child education fund
Also called: tabungan sekolah
Money set aside specifically for a child's school costs, from primary through higher education.
What it means
A child education fund is money set aside specifically for school costs, from daily needs through further education. This fund is usually built up gradually and kept separate from other household expenses. In Indonesia, education costs can rise from year to year, so planning early helps families be better prepared.
Why it matters for families
Without a dedicated fund, school costs are often taken from money meant for other needs. As a result, families may suddenly go into debt when the new school year starts. Setting aside an education fund regularly means decisions about your child's schooling are no longer driven by panic.
Example
For example, a family sets aside Rp500 thousand per month from when the child is small, assuming school costs rise gradually. After a few years, that fund helps cover the entrance fee without disrupting the monthly budget. This figure is only an illustration, not an official benchmark.
Common misunderstanding
People often think an education fund only needs to be prepared when a child starts school. In fact, saving earlier gives you more time and a lighter monthly burden.