Milestones Of Your Child

Milestones of your child

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Preschool: Building a strong foundation

0 - 6 years old

Let your child play!
It's important to give your child at least 2 hours of fun activities every week to build up positive emotions. Watching TV does not count!

Source: Dr Maureen Neihart, an Associate Professor and Head of Psychology at the National Institute of Education (NIE), Parent Seminar organised by the Ministry of Education. https://schoolbag.sg/story/what-two-words-do-asian-parents-say-most-to-their-children

Provide a stimulating environment for your child with:

Basic

Supplement

Infant Care

Playgroup

Child Care/Preschool

Children's Gym

Kindergarten

Enrichment Classes: Right-brain training/music/art/phonics/ballet (5 years onwards)/abacus (4 years onwards)


Here's an idea of how much you have to pay to nurture your child.

* To enjoy Basic Subsidy log on: www.childcarelink.gov.sg
1 Source: Statistics on Infant Care Services for Jan 2015, Early Childhood Development Agency
2 Source: Statistics on Child Care Services for Jan 2015, Early Childhood Development Agency https://childcarelink.gov.sg/ccls/uploads/Statistics_on_child_care(STENT).pdf
3 Source: PAP Community Foundation (PCF)


Primary School: Nurturing potential

7 - 12 years old


6 areas that you should help your child develop in:


Fulfil your child's potential with:

Enrichment Class

Physical Activities

Languages

Swimming

Science

Taekwondo

Maths

Ball games like soccer, basketball, netball

Speech & Drama

Sailing

Tuition

Dance




Junior College / Polytechnic: Forging a future

13 - 19 years old


Time to challenge your child.
Now is the best time to find out what you child loves, and cultivate their interest with the right classes or courses.

This is a crucial stage where stability and guidance will push your child's potential to greater heights.
You can start imparting discipline and a sense of responsibility through goal setting.

Courses that could enrich your child:




University: Turning dreams into reality

19 - 24 years old


Factors to consider for your child's university education:

  1. Time horizon
  2. Choice of university
  3. Choice of faculty
  4. Foreign currency
  5. Alternative funding
    (e.g. Scholarships/study grants/study loan/computer loan/CPF Education Scheme)

Here's an estimated projection.
Based on the cost of a university education in 2015 vs. 2030 (15 years later)

 

Singapore

Australia

UK

USA

Average Uni Expenses**

S$32,000

S$189,000

S$79,000

S$156,000

Average Living Expenses

-

S$96,000

S$80,000

S$75,000

Estimated Total

S$32,000

S$285,000

S$159,000

S$231,000

15 years later...

 

 

 

 

Average Tuition Fee#

S$49,000

S$405,000

S$338,332

S$266,000

Average Living Expenses#

-

S$145,000

S$118,000

S$107,000

Estimated Total

S$49,000

S$550,000

S$456,000

S$373,000

 

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** Source: SPH – The Sunday Times, 19 May 2013
# Education inflation (p.a.)
Singapore - 2.9% (Department of Statistics of Singapore, Year 2014)
Australia - 5.2% (Australia Bureau of Statistics, December Quarter 2013 to December Quarter 2014)
US - 3.6% (Bureau of Labour Statistics , unadjusted percentage change January 2015)
UK - 10.2% (Office of National Statistics (ONS) , year 2014)
Living inflation (p.a.)
Singapore - 2.5% (Monetary Authority of Singapore, Inflation Calculator, Year 2008 to Year 2013)
Australia - 2.8% (Reserve Bank of Australia , Year 2004 to year 2014)
US - 2.4% (US Inflation Calculator , Year 2004 to Year 2014)
Uk - 2.6% (Office for National Statistics, Year 2004 to Year 2014)

The projected figures are based on the following assumptions: 1. Living inflation rate and education inflation rate is constant, at the current level, throughout the projection period. 2. Exchange rate between countries (i.e. USD, GBP, AUD) remains at current level throughout the projection period.