How To Save For Your Children's Education

1 - WHY SAVE FOR YOUR CHILDREN'S EDUCATION

"Education is the most powerful weapon which you can use to change the world"

- Nelson Mandela -

As a hard-working parent, you naturally want to ensure you have a savings plan for education for your children. However, education costs have soared over the past few decades and unfortunately show no sign of slowing down and the realities of today’s economic climate make it difficult to save, particularly when it comes to future education needs. But by starting to save early, you can ensure that your children are able to get the education they need.

2 - WHEN SHOULD YOU START SAVING FOR YOUR CHILDREN'S EDUCATION

Taking the above costs into consideration, one should consider education planning as soon as your child is born. But, if you haven’t yet, start today - it is never too late.

3 - HOW CAN YOU PREPARE FOR YOUR CHILDREN'S EDUCATION

4 - DON'T MAKE EXCUSES

Here are a few ways to save every month:

• 1 less cup of coffee per week = R100/month

• 1 less take-away per month = R80/month

• 1 less packet of cigarettes per week = R130/month