Focus Taiwan
Date: 2017/09/11
By: Tsai Yi-chu and CNA intern Chang Yu-hsi
Taipei, Sept. 11 (CNA) Nearly 80 percent of Taiwanese parents regularly save money
CNA file photo
in an education fund for their children, and they put slightly more of their household income into the fund than parents across the Asia-Pacific region, according to a Mastercard survey.
The results of the survey on spending tendencies in education, released on Monday, found that 79 percent of Taiwanese parents save money regularly for their children’s education, higher than 71 percent in China and 73 percent in Hong Kong.
In terms of how much they save for education, Taiwanese parents put aside 17.27 percent of their household income each month in an education fund, based on Directorate-General of Budget, Accounting and Statistics (DGBAS) data.
That surpassed the average of 15 percent in the Asia-Pacific region, the Mastercard survey found. [FULL STORY]
