GO LOCAL
As parents, you are well aware that deciding your child’s school involves various choices and costs. It is quite a task to run through every option available in Singapore. Budgetary constraints start from pre-school onwards. To play things safe, choose a government-associated institution. The public school system provides globally competitive education without putting a strain on your pocket.
LOCATION IS VITAL
Location plays an important role when choosing a tuition center. If you value tuition then, opt for the centers close to your home. Alternatively, you may organize a carpool program to cut down your transportationc costs.
Say that you intend to enroll your children in a private tuition. Consider asking for their package or discounted deals.
HONE THE HOBBIES
Academics is not everything! Raising a well-rounded child involves shaping his or her hobbies. You do not need to spend cash on workshops as there are many free amenities found in your town park. Go to the nearby park and let your child play on the swings.
Is your child interested in reading? Spend quality time at home by reading your child a storybook during bedtime. Furthermore, the National Library Board hosts free educational events such as the sold out program entitled: “Let’s Science Together! – Science Experiments for Parents and Kids”. For more information about their upcoming events, visit: nlb.gov.sg.
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Lastly, you may stroll in Esplanade to experience their free artistic events such as the “A Monsta Party”!
TREASURE IN THE BOX
Dig through your child’s closet and toy box to find some hidden treasures! Instead of throwing away your children’s outgrown clothes and used toys, you may sell them online or through a consigment store. Selling your stuff away will not only help you clear out, but also provide you extra cash.
INVEST ON BONDS
Investing your money on the stock market help you grow an education fund. One of the most popular investment options for education funding is bonds. Singapore Government Bonds is believed to be close to risk-free. Choose long-term bonds with periods ranging from 2 to 30 years in order to get higher returns.
A FAMILY AFFAIR
Birthdays are important to your children as gifts come along with it. In lined with this, you may try asking your relatives to provide experiential gifts. Experiential gifts refer to soccer classes, swimming lessons, or other enrichment programs that your child can benefit from.
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Not only are these gifts more memorable than toys, but it can also help you save for your child’s future education.