. This is what should we anticipate together so that everything is going smoothly.