On occasions I do get a nudge from good friends seeking some financial advice and in a day 2 person have discussed with me plans and ideas regarding saving for their child’s tertiary education in 20 years.

The first discussion was more regarding whether to make use of the STI ETF as the wealth machine to build up the sum for the education versus that of insurance endowment. There wasn’t a straight forward answer but I hope it has been fruitful for him to make a good decision on this.

The amount you required to build up in 20 years

There should be much questions on what should you really care or think about when it comes to building up the child’s education fund.  I felt that the first question is how much do you need.

This will largely depend on the inflation rate which affects the sum of ...