Saturday, December 3, 2011

CONSIDERATIONS, WHY EDU INSURANCE FOR CHILDREN

As parents, we certainly agree that education has a major role on the future of their children. So to get the best education, then education prepares children to higher education is one way to make children able to compete in this era.
Have you imagine the future of education costs? What a value which is pretty much send their children to the college level. Some people can afford but do not forget those who can afford that risk to life is next to us namely:
   
Ill
    Critical Illness
    
Defect
    
Died even faster than expected
Actually, things like this do not have happened if the parents plan children's education as early as possible. Simply put we have to start the parents have to set aside income to plan children's education or saving for the future.


Many roads lead to Rome or to save a lot of ways to prepare for the cost of education. Could save money in the bank, insurance, real sector investment, stock, mutual funds, or even in other forms of investment such as gold and land. Here are tips and tricks to anticipate future education costs our baby:



1) Educational Goal Setting
Plan with your partner where the baby to school, Are in the country or outside. Classify Higher Education  that interest you based on priorities one and two.


2) Calculate the Cost of Education planned
Calculate the cost of future education (future value) with the assumption that the inflation rate per year (usually 20% per year for education) So that we know to prepare a mature level of costs necessary to accommodate future.

3) Start Saving with Set aside funds
Set aside funds in accordance with your plan in the amount required under point 2 above, so that funds will be ready in time and meet the entire cost of education dispose of the liver.


4) Determine ways / means to invest.
Choose a way or means that you do not understand in places not known for good and put the risk is going to happen so easily that is comfortable for you and customize to your risk profile. 

 
5) Perform periodic monitoring of selecting products.
This step should be taken to ensure that education funds are cool target is reached. By conducting regular evaluations will be known whether your plan is in conformity the target plan or not, so it can be done immediately change action plan for improvement. By planning for education expenses from now, surely no more constraints on the cost of our children's education.