How do you save up for your kid's education?
Hi! Start saving today but it is better if we can put it sa kumikita. Kasi if we save it only in bank, we have this so called inflation rate. Naiiwan yung value ng savings natin vs sa pagtaas ng bilihin (in our case tuition fee). I would suggest you get youself and your child a VUL. It is an insurance with investment that can earn upto 12% annually vs 1% in time deposit. Ang maganda dito is if something happens to the breadwinner, secure na ang financial needs ng family. If you want to know more you can message me. 💜👍Magbasa pa
Aside from having an educational plan to help out, you can also look to invest some of your money to set aside for your child's future. Being a smart spender also lets you save extra money for your kids. :)
Financial advisor here from Sunlife. If you guys wanted to plan ti secure the future of your family and plan your child’s education fund, please do message me so we can talk.
Please pm me po for details. 09352487966
We allot a % of our monthly income and put it in a separate savings account. Aside from that, we also have a UITF which I am also allotting for baby's schooling.
As much as possible, my husband and I allocate a portion of our earnings every other month, if not monthly. It's really all about careful money budgeting.
Every month nagsesave kami ng fixed amount para sa schooling ni baby sa bank. Tapos nagstart din kami ng VUL saka UITF ni baby.
i mean VUL and UITF
I set aside my savings and invest it monthly under an insurance plan. I chose Sun Life.
I have a VUL plan for my kid which is really alloted for her education. 😃