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.
Certified Financial Planner professional Matt Hern is quoted in this article published in The Examiner newspaper, February 18th, 2010. Download and read the full article here.
Being a parent is one of the greatest gifts I have received in my life. But over the past two years I have also noticed the increase in our spending, and we have not yet even hit school or the teenage years. I know from working on education plans for my advice clients how much … Continue reading Calculating the costs of your children’s education