How to plan for child's higher education and other life goals?
As young parents, we want to give our children the best education possible. 🎓🎓 However, planning your child’s education is never easy, especially with the rising cost of higher education. You will easily need at least RM2,000,000 to ensure your children get a good education at age 18!
Most parents aren’t sure how much they should save to send their kids to the ideal college or university. Without proper planning, you may feel stressed as you have to weigh your monthly commitments and expenses while saving for the child’s future and other family goals.
Here are 6 simple steps on how to start planning your child’s education without sacrificing your other goals and lifestyle:
1️⃣ Identify and get ALL your GOALS a figure 💰
2️⃣ Understand your Current Financial Situation
3️⃣ Monitor your Inflow and Expenses
4️⃣Optimize your Resources and Savings (Plan your Investment)
5️⃣ Prioritize and Allocate your money to the respective GOALS 🎯
6️⃣ Don’t forget to get a Guaranteed funding for your child’s education and family expenses
👆 The 6 steps above are part of the financial planning advice I give to clients when developing their personalised financial plans. You can DIY your own financial plan by following the simple steps above.
Having a personalised financial plan is like having a financial roadmap (GPS) 🧭 or blueprint 📌 at hand to guide you through every financial decision you need to make, such as:-
🏡 Upgrading your house or getting a second property?
✈️ How to budget for annual family trips abroad without sacrificing long-term goals?
💕 How to maximize your insurance coverage amount to secure your family’s financial future without affecting your cash flow?
🎓 What kind of education and country can you afford to send your kids to?
📈 Continue the loan and invest the rest or pay off your debts?
🏖👵🧓 Can you live a comfortable retirement?
📝How can you design your estate plan?
Creating a financial plan can be time-consuming. Why not make your life easier and happier by handover the tedious work to a Licensed Financial Planner who can support you in achieving your FINANCIAL GOALS ❤️ and living your life STRESS-FREE? 🤗
https://wa.me/60123585424Let’s talk about your child’s future and your family’s goals!
Reach out to me HERE directly.
or
Book your complimentary 30-minute consultation and see how we can work on this together.
👉 https://calendly.com/carolfu/discovery-meeting
Libero vehicula ligula
Morbi tincidunt enim id blandit sodales. Sed sed libero dictum vitae tincidunt.
Tincidunt tortor
Blandit sodales. Sed sed libero ligula felis, dictum vitae massa ac, tincidunt orci.
01.
Guaranteed results
Morbi tincidunt enim id blandit sodales. Sed sed libero vehicula, cursus leo eget, tincidunt tortor. Vivamus ligula felis, dictum vitae tincidunt orci.
02.
Perfect implementation
Blandit sodales. Sed sed libero vehicula, cursus leo eget, tincidunt tortor. Vivamus ligula felis, dictum vitae massa ac, tincidunt orci.
