Investing in Your Child’s Future

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. Investing in Your Child's Future 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. Investing in Your Child's Future 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. 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.

Most parents dream of giving their children the best possibleeducation. However an education - primary, secondary andtertiary - costs money. Parents of a child born in 2006 canpay approximately $250K for a child's lifetime education accordingto the latest research from the Australian Scholarships Group. Andcosts are constantly on the rise.Investing in Your Child's Future is aimed at parents andfuture parents, grandparents and other family members, and coverschildren's education from pre-school to tertiary studies. It isdesigned to show readers how they can secure and contribute totheir children's future and can benefit from a higher education atthe institution of their choice, without sacrificing theirlifestyle or financial security, and regardless of their income.Investing in Your Child's Future shows readers how they canfinance all, or some, of their children's education by planningahead, implementing simple strategies and saving money as early andas regularly as possible.When your children are young, it's easy to delay funding theireducation as it is not an immediate expense. However, education isa major expense, regardless of whether you choose a private orpublic education, and the sooner you start saving, the more moneyyou will accumulate, and the sooner you can stop worrying aboutyour child's future.

Acknowledgements viiForeword ixPreface xi1 Education -- never more important than today 12 Thinking through the choices 193 Capital punishment ... a closer look at the costs 434 Scholarships, bursaries and other low-cost options 635 Freeing up money for education spending 776 A personal project -- investing directly 977 A class act -- investing indirectly 1278 Help is available! 1499 Off to school and into the red 16310 Beyond the school gate 17911 Surviving uni 19312 A final word 219Appendix A -- Useful resources 221Appendix B -- Summary of saving and investment options225Notes 231Index 237