Choosing a school

Step 1. Select a private school that you know you can afford. 

Step 2. Work out not only the school fees but all those other annual costs – uniforms, books, school trips etc. etc.

Step 3. Open 2 bank accounts – one for fees and the other for education “extras”

Step 4. Send your child to a public school. After all we have established that with you as parents your child will be a success. 

Step 5. Allow the school fee bank account to build up so that at the end of your child’s schooling she has a nice little nest egg to establish herself.  Use the ‘extra’ account to do special things – the extras in state schools are nowhere near as great as in a private school so you can use some of these funds to go to all those little things that can enrich our lives.

Of course you can spend all that money on school fees and find that by the time they leave school there is simply not the money to assist them with a mortgage or to buy the car they need or to do that special course that is a pre-requisite for the very job that they have set their heart on. 

The decision you make is yours, the money you spend is yours but it is their future. Are you really convinced that you are making the best choice for their future?