How to save for your children's education fee?

Below is the monthly amount needed.

Assumption

• A degree course takes 4 years (Age 19 to 22).
• The University fee is $6,250 per year (at current dollar).
• Net investment return is 6% and the inflation rate is 3%.

Conclusion

• The earlier you start the more you gain.
• I cannot emphasize enough the importance of education for a child. It's going to be more costly year by year. You need to prepare for it early. Especially if you have more than 1 child.

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How to save for your children's education fee? Below is the monthly amount needed. Assumption A degree course takes 4 years (Age 19 to 22). The University fee is $6,250 per year (at current dollar). Net investment return is 6% and the inflation rate is 3%. Conclusion The earlier you start the more you gain. I cannot emphasize enough the importance of education for a child. It's going to be more costly year by year. You need to prepare for it early. Especially if you have more than 1 child. Follow @ewppleinvest You can still make money from the stock market without knowing when or what stock to buy. Want to know how? Please comment to contact me. The recommendation does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. For the disclaimer statement, please refer to Facebook Page @ewppleinvest

A post shared by Ewpple | Invest & Wealth 投资理财 (@ewppleinvest) on Nov 9, 2020 at 3:32am PST