How Much You Need to Save Up for 'Degree'?

iMoney.my writes about how much you or your parents need to save up to pay for your University Degree. Its a Malaysian version, so it is relevant to all malaysian students who wants to study locally or abroad. To summarize for you, iMoney.my states that, if you study in

A. Univesity Malaya(UM) RM 33k
B. Cambridge University(UK) RM 195k
C. University of Melbourne (AUS) RM 215k
D. Harvard University(US) RM 211k 



For the full article, you can read below or click here

How Much You Need To Save 
If You Ever Want To See Your Kids Graduate: 
Malaysian Edition

In an age where the common degree has become a prerequisite and not so much an advantage, ensuring that you have enough to see your children through a reputable university has inadvertently become one of the most important responsibilities you’ll face as a parent.

Unfortunately, knowing how much to save for your kids’ tertiary education is not an easy question to answer.  In fact, it is downright complex in view of the vast differences in costs from degree to degree, university to university, and country to country.  And even for those who do have a number in mind, there is still the question of when you should start saving, using which savings / investment vehicle.


If you have been wondering about your financial capabilities to finance your kids’ tertiary education, or you have been seeking a workable method to save a sizable study fund for your children; allow iMoney to shed some light on this matter with our latest infographic:

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2 comments:

  1. I think it is better to start saving soon after the child is born. Te costs are quite high.

    ReplyDelete
  2. I think it is better to start saving soon after the child is born. Te costs are quite high.

    ReplyDelete