Save Money on Private Tuition | Budget Education for Singaporean Parents
Budgeting
by Priyadarshini 27 July 2023Private tuition is the most expensive aspect of raising a child for many Singaporeans. The tuition industry is currently worth over $1 billion, and becoming a private tutor is a recession-proof career move that has resulted in some super-tutors earning over $1 million per year. In this blog, read about ways to save money on private tuition in Singapore.
Save Money on Private Tuition
Online Classes
Given that the internet allows us to do almost anything remotely, it was only a matter of time before online tuition appeared. PSLEMath Learning Centre and MindLab are two centers that provide online tutoring. Meanwhile, many private tutors have begun offering classes via Skype or Google Hangouts, often at competitive rates because they won’t have to travel to the child’s home.
Bi-Monthly Tuition
If your child is having difficulty completing his assignments, consider scheduling tuition on a bi-monthly rather than weekly basis. Singaporean children have a lot of homework—15-year-old students spend an average of 9.4 hours per week on homework, trailing only Shanghai and Russia and far exceeding the global average of 5 hours. To make matters worse, their private tutors end up assigning them even more homework.
They do not benefit from private tuition if they are unable to complete their homework. However, if they sacrifice sleep and all of their free time to do all of this extra work, they will have little time to do their own revision or consolidate what they’ve learned. It’s a no-win situation.
Discuss with your child whether the tuition is beneficial
Despite the fact that 70% of Singaporean parents send their children to tuition. Don’t pay for tuition without knowing if it will benefit your child. Communicate with your child on a regular basis about whether tuition is beneficial to him so that you can determine whether he actually requires so many sessions per week and then keep only the classes that are required.
Group with other children to save money
There are numerous advantages to choosing home tutors over large classes at tuition centers, including the ability to change the timing and have the tutor tailor the pace of the class to your child. But, assuming you’re not hiring an undergrad or a poly student, private sessions are probably the most expensive option. One way to save money is to have your child share a class with another child his or her age, such as a classmate, cousin, or neighbour. While the tutor will most likely charge you more per session, you can pay less per child.
If you can find one, another option is to look for a home tutor in your area who teaches in small groups of no more than four students. These teachers typically make house calls or have the students come to them, and they can offer very competitive rates.
Insurance | Credit Cards | Loans | Banking |