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Five questions to ask when planning your children's education

From the type of education to how you'll fund it, there are five main things to consider when planning your children's education.

Education planning questions

  1. 1 What type of education are you planning?

    University degree or vocational training? Postgraduate study?

  2. 2 How much are you going to contribute?

    Will you pay for your children's living expenses as well as their tuition fees?

  3. 3 Where to send your children to study?

    Home or abroad? If abroad, which country?

  4. 4 When do you need the money?

    In how many years will your children need to access their education funds?

  5. 5 How to fund the education?

    Lump sum or a regular saving plan? Single assets or a diversified investment portfolio?

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Although the above information is carefully written, the Bank does not warrant, state or guarantee the accuracy or completeness of the above information. The above information is not and should not be regarded as an offer or purchase invitation for any financial product, nor should it be viewed as an investment proposal.