Today, while looking at some of the cute little faces of those young children walking around with their parents, suddenly i have a thought on their future, wondering what will they be when they grow up one day, and looking at those parents who was holding their hands and walk carefully , protecting them from any injuries and while at the coffee shop, asking them what they want to eat and drink etc..i can see from the expression of the parents, they really want to give the best or rather to give what their children wants and needs.  Then suddenly i think of their future and wondering since the parents is so caring about them and trying their best to give what they want and ask for, have they prepared for their education funds if these children reach their age of 18 or 19 when they wish to study more inorder to achieve their dream?

Being an insurance agent, when I move around and sharing the benefits of our education fund programme, a lot of parents giving a lot of reasons for not being able to start such a programme for their children and the most common reason is no budget???????????????????

Yes, i agree that sometimes we really do not even have the extra to save or rather each month when we get our salary, after paying all the bills, we hardly have anything left for saving.  However, if we look into this matter seriously then we aware that if now when they are young or rather when they are still not going to school or still at their kindergarden, we even cannot save some money for them and for their future education, then i dont think we can save for them when they are growing up as we need more to spend on them.

If we dont start to save for them now, and when they reach the age of 18 or 19 and when they start to share with us on their dreams or rather what courses they wish to go for inorder to get their degree…then with no money in hand for this, we only have two choices, one is to tell them the truth that we cannot afford to support them as we have no money and second choice will be we go to the Bank to get study loan for them whereby we will be paying interest on the loan and for a loan of rm40000, you might end up paying the monthly repayment of about rm650 which will be a burden to us.

So, knowing that one day we are going to face this question or reality, why not we start a saving plan for them when they are young or when they just born. Then you might say…no budget for it, but i strongly believe that if you really serious about it, there will be a way.  Moreover, you can start with a minimum amount first, rm50 per month or rm100 per month, (it might mean you need to cut down some expenses inorder to start on this, but i think it is worth to do it for your lovely children)and gradually you can increase your saving and every year when the children get their ang pow money during chinese new year or whatever festival or their birthday, then you can put these monies into this saving account as top up.

The conclusion is…even if start with a minimum amount, it is still better then not starting anything now and regret later.