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!
Provide a stimulating environment for your child with:
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.
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:
Ball games like soccer, basketball, netball
Speech & Drama
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:
- Time horizon
- Choice of university
- Choice of faculty
- Foreign currency
- 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)
Average Uni Expenses**
Average Living Expenses
15 years later...
Average Tuition Fee#
Average Living Expenses#
Speak to us to find out more
# 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.