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How can you make education costs more affordable?
A recent report* estimates the cost of raising 2 children from birth to when they leave is $812,000. Education is a large part of these expenses, particularly for higher income families who may send their children to private school. Aside from school fees, there are regular expenses such as uniforms, equipment, and excursions that can affect your budget significantly, and with tertiary education these costs might be around for more than 15 years!
What you need to know
Putting in place a regular savings or investment plan as soon as possible is the key to making sure you can afford to give your children the education they want. There are a range of options available including:
Getting started
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A Count adviser can help you:
*"The cost of raising children in Australia", AMP. NATSEM May 2013.