[caption id="attachment_3586" align="alignright" width="150" caption="Photo by Wonderlane"][/caption] Children's Day just past and it serves as a timely reminder to parents to review plans for their children's university education funding. With the economic crisis into its first year, has it affected the savings/investment targets for this crucial funding? Parents should take the time to evaluate where their investments status and their risk appetites based on the remaining time horizon to their children's education. For parents who have yet to start planning and for new parents, a few things you should consider:

• Where do you intend to send your child for tertiary education? i.e. local or overseas.
• Local tertiary education tuition fees are considerably lower. In addition, one does not have to incur expenses such as paying for lodgings and return flights home.
• What is the course of study? The cost varies depending on the course of study.
• When will they start their tertiary education? i.e. Boys about 21 and girls about 19 years old. Read more...