Most parents consider a degree scroll to be a necessity and an essential tool for their generation to achieve a decent income and financial security. The promised future, ironically, poses threats to parents’ financial status and jeopardises their finances as well.
At least 93% of Malaysian parents would fund their children’s tertiary education despite its high costs either by contributing to each child’s education savings, taking out an education loan or even withdrawing from their retirement fund to ensure their child receives a better education. The average working parent in Malaysia spent 55% of their income on their child’s tertiary education, making our country the fifth most expensive country to pursue higher education. The job market has never been more competitive. To stand out from the crowd, you must provide your children with additional skills and abilities.
FWD Invest First – Education Plan assist parents by magnifying their savings while protecting their finances, allowing them to invest more in their children’s future without incurring debt. Reach out to our Agents for more details.