The arrival of a baby is one of the most
precious moments for a family. That little
bundle of joy completes the family
institution that every couple dreams of.
As a parent, it is natural to give their very
best for the child to enjoy a quality life and
secure their future. Besides, an intelligent
way is to make savings for children’s
education from an early age.
Therefore, four (4) steps are shared for
parents to plan their children’s education
savings from the age of 1 day:
First Step
Create an education savings account
It has become a tradition for visitors who
visit newborns to pamper them by giving
them money or gifts. Money received can
be deposited in an education savings account.
Among Malaysia's best education savings schemes is Simpan SSPN equipped with
various benefits.
Parents can deposit child allowance or
any donation received in ringgit money
directly into this education savings
account. In for a penny, in for a pound.
Second Step
Parents set educational savings goals
Educational savings are not limited to the need for studies alone, like hitting two birds with one stone. It is also helpful for children who tend towards sports or other interests. Every activity is also a form of education, and this is because every child has their uniqueness and ambitions. In this modern era, children can choose their career as long as it can guarantee their future. Therefore, parents need to support and encourage them with adequate savings.
Third Step
Relevant to having education savings
Thatch your roof before the rain begins.
The experience of going through the Movement Control Order (MCO) when the
Covid-19 virus attacked the world left a
deep impression in total and also it
proved that the logic is that a person has
savings, regardless of whether the
savings are in the form of education or
emergency savings, they are still valuable
for urgent situations like this.
Wise parents will spend the savings for
the survival of their children’s lives and
education for teaching and learning at
home (PdPR). An example is preparing
educational tools such as gadgets.
Education savings are beneficial not only
to buy essential household needs but
should be seen as an example of the
importance of the parents’ role in the
family’s financial planning.
Fourth Step
The role of parents in providing educational savings protection
As a parent, do you want to see your children suffer if bad things happen to you? Therefore, takaful is the most crucial instrument in educational savings protection. Its function prevents parents from facing significant losses if something unexpected happens, such as falling ill, permanent paralysis, or death to the parents or their dependents.
Therefore, Simpan SSPN education savings is the best choice because it has the benefit of takaful protection. Consequently, it is very appropriate for parents to save through a savings scheme like this to ensure that their children's lives are preserved and secured in case they face misfortune in the future.
Unfortunate events can strike at any time, so it is only fitting for parents to plan ahead, ensuring that their love for their children continues to linger even after they are no longer with us.
