The cost of education

Courtesy of Old Mutual

The cost of education has increased dramatically over the past two decades. This
requires a significant change in the way parents think and plan for their
children’s education. Here are some interesting facts about the cost of education
that will help you enlighten parents as to the task ahead.

 
 
Visit http://www.smartmax.co.za to check out the Education Calculator

What does it do?

Allows parents to quickly determine how much they can expect to pay for a child’s education
over a given time period.

How does it work?

The user follows simple prompts on the calculator (e.g. the number of years required to
complete a child’s education) and the tool will calculate how much they should expect to
pay.

How can it help?

Provides a good idea of what a child’s entire education will cost. Since the final amount can
sometimes seem quite daunting, it is your role as a financial adviser to reassure parents
that, with a bit of planning, they can certainly make a big difference to their child’s future,
and with fewer sacrifices than they may expect.