Wednesday, March 30, 2011

Financial planning for children

Funny how at this point in time, we still do not have any form of education/investment linked insurance plan for the girls. I say funny because we don't have nothing prepared at the moment for them in case they need of money or funds for education.

People have said "don't bother, save on your own - these schemes are scam". But some are saying the opposite - in that having such savings will benefit the family in the long term as they are specially designed financial plans.

I don't know. If you ask me, I am most confused. Let us stick to what we know first, which is a straight forward and simple Medicare plan. Anything else will just have to wait for now.

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