When my first child was born in 2014, I started to save by setting up a PTPTN account for him two months after his birth. This account not only gives us a generous annual income, but also offers free takaful insurance and tax assessment relief, making it a smart way to save for my son’s future. I strongly recommend all parents to consider opening a PTPTN account due to its numerous benefits and the security of government-guaranteed education funding.

In 2017, I began saving for my fifth child who was 7 years old. During that time, SSPN program was introduced at a school, and I decided to deduct RM100 from my account to contribute to the fund monthly. I believe it is a beneficial decision, as education expenses are high. Thus, by making a minimum monthly deduction won’t cause any financial burden.

In Terengganu, the state government offers a program where parents with children can receive Rm100 to save in the SSPN-i account. The first child was eligible in 2015, and the state government provides the application letter for SSPN-i. The great thing about SSPN-i is that there is no time limit for saving and we are not burdened to pay every day/month. I urge all Malaysians to support this initiative by PTPTN to save for our children’s future and reduce their financial burden.