From year to year, the cost of increasingly expensive education. That is why we need to make some planning for a mature child’s education future of children is assured. Educational planning, especially in terms of preparing the budget, certainly can not be considered a trivial matter.
Several factors must be considered in preparing the education fund for children include:
1. Period.
When the funds will be used. Is it used 5 years? 10 years from now? Or is it only 2 years? The longer the time frame you have, usually you will be even lighter load.
2. Investment
Most people choose the product or Savings Education Insurance Education. Education insurance issued by an insurance company, as issued by the Education Savings Bank.
Alternative investment products other than gold, stocks, or mutual funds.
In principle, all investment products that have the possibility to be able to give flowers or increased value of his unit, so it can be used as an alternative investment to prepare the children’s education fund. Of course, any investment product has advantages and disadvantages of its own, as well as the different risks.
3. Protection
The third thing to consider is whether you have the protection of investment products. That is, if something happens to you (such as death, accident, sickness and the like), then the investment products you can continue to provide results and profitable for you. Well this is where the role of Insurance. If you choose the Insurance Education, the protection already exists in it so Insurance Education called All in One Account.
Protection here is if something happens to you, then there will be a third party who will remain ‘saving’ the money of USD 350 thousand, 500 thousand, or 1 million per month was for the child so that automatically WARRANTY STILL funding for children’s education Available.
And more importantly, do not just set aside the funds without any previous calculations, but also must look at the amount of funds needed in the future.
