Wednesday, May 26, 2010

Tuition time

It's June once again, and parents here in the Philippines are scratching their heads figuring out where to get the money for their kids' tuition and other school needs.

My son just got admitted at a well-known school here (yey!). The downside of this is the very high tuition fee.

Since we'll have to expect this spending every year, I've made a plan for next years' tuition: Divide up the amount of tuition into 12, then put that money away every month in a separate account. That way, we'll have enough money (or close to it) before enrollment time comes up again next year. It will save us the worry (and the need for anti wrinkle face cream) when we get to that time of the year.

1 comment:

Udjin said...
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A part time ophthalmologist, part time micro business owner, part time graduate student and FULL TIME MOM struggling to find balance in the confusing world of multitasking :)