Kids' Education Fund: Save for School & College in Bangladesh

Bangladesh's English-medium school fees rose 11–14% per year over the last decade. A child born today might face ৳12–18 lakh in K–12 fees and ৳20–40 lakh for university (BUET vs NSU vs abroad). Starting an education fund at birth turns an impossible mountain into a manageable monthly habit.

What does education really cost?

K–12 (Bangladesh, English medium)

• Pre-school (2 yrs): ৳1.2 lakh total
• Primary (5 yrs): ৳5 lakh
• Secondary (5 yrs): ৳7 lakh
• Higher Secondary (2 yrs, A-Levels): ৳3.5 lakh

University

• BUET / DU / RU: ৳1.5–3 lakh total
• NSU / BRAC / IUB: ৳15–22 lakh
• Bangladesh Medical: ৳25–35 lakh (private)
• Abroad (Malaysia / India / Turkey): ৳25–60 lakh
• Abroad (US / UK / Canada / Australia): ৳1–2 crore

How much should you save monthly?

For a target of ৳25 lakh in 18 years, at 8% annual return:

• Save ৳5,200/month for 18 years
• Or ৳7,800/month for 15 years
• Or ৳13,500/month for 10 years

Lesson: starting early is everything. Saving ৳5,200/month at child's birth is far easier than ৳13,500/month at age 8.

Best investment vehicles

• DPS (Education Savings) — most banks offer 18-year child DPS schemes, 7–8% return.
• Sanchayapatra (in child's name from age 6) — 11% safe return.
• Mutual funds (diversified) — 10–12% long-term historical.
• Education-linked insurance — Convenient but usually 5–6% effective return; not ideal.
• Mix: 50% DPS + 30% Sanchayapatra + 20% mutual fund.

Track in Moneybag

1. Create wallets per investment instrument: DPS-Education, NSC-Education, MF-Education.
2. Set a master goal in Profile → Budgets summing to your target.
3. Auto-deposit on 5th every month from main account.
4. Yearly review: rebalance if any wallet grows disproportionately.