Every parent in this world expects the future of their children to be bright and better than that of their past. But there are only a few who actually think about it make a change in their daily habits saving a penny or two for their children’s future. Let me relate this to two of my clients stories.
The first one goes like this, a decent man with a 4 figure monthly salary working for a Multi-National Company for 5+ years. God blessed him with a baby child after 2 years of marriage. The man was doing well and had savings of more than 6-digit figure. Eventually when the kid hit the age of higher education, he decides to send the kid to a University to do masters in the field of his interest. He inquires the fees and accommodation of the University and discovers that the expense is almost 90% of what he has saved his entire life. He decides to take a loan instead and make the things happen their natural course. After completing the education, the kid didn’t get any employment for two years with made the interest rates go sky high. By that time, he spent all of this savings on repayment of the loan and exhausted all the funds he had. Now struggling with his life.
Now the second one:
Here the man didn’t have any permanent or on-roll job, he and his wife did part time jobs to suffice all the needs of their family. Had parents to take care of in old age and 2 kids and a wife. He decides to make future of his kids better than what he faced by making them capable enough by education. He enrolls for a free consultation for his family and decides to invest a small amount every month for future of his children in Children’s Education Funds Firm. By the time the kid grew up, he had a decent amount in his Children’s Education Funds account with him. He didn’t need any loan for his further studies nor is he worried about the expenses during the education period. Even if he ends up with no job, he doesn’t need to worry about funds repayment.
The two stories clearly depict the necessity of a secure future of a family by securing the future of their children.
There are plenty of examples where I can relate that this system actually makes the future of your children secure and helps you with the funds you need at the most important time of your Child.
Parents instead of wasting your hard earned money on some material pleasure if you would secure your child’s future that would be a great deal!
You may start by reading some Facebook as well as some twitter posts here. If you still need any help in making a firm decision or structuring out a plan for it, I would recommend you read this Children’s Education Funds.