Parent & Finance

"There is no friendship, no love, like that of the parent for the child." - Henry Ward Beecher

Parenting is an euphoric experience equaled by nothing else in this world. And if family counselors and our Government are to be believed, children are rather super human beings - they complete our marriages, unite the family and are treasures beyond a price. Right? Well, consider this.

The Straits Times reported in 2004 that it will cost a Singaporean about S$277,000 to bring up a child from zero to graduation from a local university... and tuition fee at that time was S$6,000 per annum.

Fast forward to 2008 and beyond. Assuming a conservative inflation rate of 3%, it will cost as much as $472,000 to bring up a child from 2008 conception to 2032 graduation from a local university.

Indeed, parenting is a huge and costly responsibility. As soon as Baby is born and named, he is yours to feed, clothe, teach, school, support, nurture and everything in between. No wonder Newsweek magazine labelled parenting as "The Toughest Job You'll Ever Love."

At Great Eastern, we recognise the challenges today's parents face as they juggle multiple roles. All at once they have to be responsible parents, devoted spouses, filial children to their own parents; and at their workplaces, diligent employees and caring superiors. Which is why our mantra of making life great for our customers really begins from the cradle.

Parenting is an everyday job and at Great Eastern, we are committed to providing you with information, web-based tools, and support networks relevant to your specific stage of parenting - from Baby's first steps, his toddler-hood through his schooldays. Saving for Baby's future, like raising him, takes time and the rewards are in the process as much as the results. So start now!

Spot Yourself
From infants to toddlers to schoolgoing age, their needs vary widely even though it is only a couple of years apart between the categories. The following categories will highlight how we cater to each group.

Parents with Infants
"Can't believe I actually survive my nightly 3-hour sleeps! With Baby, it's a new milestone every day."

Parents with Toddlers & Preschoolers
"Baby no more - daily I am bombarded with curious questions: why do I have to eat vegetables, why do I have to share, etc."

Parents with Schoolgoing Children
"Junior is in school!"

Click on the links for other webpages which may be of your interest: Woman Matters - Woman and Finance, Interesting Reads

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