Financial Planning For Your Child’s Education

There is no substitute for a good education – family environment aside, it’s possibly the main ingredient for a successful and happy life. As such, whoever you are and wherever you reside in the world, your children’s schooling should be considered a priority when thinking about your future finances.

For expats, education brings a very distinct set of challenges – language, upheaval, choice of institution. But, despite all this, educating children privately brings with it enormous opportunity, allowing young people to enjoy the experience of another culture, another language and a rich panoply of experiences unavailable to peers schooled in their country of origin.

As a parent, grandparent or relative, you will have to address the question of whether you wish children to attend a local or international school.

This is why it’s best to start an investment plan for your child’s education fees early. Expats will have numerous decisions to make when it becomes time to send children to school, college and, eventually, university, so it pays to have your child’s education fee planning strategy ready and set up well in advance.

By talking to Singapore Expat Advisory, we can help you with financial planning and preparing for your child’s education fees, wherever you are in the world. Our regional advisers are on hand to speak your language – whether you want to set up regular savings, need effective tax planning advice or simply want to discuss your future financial options, we can help.