School Fees Planning
School fee planning is a niche area of advice that we offer at Banner Jones Wealth Management, however it is incredibly sought after.
Those that send children to private school realise the significance of covering these costs in the most efficient way. They can become a huge burden without proper advice, if they are not properly planned and managed.
Here are the top three questions parents ask about private school fees:-
- Can we afford it? (Average school fees are now approx. £300,000*)
- Is there a more efficient way to pay?
- What impact will school fees have on our lifestyle?
Without definitively answering these questions school fees could seriously damage your wealth!
The Telegraph reported that 4 in 10 parents fear that they could run out of money before their children’s’ education is complete**