When should I start saving for my child?

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Savings can start even before the child is born. I started a savings account for my kids the moment i discovered my pregnancy. By putting aside $200 a month, its the fund which i will use for their future education purpose But if you are not as discipline (i am so not disciplined), certain banks have savings plan which have term of 5yrs or even 10years. By the end of the term, you will be able to withdraw that sum of money which you saved monthly for their college funds! I have got mine with DBS. www.dbs.com.sg So far its doing well and i may consider taking up another one!

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