Save up for education
My baby boy is now 1 year and a half. It’s still a few more years before he goes to school but this early, we have started to save up for it. It’s just a small amount every month but my husband and I would like to make it a point to add to our savings and include it in our monthly budget.
Some friends have offered the prospect of getting an educational plan but I am kind of wary because of some institutions here folding up and the people who got plans were not able to make a refund or even get just a portion of what they paid for. I’m scared in that aspect because we are going to risk our hard-earned money and I wouldn’t know what to do if that happens to me.
We might look for other ways where we can put our money so that it can earn a big interest but we will have to discuss that with bank officers just to be sure. For now, it is our goal to save money for our son’s education. No matter how small or big the amount is, the important thing is that we get it started as early as we can.
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