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Plan early to give your child a head-start
It is important to start planning for your child's education early.
This will give you plenty of time to ensure that you will have sufficient funds by the time your child is ready to enrol in a university.
If you put aside a small sum of money each month in an endowment or investment plan from the time your child is born, your savings can grow to a significant amount through the effect of compounding.
How much do you need to set aside each month to accumulate sufficient savings for your child's education?
The later you start, the more you have to set aside.
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