Be Realistic About Child Education

I don't want to get into the reasons why the proliferation of International & Private Schools have come about, I want to talk about how parents can be more realistic in affording them.

Although there are so many different types of schools offering specific curriculum, extra curricular activities, and overall school culture, parents need to have their feet on the ground. Making sure that the choice is a realistic one for you to adjust your lives around.

Here I want to give a variety of key indicators that might help you better choose and afford these schools.

Choose A Curriculum That Creates The Best All Round Person Life isn't about becoming a student and markets wants people who can contribute with a useful skill. Although A-Levels might be better known, International Baccalaureate create better all-round people as they force students to learn languages.

This holistic perspective of studies will help create a more refined future for your child so that they can have a better idea of what the future might hold for them.

Look At The Range Of Extra Curricular Activities Within these smaller group and societies is where most kids truly find their passion. From acting, sports, singing, or maybe even design, these more focused groups can add real direction to a child's life.

Besides the more functional purpose, being in a group of like-minded children will be an avenue to make more lasting friendships and relationships.

Select The Most Important Period With the fees and costs being quite high, it might not be that affordable to send your child straightaway into preschool. Maybe look at the important years where the pre-university exams are done to get the best value for your money.

Go To Education Fairs

Many of these schools already have a website and social media presence that can give you all the information you need, but nothing beats talking to a representative in person who can give you a human perspective about the particular schools.

Also they might have special offers to help afford the school as well as some leaflets and talks to give you extra information.

Start An Education Fund

After you have decided on a specific school and period to send your child, you can prepare for it by creating an investment fund to slowly create much needed wealth to afford the education.

Especially if you have 14 years to prepare, compound interest alongside consistent growth and contributions can seriously add additional wealth for your child's education.

If you and your partner contribute RM1,000 each every month for 14 years at a 8% annual growth, you would have over RM627,000.

Compound Interest Calculator