Have you ever thought of acquiring an educational policy? It’s interesting to learn that many graduates pursued a completely different profession from those they wished to due to lack of school fees.
Many of them were forced to follow career paths they had no passion for, some had to embrace fate, and others were still stuck in the past. In Kenya, the government has to choose courses and universities for government-sponsored students. A few lucky ones get a chance to secure the courses they wish to pursue.
Joseph Omae, an author and an investment expert, has advised parents to buy an education policy to ensure their children get a better education.
He also narrated the struggles he went through to acquire education, the experiences he said no child should be subjected to despite where they come from.
“Looking back into the early days of my youth, I always wanted to be a virologist. I was so passionate about it that I unsuccessfully attempted to re-enroll for Kenya Certificate of Secondary Education (KSCE) to get a “stronger A” and merit for The Kenya Universities and Colleges Central Placement Service (KUCCPS) placement after I missed a few points,” Omae narrated.
The scholar, currently pursuing a Master of Science in Investment Analysis at the University of Stirling in the UK, added that wrong paths in career choices are why many countries have demotivated workforces. It said it is the main reason people struggle with mental health issues.
Omae has also insisted that until people learn that financial planning is all it takes to avoid such problems, many students will continue suffering the same fate.
He insisted that parents, guardians and sponsors should embrace the idea of buying education policies as an investment or insurance product. The investment expert said this would help have a happier and more fulfilled generation to take off.
“It simply assures your children that they can be anything they want, with or without your presence. If you don’t decide now, someone else will dictate what they have to be for the rest of their lives,” he noted.
An education policy is an investment or insurance product in which one makes a regular contribution to an account with the primary objective of using the money to offset future education expenses for your child.
With the savings, the beneficiaries can choose a course they want without worrying about school fees. Suppose the students don’t make it to high school, college, polytechnics or university. In that case, one can terminate the plan, and the cash can be returned or invested differently.
