I have a newborn - want to be able to pay for her till uni. How much must I save every month?
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You can take a look at this article and use the tables to help you plan your finances (the figures in the tables for cost of the universities are outdated so you will need to put in the updated figures when calculating): http://www.moneysense.gov.sg/Financial-Planning/Guides-and-Articles/It-Pays-To-Plan-Ahead-For-Your-Children-Education.aspx The article also provides a brief description of different financial products you can consider. Hope this helps! :)
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You can consider getting those saving investment plans! Some of them have the years bonding. So you can calculate the number of years. by the time the plan is matured. The money can be used for her university fees
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