Mr. Xu is the head of the sales department of an IT company, the traditional “post-70s”, at 15,000. Basically, the monthly expenses of 5,000 are used, which are mostly used for various investments in sons. Mr. Xu has set up a baby “fund” at home, and when the child needs to use it, he will pay for it from there.
Since the baby, Mr. Xu's work status has become even more crazy. He used to be an executive and began to change his sales route. Fortunately, Mr. Xu quickly adapted to the sales position and eventually became the head of the sales department. It also grew from the previous 5000 to the current 15,000, which does not include the year-end big red envelope.
[Financial Goals]: Children spend 1/3 of their expenses and want to save an education fund for their children.
[Financial advice]: Education and financial management early.
Mrs. Xu is also a middle-level manager in a foreign company. Every time she is stable and has a good year-end return, she counts tens of thousands of monthly income. The main investment directions of Mr. Xu and his wife are funds and insurance.
Financial planners said that the cost of raising children's education is getting higher and higher. If you don't manage your finances, just deposit the funds and take the 1.8% annual savings after tax, and it is estimated that it will not catch up with the price increase. Therefore, education and financial management must be started early.
At present, many financial products are specially launched for children's education, with an annual income of around 3%. The product design generally takes into account the needs of customers to accumulate education funds, and designs comprehensive financial management plans such as education savings, education insurance, and funds according to different risks and income preferences of customers.
In addition, with the fund management company, it will conduct regular analysis of the field variable income and risk of the portfolio products, and provide customers with trading advice.
financial advice: it is best to buy children before the education insurance
Insurance experts pointed out that there are three main types of education gold insurance on the field: First, pure education insurance, mainly provides education costs during junior high, high school and university Second, the education gold insurance for a certain stage, usually for a certain stage of junior high school, high school or university, mainly in the form of additional insurance; third, not only can provide education costs for junior high schools, high schools and universities, but also provide Future survival insurance.
It is recommended that parents choose higher education insurance to do their best. If the family's annual savings exceeds 200,000, consider using a portion of the savings for higher education.
In addition, some of the more popular universal insurance and investment-linked insurance are also possible as educational savings. However, the income of such insurance is uncertain (especially investment-linked insurance); at the same time, the terms of these two types of insurance are more complicated than the general insurance types, and there are often some deductions such as initial costs and security costs. Parents should understand it. Only buy.
In addition, insurers said that many education insurances on the field now carry other security functions, such as security or health protection, but there are not many claims. These are best used as reference indicators.
Moreover, it is best to buy education insurance only before the child 25, because as the child grows, the content and focus of the protection needs to change. After the child 25, you can choose to buy adult insurance, so the protection will be higher.
At the same time, parents should also pay attention to the premium exemption function in the insurance product clause when purchasing children's education insurance.
Premium exemption means that if the policyholder of the policy fails to die or loses the premium due to serious disability, the insurance company will waive the premium to be paid later, and the policy will continue to be valid, and the child will still receive the same payment as the normal payment. Insurance premium. That is to say, if you purchase an insurance product that can be exempted from premiums, once the parents have an accident, the child will not only be exempted from premiums, but also get a living allowance, so that the protection is more user-friendly.