A large number of friends around the senior are promoted to Bao Ma Bao Da, and their financial management method is very steady, that is, buying education funds for their children.

What about the education grant? Is it worth buying? Next, Senior Sister will lead you to learn more about the education fund.

Anxious friend Senior Xue has put a short version of the article here:

Is it necessary to buy education insurance? How to choose the right product?

1. What is the education fund? Is it the same as the annuity insurance?

Education fund is also called education insurance and education fund insurance, which can also be called children's education insurance. Children's education insurance is directly insurance based on the principle of raising education funds for children.

Education fund is a kind of annuity insurance, and market factors can't affect the stability of interest rate, so it belongs to one of compulsory savings.

Education funds also reflect the effect of compulsory savings, and have a certain sense of security function. As long as there are idle funds, you can buy annuity insurance at present, so that you can prepare a sum of money for your child's future education in advance.

You can understand that the education fund actually belongs to the children's annuity insurance.

As a member of the annuity insurance, the most prominent feature of the education fund is that it can maximize the income without any risk.

However, education fund is no different from annuity insurance, but not all products are worthy of our attention.

Friends who want to avoid the pit advocate reading the following article:

"Learn this trick and stay away from the 99% pit of annuity insurance"

Do you still need to buy education funds for your children? Let me take my time.

Second, do I need to buy education funds for my children?

Most parents have strict requirements on their children's academic qualifications. More than 9% of the middle class want their children to have a bachelor's degree or above, of which 62% want their children to have a master's degree.

There is nothing wrong with the idea of wanting children to become talents now, but the education expenditure will increase with the increase of academic qualifications.

Have parents made a good reserve for education funds?

As long as parents already have such requirements for their children, the expenses for their children to receive higher education should also be reserved as soon as possible.

Although the method of depositing money in the bank is steady, the income is very low; If you sell your money to stocks or funds, there may be nothing left after one or two big drops.

Therefore, the education grant is really very important to us.

Education grant is almost risk-free, so there is no need to worry about "whether you have a meal or not", because education grant can provide a stable cash flow and provide sufficient protection for children's education expenditure.

Therefore, it is necessary for parents to buy education funds for their children.

So how do you buy the education grant? Please see the key explanation below.

Third, how to buy the education fund?

When choosing the education grant, we can start from these aspects.

1. Certainty

The so-called education grant is a fixed expenditure for a fixed time, and it is necessary to receive fixed education funds within an agreed period of time, so that children's education expenses can be normally spent.

Therefore, for a satisfactory education fund product, the rule is to pay for a child of appropriate age, and the amount of payment is guaranteed.

2. Selection of payment period

Friends should pay attention to the payment period when purchasing education.

People with fixed income can choose a longer period of time to pay fees, so as to reduce the family burden.

If people with high income are unstable, it is suggested to choose a shorter payment period, such as wholesale payment, which can better plan cash flow.

3. Selection of additional risks

Many education fund products contain additional risks, and almost all of these additional risks are health insurance, such as critical illness insurance and medical insurance.

At this time, Senior Sister suggested buying pure education fund products without additional risks.

The purpose of buying education funds is to earn income. Many products choose this method to cover up their low income, and fool us by attaching personal protection that has no practical effect. Everyone should be wary of these products.

If you pursue protection, you would rather buy those personal protection products for your children, because the protection of such products is actually wider.

Before purchasing the education grant, we must first deal with the protection of children.

In fact, the best way is to "guarantee first and then manage money". As a kind of financial insurance, education fund is very suitable for children who have already bought personal insurance.

Only by doing a good job of risk barrier can you manage your money safely.

On the other hand, there are many kinds of financial insurance, not only including education funds. Interested friends can go here to check the details:

"Top 1 Most Worth Buying Financial Products in 223!

Written at the end

I am a schoolmaster who talks about insurance and focuses on objective, professional and neutral insurance evaluation;

If the above content has not solved your problem, you can also come to WeChat official account Xueba and ask me about insurance.

I will give you the most professional advice based on years of experience in configuring insurance for 1W+ families.

WeChat official account: Xueba said that insurance costs less, so buy the right insurance!