Building Your Child’s University Funds
Scholarships are certainly a preferred alternative for funding your children’s university education. But what if your child is not scholarship material or dislikes the prospect of being bonded to the same job or firm for four to eight years?
You can fund your child’s university education without burning a hole in your pocket if you start early & regularly set aside a reasonable sum. Depending on your risk appetite & investment view, you can build a university fund through insurance savings plans, unit trusts or a combination of both.
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