Three strategies to fund children's education costs

It was reported over the weekend that private school fees have increased by 3.6% over the past year. However, the longer-term trend is closer to 5% p.a. Private school fees are tipped to soon exceed $40,000! That is a big hit to after-tax cash flow. This blog compares three financial strategies you can use to fund future school fees. What is the future cost? There are two things to keep in mind with respect to future education costs. Firstly, the average rate of fee increases is close to 5% p...