Yes, we're on the right path :-)
Me and my wife got life insurance from cocolife and hopefully an education insurance for our kid in the future.
Thank you for this post ma'am. Financial literacy is really important. I'll see if if I can read that book.
Congrats for that @rye05!...
I am also hoping we can start saving for their education soon. Right now what we have is only the life and CI cover. We are starting them on steem please check out @divinekids. I will start posting anything related to them through that account.
I wouldn't bother saving for a college education. Colleges will all but die within this generation.
Everyone has a college degree, so a college degree is worthless.
College doesn't teach any job useful skills, so a college degree is worthless.
It used to be that a college degree would more than pay for itself. Now college leaves people in more debt that they will never pay off, and can't discharge.
Everything you want to learn in college is now on UTube. So, if you just want the knowledge, have at it. For free.
The SJWs have taken over colleges. So, if you are a cis-white-male, you have to keep your head down. Don't talk to anyone. Avoid women completemente! If you do not you risk being thrown out of college.
So, unless your child wants to be an engineer or a scientist, college just isn't worth it anymore.
You have a point there, that is also why we also decided to pull our eldest out of regular school and start homeschooling instead. There are lots of practical knowledge not being learned in school. However if we'd like our child to become medical doctor for example, then we cannot teach them that in homeschool right.
Regarding people who end up burdened in debt, then that may be because of poor financial planning in addition to a lot of ther unforeseeable life circumstances
wow galing tlga ni mommy, bata pa lang inoopen na sa mga opportunities, good job, will do that to my daughter once na lumaki na sya ng konti hehe, followed them na
hehe... seizing the opportunities... anyways I am posting a lot which features them. nawala individuality ko. LOL. kaya dun ko ipopost sa @divinekids ang about sa kanila.
Ps: The book will be worth your time. It is really interesting how the investment basics could date way, way back and still be applicable in our present time.