Yes, indeed, smart kids need smart parents.
University Funding Analysis |
Saving part of our current income seems to be the only way to provide the education fund. The only problem is that we must have enough time to earn. Should our time run out earlier than expected, we can only count on whatever that's accumulated, plus some interests. Thankfully, we could use a "special account" that guantee the desired funds even if your time runs outs. All you need to do is to transfer your regular savings into our account, and see it grow.
Some useful references
Singapore to get its 5th and 6th universities
http://www.straitstimes.com/breaking-news/singapore/story/singapore-get-its-5th-and-6th-universities-20120826
"The schools were chosen because they work closely with industry and focus on applied degrees" - Prime Minister Lee Hsien Loong announced at the National Day Rally on Sunday night that both the Singapore Institute of Technology (SIT) and UniSIM would become universities. SIT will expand places and begin awarding degrees while UniSIM will add full-time programmes.
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Room for more graduates
"By 2020, as much as 50 per cent of each cohort will enter university."
http://www.todayonline.com/Hotnews/EDC120829-0000061/Room-for-more-graduates
Indeed in school, we were not taught how to manage our finance. We are told to earn to provide. However, as the world is getting richer, we need our children to start to be financially savvy. This might helps: http://www.forbes.com/sites/jennagoudreau/2012/09/04/how-to-raise-financially-savvy-kids-teach-money-skills/
ReplyDeleteWhat every Singapore parents must know for their precious little ones.
ReplyDeletehttps://www.babybonus.gov.sg/bbss/html/faq.html
http://www.maybebaby.sg/
"Financial Fitness in your 30s." (Good analogy) Question is will our children have the financial muscle to survive in their world to come?
ReplyDeletehttp://www.todayonline.com/CommentaryandAnalysis/Commentary/EDC120718-0000010/Financial-fitness-in-your-30s