As parents, we all want the best for our children, and one of the greatest gifts we can provide to them is financial security. According to an NUS research, the estimated cost to raise a child in Singapore can be anywhere between $280,000-$560,000. With higher cost of living and inflation on the rise, parents not only need to be on top of child-related expenses, but also education costs. It is thus important for you to start investing early to harness the power of compounding and give your children a head start in life. In this article, we guide you through the process of securing their future by making decisions that align with your children’s needs.
