Details

Investing in Your Child's Future


Investing in Your Child's Future

Financial Planning for Your Child's Education
1. Aufl.

von: Nicola Field

17,99 €

Verlag: Wiley
Format: EPUB
Veröffentl.: 24.01.2012
ISBN/EAN: 9781118319598
Sprache: englisch
Anzahl Seiten: 256

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Beschreibungen

Most parents dream of giving their children the best possible education. However an education – primary, secondary and tertiary – costs money. Parents of a child born in 2006 can pay approximately $250K for a child's lifetime education according to the latest research from the Australian Scholarships Group. And costs are constantly on the rise. <p><i>Investing in Your Child's Future</i> is aimed at parents and future parents, grandparents and other family members, and covers children's education from pre-school to tertiary studies. It is designed to show readers how they can secure and contribute to their children's future and can benefit from a higher education at the institution of their choice, without sacrificing their lifestyle or financial security, and regardless of their income. <i>Investing in Your Child's Future</i> shows readers how they can finance all, or some, of their children's education by planning ahead, implementing simple strategies and saving money as early and as regularly as possible.</p> <p>When your children are young, it's easy to delay funding their education as it is not an immediate expense. However, education is a major expense, regardless of whether you choose a private or public education, and the sooner you start saving, the more money you will accumulate, and the sooner you can stop worrying about your child's future.</p>
Acknowledgements vii <p>Foreword ix</p> <p>Preface xi</p> <p>1 Education — never more important than today 1</p> <p>2 Thinking through the choices 19</p> <p>3 Capital punishment … a closer look at the costs 43</p> <p>4 Scholarships, bursaries and other low-cost options 63</p> <p>5 Freeing up money for education spending 77</p> <p>6 A personal project — investing directly 97</p> <p>7 A class act — investing indirectly 127</p> <p>8 Help is available! 149</p> <p>9 Off to school and into the red 163</p> <p>10 Beyond the school gate 179</p> <p>11 Surviving uni 193</p> <p>12 A final word 219</p> <p>Appendix A — Useful resources 221</p> <p>Appendix B — Summary of saving and investment options 225</p> <p>Notes 231</p> <p>Index 237</p>
A journalist for more than eight years, and a former chartered accountant, <strong>Nicola Field</strong> is a regular contributor to a number of successful magazines, including <em>Money Magazine</em> and <em>Real Living</em>. Nicola Field is the author of <em>Baby or Bust: Financial Planning for New Parents and parents-to-be</em>, described by Paul Clitheroe as providing "a wealth of useful information to help new mums and dads chart a smooth financial course for parenthood."<br />Nicola lives and works from home in the Upper Hunter Valley of New South Wales with her partner, four children and a growing assortment of horses.

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