In December 2019, We Learn invited me to hold a session with parents, to help them understand and plan all financial costs related to their child’s education till graduation. The session was highly interactive with full participation from parents. The discussion was based on how much parents would need to save on a monthly basis to cover university education and how to create a diversified financial portfolio.
Some questions for parents to think about;
-Where do I want my children to go to school? University?
– Thailand or overseas?
– Find the cost and inflation of the chosen school and university
– Besides tuition fees, determine other relevant costs; upfront school registration fee, accommodation, living, transportation costs, etc.
– Estimate the total cost with inflation
– Calculate your current Cashflow& Savings to
These would be important questions to answer so as to create a well-diversified education plan to protect your child’s future.
Rimi, Your Lifetime Wealth Partner