CHILD EDUCATION PLANNING

CHILD EDUCATION PLANNING from INTEGRATED FINANCIAL SERVICES

By: INTEGRATED FINANCIAL SERVICES   11-27-2011
Keywords: Financial, Education, finance

CHILD EDUCATION PLANNING - Designing a disciplined investment plan to ensure that your child’s future is built on the foundation of a quality education.

Planning for your children’s education is probably one of the most important goals you will have as a parent. Additionally, the cost of quality private schooling along with a university education is an expensive prospect, likely ranking just below your house in terms of big-investment items you’ll purchase during your lifetime. That’s why it’s so important to plan for your children’s education expenses just as you would plan for your retirement or a home.

In a society where academic qualifications are seen as a premium asset, it is no wonder that education tops the list of the priorities of many parents today. And it is no secret that every parent hopes to see his or her child receive a good university education, be it in South Africa or overseas.

With the rising costs of private schooling and university education worldwide, largely due to privatisation and increasing costs of operations, the burden of financing such an academic pursuit is getting heavier. Under such circumstances it is doubly important that you have a carefully-mapped out savings and investment strategy to ensure that you have the resources available to meet the needs of the kind of education you wish to provide for your children.

At Integrated Financial Services, we understand the importance of higher education and the need to be able to provide the kind of quality education that your children deserve, to ensure their success in life. With this understanding, we take great care and due diligence in helping you design an education plan that will fulfil the costly requirements of funding a quality education throughout your children’s educational years.

Developing such an education funding plan requires a solid understanding of the options available, the tax considerations of those options, the inherent investment risks involved, the time requirement to meet such funding obligations and then creating a solid investment plan to suit each investors unique financial situation. While, all the time, carefully managing the plan to ensure that it stays on course to meeting the required goals.

Keywords: Child Education Funding, Education, Education Planning, finance, Financial, Financial Planning, Investment Planning, Savings,

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