Saving for your child’s education is one of the biggest investments you can make towards their future. Depending on their age and place of study, the level of contribution you will be expected to make can differ significantly, but the most important thing is to have a clear plan in place that covers the inevitable expenses that will arise in the short, medium and long-term.
Many parents think only in terms of saving for higher education, but you also need to factor in the early education costs as well. Think about the 3 key stages of a child’s education and the expenses involved at each stage.
Published: Gulf News- April 5, 2014