How much is required for your child education?
For some Singaporean parents, seeing their kids being accepted into a local university is a dream come true, particularly if they themselves are not “fortunate” enough to have gone to one.
“Boy ah, study hard in University and get a good degree. Then you can find a good job”. That’s what my Mum used to tell me. I believe most of us millennials can relate to such conversations with our parents.
Being a parent myself to two young boys, age 3 and 6, such conversations are likely still pre-mature. For one, I am not exactly a strong proponent that my kids will “definitely” need to get a degree. Degree holders are dime a dozen in today’s context and likely even more so in 15-20 years time.
Nonetheless, most parents will still prioritize their child’s education. The big question is: If we wish to help our kids fund their university fees...