Jakarta, CNBC Indonesia – Not long ago, tweet netizens on Most netizens complained about the platform's high service fees.

The Financial Services Authority (OJK) also commented by stating that Danacita, an Information Technology-Based Joint Funding Service Provider (LPBBTI), has obtained (legal) permission from the OJK on August 2 2021 and has the main business of providing education financing services. And they have also collaborated with ITB regarding this matter.

This loan is of course said to be a way out for students who have difficulty making UKT payments, and is only given as a way out for students who have difficulty making UKT payments.

Education costs continue to experience inflation from year to year. A lack of understanding about financial planning often makes it difficult for a family to pay these mandatory expenses.

It's no secret that funding or loans can certainly be a solution to this problem. But of course, there will be interest charges which of course must be paid.

For those of you who really want to pay for your child's education without having to go into debt in the future, then do the things below.

Look for the Latest Information Regarding Education Costs

Without knowing the total expenditure required for advanced education, it is difficult to determine how much funds should be allocated to savings or investment instruments.

It is recommended to seek information directly from the relevant university or consult with relatives to get a more accurate cost estimate.

Note that education costs tend to experience increases or inflation, so you need to consider the inflation assumptions that have been set in your calculations.

Set an Investment Time Plan

If your child is currently 10 years old, there is a good chance that in the next seven or eight years you will need to have sufficient funds to pay for his college education. Therefore, you have seven to eight years to save.

By knowing the investment or savings period, you can choose the appropriate investment instrument. The longer the investment period, the more flexible the choice of instruments. Meanwhile, on shorter time frames, it is recommended to choose instruments with lower risk.

Collaboration to Achieve Education Cost Goals

If your monthly salary is limited, remember that you are not alone in this situation. Invite your partner to collect funds for your child's education together.

Make a regular habit of saving and investing, allocate a certain amount of money into savings or investment instruments at least once a month.

The greater the amount of funds you allocate for your child's education, the faster the required funds will be collected. By working together, you can achieve your education cost goals more effectively.

[Gambas:Video CNBC]

(aak/aak)