Saturday, May 19, 2007
Education Planning
Without doubt, a good education is one of the best gifts that can be provided.
But, without the benefit of existing wealth it is essential for proper planning
to be carried out as early as possible, to ensure that costs can be met.
The cost of providing a university education has spiralled over recent years.
In the last five years alone costs have virtually doubled, rising to almost
£20,000 per student. When accommodation, food, travel and general living
expenses are taken into account the cost of education could well be in excess
of £25,000. These expenses are currently increasing at a faster pace than the
rate of inflation.
What can be done?
Take early action
Many types of investment are available which are suitable to address education
planning; staged payments can be made available to cover annual fees. Both
regular as well as single lump sum investments may be made. There are also
options to invest “ad hoc†amounts, as and when available.
BGFS Associates can provide skilled advice regarding education planning.
If you would like to discuss your requirements Contact
us