Education Planning

What is education planning?

When it comes to young parents, most of their dreams are to give the best to their children. The best gift that parents could ever give to their children is to provide them a good foundation to start off their life with good education.

We cannot deny the fact that the journey to achieve your dreams requires money, and in order to ensure your children’s smooth journey to achieve their dreams, education funding plays a very important role and it can only exist if it has been properly planned out.

Here are some questions to ask yourself when building children education planning:

  • Can any parents guarantee their health will not change in the next 3-5 years? If it does, will this affect their ability to earn?
  • Can any parents guarantee they will always have the ability to earn and save for their children's education in the next 10-15 years?
  • Can any of us guarantee that we will live until our children go to tertiary education and finish their degree?
  • As parents, are you willing to witness our children’s future become uncertain?
  • What would you feel as parents if we see our children suffer when their dreams and goals are falling apart due to our wrong planning?

What are you protecting against?

  • Not able to save up for education fund due to premature death.
  • Lose your ability to earn due to critical illness while you are supposed to save up for education fund.
  • Lose your ability to earn due to total permanent disability while you are supposed to save up for education fund.