YOUR FINANCIAL JOURNEY
Funding Your Children's Education.
FUNDING YOUR CHILDREN’S EDUCATION
We’d like to start planning for our children’s education, how do we start saving for this?
If you’re considering private schooling for your child, it’s important to have a plan in place to ensure this can be adequately funded. At Locumsgroup, we can help you gain clarity around the following questions:
- Can we actually afford private schooling for our children?
- How can we maximise our options today to help fund future education expenses?
- What is the long-term impact on our personal financial position at retirement for example if we pay for private education now?
- Are you able to confirm if private education is the right option for us financially?
After a meeting with our team, you will have clarity around:
- A financial projection which helps them understand the cost of private education, along with a cash flow exercise which helps them understand affordability.
- Determine savings needed in future years and investment options which will be most suitable for this type of funding.
- Clarity around potential financial trade-offs in terms of their own financial position, and what this could mean to them later in life.
- We have created a values-based framework to ensure the right decision is made for their family.
