ID :
177172
Fri, 04/22/2011 - 06:22
Auther :
Shortlink :
https://oananews.org//node/177172
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NATIONAL ASTRONAUT ADVISES PARENTS TO INVEST FOR CHILDREN'S EDUCATION
IPOH (Perak, Malaysia), April 22 (Bernama) -- National astronaut Dr Sheikh Muszaphar Shukor Sheikh Mustapha Thursday advised parents to make early investments for their children's education.
Failing which, he said, it could create problems for their children when they wanted to pursue higher studies later on.
"Making investments for the children as early as when they are six months old is crucial because of the increasing cost of education," he said at the Inspirational Icon programme held in conjunction with the 2011 Saham Amanah Malaysia Week organised by Permodalan Nasional Bhd (PNB) here Thursday.
He said parents should save or invest at least 10 per cent of their income every month for their children's education.
In KUALA LUMPUR, the Federation of Malaysian Consumers Association
(Fomca)president, N.Marimuthu, said the Amanah Saham 1Malaysia scheme provided an opportunity for the low income earners to invest.
"This scheme is the best government's initiative to help the low income earners to compete in the country's development.
"It also educate them on the importance of saving for the future," he said when contacted Thursday.
He hoped the Indian community would seize the opportunity by participating in the scheme as the government had set a 15 per cent quota for them.
Meanwhile, secretary-general of the Muslims Consumers Association of Malaysia (PPIM) Dr Maamor Osman said the scheme could encourage the people to save.
"We want the people to save at least 30 per cent of their income and this is the best scheme because it is a long-term investment and low risk," he added.
Failing which, he said, it could create problems for their children when they wanted to pursue higher studies later on.
"Making investments for the children as early as when they are six months old is crucial because of the increasing cost of education," he said at the Inspirational Icon programme held in conjunction with the 2011 Saham Amanah Malaysia Week organised by Permodalan Nasional Bhd (PNB) here Thursday.
He said parents should save or invest at least 10 per cent of their income every month for their children's education.
In KUALA LUMPUR, the Federation of Malaysian Consumers Association
(Fomca)president, N.Marimuthu, said the Amanah Saham 1Malaysia scheme provided an opportunity for the low income earners to invest.
"This scheme is the best government's initiative to help the low income earners to compete in the country's development.
"It also educate them on the importance of saving for the future," he said when contacted Thursday.
He hoped the Indian community would seize the opportunity by participating in the scheme as the government had set a 15 per cent quota for them.
Meanwhile, secretary-general of the Muslims Consumers Association of Malaysia (PPIM) Dr Maamor Osman said the scheme could encourage the people to save.
"We want the people to save at least 30 per cent of their income and this is the best scheme because it is a long-term investment and low risk," he added.
