We all want our children to have good prospects, which is why Child Education Insurance planning is a vital wealth management matter that shouldn’t be overlooked. There really are very few things that are more important than making sure that they have a bright and happy future ahead of them. Organising your financial planning to take education fees into account is even more crucial if you’re an expat or international worker– in many countries, funding your children’s education will be entirely your own responsibility.
A Good Education Is Worth Much More Than Money
As an international worker abroad, it may well be that you yourself received a good education and attended university. Whether this is the case or not, you will understand that the value of a good education far outweighs the costs involved.
A quality education will open many doors for your children, offering important benefits such as:
If you have children, education fee planning is an important part of your wealth management strategy and not something to be left to chance.
Investment Tip: Start putting aside a small slice of your increasing income today to provide for your child’s University fees while they are in Kindergarten. Saving only $502 per month for 15 years will give you a college fund of $40,000 per annum for those first 4 years of study.
Helping You To Create An Education Fee Fund
At Nexus, we understand that as a parent, trying to give your children the best in life is only natural. We also understand that finding the money to fulfill this is not easy.
Our qualified consultants are well experienced in offering advice and guidance on building a fund for private schooling and university and are used to working with expats across the world with differing circumstances.
For more information about education fees planning, simply fill in your details in the Enquiry Form to receive free financial advice.