Quote Originally Posted by jut703 View Post
I think education plans are pretty useless. What I do is invest my money in stocks and ETFs, and from that pool of investments, I’ll take out what I need for my future children’s college education.

If I’ll have a kid who’ll go to college 20 years from now, assuming Ateneo education will increase by 4% per year while I can invest in something that will earn me 6% per year (i.e. MP2), then I’ll need to invest 40k/yr for 20 years, or roughly 3.3k per month for every child I plan to send to Ateneo for college.

Another way to look at it is you’ll need to spend an additional 40k/month per kid that you bring into this world if you plan to make them study in the best schools from GS (AGS, XS, Poveda, ICA) until college (Ateneo, DLSU, etc)

Malaking tipid if your kid gets to go to PSHS and UP (or a full scholarship in DLSU/ADMU).
Thanks a lot Sir Jut!!!
Meron na naman ako natutunan [emoji3590]
Ang laking tulong po ng mga advice nyo as in!! ~super cool!! [emoji41]