Tuition loan vs CPF
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I'll be financially all the way to uni too. Already planned for overseas uni education, regardless of outcome of A level results. Not touching CPF. No need to repay too. Just give me monthly pocket money as token after finding a job.
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MrsKiasu:
To share, my sis called me and told me that she is going to tell her son that she borrows money from me for his fee. And I replied, ok go ahead
My sis told his son the same thing too! Her purpose was to hope that her son cherish the chance of further studies n not think that money comes easy.
MrsKiasu, was yr sis meant the same as my sis? -
jetsetter:
I'll be financially all the way to uni too. Already planned for overseas uni education, regardless of outcome of A level results. Not touching CPF. No need to repay too. Just give me monthly pocket money as token after finding a job.
You r all planned n set, happy for u :imcool: -
julongmum:
Something like that and also that nephew is clouded by loveMrsKiasu:
To share, my sis called me and told me that she is going to tell her son that she borrows money from me for his fee. And I replied, ok go ahead
My sis told his son the same thing too! Her purpose was to hope that her son cherish the chance of further studies n not think that money comes easy.
MrsKiasu, was yr sis meant the same as my sis?
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If everything is ok…we will finance the kids up to Uni. Most likely not overseas le so should be ok.
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jetsetter:
I'll be financially all the way to uni too. Already planned for overseas uni education, regardless of outcome of A level results. Not touching CPF. No need to repay too. Just give me monthly pocket money as token after finding a job.
Good for you leh!
I told my kids that I can only finance one of them to university. If the elder gets to utilize the money, the 2nd would have to earn a scholarship. Otherwise, it will be enrollment into the University of life. And the 3rd can only go either on a scholarship or after the elder one makes the repayment.
No pressure. For my pre-primary kiddies.
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floppy:
Wah...Stressful for your #2!jetsetter:
I'll be financially all the way to uni too. Already planned for overseas uni education, regardless of outcome of A level results. Not touching CPF. No need to repay too. Just give me monthly pocket money as token after finding a job.
Good for you leh!
I told my kids that I can only finance one of them to university. If the elder gets to utilize the money, the 2nd would have to earn a scholarship. Otherwise, it will be enrollment into the University of life. And the 3rd can only go either on a scholarship or after the elder one makes the repayment.
No pressure. For my pre-primary kiddies.
Didn't know u hv a #3!
My dream is to become an overseas study mama...hope my kid doesn't mind my presence!
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jetsetter:
Number 3 still inside my wife's womb. Never too early to start
Wah...Stressful for your #2!
Didn't know u hv a #3!
My dream is to become an overseas study mama...hope my kid doesn't mind my presence!
But that's the chant I've been reciting to them :evil:
My wife's dream job is also to become an overseas study mama. It's probably not that difficult to land that job, we could always pack the kid to Universiti Malaya (or one of the lesser known ones)
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Have not really thought about the loan part.
If taking a loan from bank, the repayment plan is already agreed upon at the start of the loan or at the completion of the course?
If CPF, must we return whatever due within certain year? The borrower is still yourself? -
We told our kids we can finance local university fees. Anything over that, they will have to find their own ways. In terms of comparing with others - every family has their own considerations. It’s like pocket money issues - not every family can give the same amount.
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