1, the preparation of children's education funds should follow the principle of "lenient and early preparation". In particular, the cost of higher education is high in stages, and it will be difficult to cope with the income at that time without prior preparation. So be prepared in advance.
2. Plan according to the education level and school nature that children need in the future. For example, the cost of bachelor's degree, master's degree and doctor's degree is different, and the cost of studying in private schools and public schools is also very different. The cost of studying in universities in China is not the same as that of studying abroad.
3. The rising rate of higher education expenses is usually higher than the inflation rate. Therefore, the increase rate of tuition fees should be calculated with the inflation rate, and the return rate of the reserve education fund should be higher than the increase rate of tuition fees.
Planning steps of children's education fund:
1. First, list the education level that children expect.
2. Estimate the cost according to the current tuition level.
3. Estimate the growth rate of tuition fees from now until children receive higher education, and estimate the total amount of education funds needed at that time.
4, according to the length of time to prepare education funds, set the return on investment.
5. Calculate whether the existing investment is enough to pay the expenses at that time. If not, calculate how much savings and investment you need every month.
Planning tools of children's education fund:
1, education savings deposit. You can get preferential interest rate and interest tax exemption, but at present the product can only be limited to less than 20 thousand yuan.
2. Regular fixed investment funds. After a few years, I will gradually get it back to pay for my study.
3. Children's education annuity. Pay tuition with insurance.
4. National student loans. The loan pays the tuition fee first, then amortizes it in years, and the interest rate is favorable.
Children's education fund is the object with the least flexibility in time and amount. Only by planning in advance can children's studies not be interrupted because of lack of financial resources. In addition, the education fund should be included in the insurance demand, so that children's educational opportunities will not be lost because of the interruption of the preparation source of the education fund.
For children's tomorrow, let's plan ahead and accumulate children's education funds in a planned way!
Several things you must know about saving children's education fund.
● How much is enough?
It depends on the child's qualifications.
The proportion of people admitted to key schools without tutors may be higher than those with tutors. Kenichi Ohmae, a Japanese trend expert, once said: "The money invested in children is often inversely proportional to their qualifications." So how much should the children's education fund be prepared? It depends on the child's qualifications.
According to experience, from kindergarten to university, plus the talent fees and tuition fees required for each stage, it is roughly estimated that at least 450,000 yuan will be enough; If the talent fee and tuition fee are low from childhood, the education fee will be halved, but at least 200,000 yuan will be enough. If parents want to train their children to go abroad to study, they should increase their educational reserve by at least 250,000 yuan.
● Before saving education funds
Parents should first plan their own risks.
Parents are the umbrella for underage children. This umbrella should be stable so that children's basic life and school opportunities will not be affected. Therefore, before helping children save education funds, we must first look at the basic life insurance and medical insurance of both husband and wife.
As far as life insurance is concerned, the life insurance amount of the head of the family is best to be 10 times the annual family income. In addition, couples should also purchase the most basic medical insurance at one time, including hospitalization insurance, out-of-pocket medical insurance and cancer insurance. The total family insurance premium, including all basic insurance premiums for couples and children (excluding savings insurance), should be controlled within 20% of the annual family income.
● According to household income and expenditure.
Provide moderate educational resources
In the process of saving funds for children's education, parents are most likely to ignore their pensions and leave only the money for their children to study, while they lead a miserable life after retirement. Modern people can no longer count on "raising children to prevent old age" Although it is parents' duty to let their children receive a good education, don't forget that children should rely on themselves for the rest of their lives, not children.
Therefore, parents should start sorting out the family balance sheet and monthly income and expenditure statement, look at the annual mortgage deduction, living expenses, insurance premiums, and the pension preparation of both husband and wife, and then provide educational resources that meet the budget according to the family balance.
● Set up a special education fund account.
I didn't go out, and it didn't work.
Jenny Tseng, a famous artist, said, "Even if I knew that a house would go up by 10% tomorrow, I would never use my daughter's education fund to invest." Many parents use their children's education funds because of the temporary major expenses of their families and even because they think they can make a stable profit. This is a wrong idea.
By the way, there is a hot post on Tianya that the wife used her daughter's education fund without authorization, which eventually led to divorce. It is highly recommended to have a look.
In order to avoid misappropriation of children's education funds, parents had better open another account, so that this special account can be used for special purposes. For example, a friend of mine opened two accounts in the child's name, one is a bank depositor and the other is a securities account, which specializes in saving high-interest blue-chip stocks for children.