tips14

Savings:
> Issued by Banks
> Interest rates are not too large, so do not expect the amount of funds at the end of the period will be far greater than totoal funds you deposited each month.
> It could help prepare the short-term education funding and long term sesuati your needs.
> You can change the volume setorannya at any time based on your wishes.
> Suitable for parents who have not set aside a permanent fund every month.
> Deposited every month or debited from your account.

Insurance:
> Issued by insurance companies.
> The insurance coverage you get at the end of the period will be higher than the total accumulation of funds that you deposited.
> According to prepare educational fund for small children (most ideal starting at age 1 year).
> Insurance is usually made to prepare education funds should not long and consists of one package (for example, a package of education from kindergarten / elementary school to university).
> Number of deposit or premium is not changed according to the initial agreement mungkn listed on the insurance policy.
> Suitable for parents who have high commitment and discipline to continuously depositing money with a nominal fixed within a certain period.
> As well as for parents who have the expenses vary each month, by taking the auto-debit payment option premiums from savings. So like it or not, remember not remember, your savings will be automatically debit to repay your insurance premiums. Some Bank has been cooperating with insurance companies, such as AXA MANDIRI, or CIGNA COMMERCIAL BANK Aliance.

6. Ideal Budget Allocation. Designing a child's education danak actually not too difficult. Simply set aside in part of your income and your spouse each month so that the target savings or insurance to pay a lot can be achieved without sacrificing other needs. Ideally is to set aside 20% of your income per month both for savings. Details: 5% for family financial cash flow (senadainya seriously ill child, etc.); 10% for long-term savings (fund education or home renovation, etc.); 5% to invest (if you want it).

7. Looking for Other Forms of Investment. If you want a form of investment that can give great results (high interest), so you can quickly reach the par that you need to meet the cost of education your child, you should know very well the risks. Products that provide high interest, usually also have a greater risk (high risk, high return). You could try investing a mutual fund that has the lowest risk when compared with other investment types.