Saving Money Saving Money for your Child’s education.

raaman

Valued Contributor
Saving Money for your Child’s education.

Most parents prefer providing their children with the best education possible. Best-in-class universities and institutions in other countries, are in high demand. Making it to a prestigious college is difficult, given the competition and the high costs involved.

In such a case, parents must plan to establish an education corpus for their child's overseas education. So, before deciding where to invest the money for the child's education, it is best to establish a target corpus size and then work toward it.

If your child is in school and has at least ten years on hand, there are two things you should consider. First, it is unclear which course your child will enroll in, and second, you have enough time to save money to fund that study.
 

Oluwasegun purpose

Active member
All parents must know how to save for their education... If we can't save money for how children then what do want to save for ... Most people don't know what saving is and how it help alot in our life...
Most especially in the life of our children, in education aspect,we need to be saving money for our children school, like saving for their school fees,like books etc.
Is not until your children school authority we start sending your child back home because of school fees that is when you will now know that you need to start saving,but if you have some saving in your account number it will not be difficult for you to pay even before the school authority start demanding for the money... even mostly in the higher institution were you need to spend a lot of money for your child , because in the higher institution they spend a lot of money there,it is not like secondary School,you we need to pay for school fees, hangout and some many other things which requires money. So if you have children in school and most especially in higher institution you need to start saving if you have not started....12
 
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