Figures released by the Australian Scholarships Group suggest that the cost of educating your child could be up to $500,000 if you send them to the top private schools. Given that annual fees start around $10,000 per year from early primary school that total figure probably comes as no surprise. ASG have kindly provided very detailed summaries, which makes their information worth a look.
The banks will tell you how much you can borrow. But how much should you really borrow? This article describes how to estimate the ideal maximum amount you should borrow and the true maximum affordable repayment. Follow this process so you can avoid over-extending yourself and find a harmony between lifestyle now and your future lifestyle.
For those thoroughly planning for their retirement you may be interested in the latest statistics of the actual amount spent by current retirees. Previously I've written a more detailed article about retirement planning and this statistic - this article just advises you of the latest update. The Westpac ASFA Retirement Standard for the December 2010 … Continue reading Dec 2010 qtr retirement cost statistics