With the increasing demand for high-quality human capital in the market, receiving a good education has become an important condition for improving one's skills and adapting to market changes. Under the condition of market economy, the income of workers is directly proportional to their education level. Then, the following is the analysis of children's education and financial planning that I shared with you. Welcome to read and browse.

A good education is of great significance to individuals.

With the increasing demand for high-quality human capital in the market, receiving a good education has become an important condition for improving one's skills and adapting to market changes. Under the condition of market economy, the income of workers is directly proportional to their education level. Statistics show that the higher the education level, the higher the salary level and the faster the employment income growth. Education has the functions of social distribution and social stratification to a certain extent. Many people hope to gain political, economic, cultural and social benefits by receiving higher education, and change and improve their or their children's existing living conditions. The income expectation of higher education and the increase of education expenditure make education planning an important part of personal financial planning.

(2) Education funds are increasing year by year.

With people's higher and higher requirements for education, education expenses are also rising, which makes the proportion of education expenses in the total family expenditure more and more. In addition, a survey shows that 36% of parents in China are willing to send their children to study abroad. For every family, the cost of studying abroad is no small burden, unless it is at public expense. Usually we use? Education burden ratio? Measure the impact of education expenditure on family life: education burden ratio = children's education expenditure at that time/family after-tax income at that time? 100%

Example 3- 1 Customer Mr. Feng has a daughter who has just been admitted to a famous university in China. Before her daughter officially entered the school, Mr. Feng calculated her daughter's college education expenses for one year, mainly including: annual tuition12,000 yuan, accommodation 3,000 yuan, and daily expenses10,000 yuan, totaling/kloc-0,000 yuan. It is estimated that the annual after-tax income of Mr. and Mrs. Feng is 80,000 yuan. Then he said to Feng's family:

At that time, the education fee = tuition+accommodation+daily expenses.

=12000+3000+10000 = 25000 (yuan)

Education burden ratio = children's education expenses/family's after-tax income at that time? 100%

= 25 000/80 000? 100%=3 1.25%

It can be seen that the daughter's college expenses account for 3 1.25% of the family's after-tax income. Although it is affordable for Mr. Feng's family, it will obviously affect other financial arrangements of the family. In general, if the proportion of education burden is expected to be higher than 30%, preparations should be made as soon as possible. Besides, in use? Education burden ratio? We should pay attention to this indicator, because the growth rate of tuition fees may be higher than that of income, so the burden ratio estimated at the current level may be low.

(C) the characteristics of higher education grants

Compared with other plans, the children's education fund is the financial object with the least time elasticity and cost elasticity, so it is necessary to plan in advance so as not to make parents regret that their children are hindered by lack of financial resources.

From the perspective of time flexibility, the average child 18 years old goes to college, and parents should have prepared for at least one year of higher education. This is not the same as the purchase planning and retirement planning. For these two plans, if the financial situation does not allow, we can postpone the realization of financial goals, such as delaying the purchase of houses and delaying retirement, while the education plan has no such time flexibility at all.

From the perspective of cost elasticity, the cost of higher education is relatively fixed, and the burden is basically the same regardless of the income and assets of each family, unlike housing planning and retirement planning, which can appropriately lower the standard.

Judging from the preparation time of higher education grants, children are mostly around 18 years old when they go to college, while parents are usually around 43 years old, and there are about 15 years after retirement. The payment period of children's higher education fund and the preparation period of pension are highly overlapping. In order to balance these two needs, it is necessary to carry out early education planning.

Many parents begin to plan education funds for their children's growth soon after their children are born, but because they can't spend enough time to understand the investment products and control the changing trend of investment products in time, the planning process is single and the income is not high. Therefore, they need to listen to the advice of professional financial planners and make reasonable financial plans to ensure that they have the ability to pay their own and their children's education expenses reasonably in the future, so as to fully meet their educational expectations.

How much did the children spend?

Few people have calculated how much it costs to raise a child, but if you calculate it carefully, the cost of raising a child is not small. Let's simply calculate how much it costs to raise a child.

The cost of raising a child

Nutrition fee during pregnancy is 5000 yuan.

All kinds of inspection costs 3000 yuan.

The hospitalization production cost is 8000 yuan.

The monthly living expenses after birth (calculated from the monthly 500 yuan to 16 years old) is 96,000 yuan.

Kindergarten for three years, 60 thousand

Primary school sponsorship fee is 20 thousand

The cost of primary school for six years (including special education) is 90 thousand yuan.

Junior high school costs 45,000 yuan for three years.

The cost of three years in high school is 45 thousand.

The cost of a four-year university is 80,000 pounds.

Going abroad for two years costs 400 thousand

The above expenses total 852,000.

As shown above, this result does not calculate the price increase or tuition increase. Generally speaking, if the time value of money is taken into account, it will cost about 6.5438+0.5 million yuan to raise a child until he graduates with a master's degree in studying abroad. Of course, some people will have different views, but in view of China's parents' educational tradition, this estimate is conservative.

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