Of course that parents worry about their nestlings’ future, and it makes perfect sense to include education into those considerations, but there are some steps you can take early on that can greatly impact your little one’s schooling and ensure a fulfilled personal and professional life.
Higher education – higher savings
While it’s practically impossible to tell which school your child will attend, especially when it comes to academic education, starting early with a solid savings plan can help you create a sizeable trust-fund should they attend college. Every part of the world has different taxing systems in place, so it would be wise to be thoroughly informed when applying for an account.
For instance, one of the most advantageous options is the 529 Savings Plan that has numerous tax perks, anyone can make a contribution, and there are no limitations as far as the use is concerned. If you want your kids to have the option to obtain an academic degree, and you want to aim for a prestigious college, then saving up as early as their first birthday makes perfect sense. And even if the plan falls through for whatever reason, the money is still there to be used well!
Do your research as early as possible
Your child’s education starts from their kindergarten and primary school, and there are some parents who would prefer one system over another. Then again, certain schools in the US and the UK are notorious for their limited number of spots and the waiting lists can be quite a pain, so it’s advisable for the mom and dad to explore their options and apply early to their top picks.
Certain educational centres specialize in specific areas, use unique teaching methods and have a high rate of applications, hence the need to prep early and decide which school will help your child develop.
Create a healthy learning environment
Allowing your little ones to experience learning as a natural state of mind from the earliest days, through fun, games, and a stimulating environment, you will have a greater chance of discovering your child’s potential and interests, and allow for them to develop in the right direction. It’s essential to encourage your kids to spend time outside and enjoy the beauty of uninstructed play.
Kids that show interest in broadening their knowledge and skills are usually those that have been encouraged to explore and evolve throughout their early childhood. This will not only prepare them for school, but also help them embrace various forms of learning and skill-acquisition.
Prepare for setbacks in advance
Each child has unique strengths, but also certain difficulties in mastering some subjects, which by no means indicates that your child will not be able to handle the workload of a school, especially with the help of professional tutoring and extra effort with you by their side. Still, a few years of research and preparation in advance couldn’t hurt.
Some kids and parents in Australia and other countries for instance find it helpful to get a head-start on the subjects that seem to be problematic, through obtaining WACE notes from older high-school students, and contacting them for advice on the best strategies to prep for tests. This can give you a peace of mind that your child is ready for the upcoming challenges and help you think of the best ways to prepare for those tests that will then enable them a high-quality academic education.
Stay in the loop
Finding out what benefits your company offers for moms and dads with a new family member can start even during pregnancy. Some companies offer unique savings options to aid you in collecting enough money for your child’s wellbeing and education, while others offer tuition assistance for certain colleges, so you might want to consider learning about these options while considering which college would be best for your child.
Your city and country as well might have certain useful tools and government branches such as the Department of Education, whom you can consult in case you’re interested in their guidance for choosing the right school, and staying informed on potential benefits, financial aid options, and other crucial information.