How to Save for School and University Education Fees.

Give your child the finest gift you can!


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Education is the most powerful weapon which you can use to change the world. Nelson Mandela

YES, YOU CAN GIVE YOUR CHILD THE FINEST GIFT A YOU CAN - A GOOD EDUCATION!

Your child can be a doctor, an engineer or a brain surgeon!
All you have to do is start saving as soon as possible, so you can afford the education fees!

Public primary school could cost R 50,000 a year. Private high school could cost R180,000 a year.
And this does not include books, stationary, transport or extra murals!
And extra costs like school uniforms and normal extra mural activities can cost as much as R 30 000 per year!
Just imagine what they will be in ten years time!

Best you start saving for university fees now!

education feesSaving for Education Fees


A matric in itself is no longer a guarantee of a good position. Some form of tertiary education or training has become a must to make your child competitive in todays challenging job market.
40% of university students a dropout in their first year because of financial difficulties. 78% of the University graduates have a greater chance of finding a good job!
In addition, a well-educated child has a better chance of finding a good job, becoming financially independent sooner and perhaps even assisting you during your retirement years should the need arise!

Education is our passport to the future, for tomorrow belongs to the people who prepare for it to day. Malcom X


If you start saving today, your savings could end up covering most of your school fee needs, when you need to pay them in the future. You then have the freedom to invest any extra money towards your other personal goals, like retirement money!
Those who start saving later on, will significantly reduce their ability to invest in their own retirement, as any extra cash will go directly towards school fees.
This is known as the saving spiral which parents can get trapped into and find almost impossible to escape.


Business insuranceWith your child's education costs covered, you'll have the freedom to invest any extra money towards your own retirement!

The sooner you start saving, the more your benefit from compound growth. The longer you invest the more you earn.
Even if you start with only a small amount, the key is to start investing as early as possible!
That's the magic of compound growth!

YOUR successful retirement investment begins with your child's education fund!


There are many education saving products available.
If you have less than 5-years to go, before you need the money, then consider only a bank savings product.
Your term is too short for an investment type product.

If you have a longer time to save, then look no further than a unit trust!

  • The costs are low and easy to see!
  • You have many funds to choose from to meet your personal risk needs!
  • You can work with your investment over time, to meet changes in your life or in the market!
  • You can withdraw all or part of the money whenever you need to!
  • You can stop premiums with no penalties!
  • Premiums from R 500 per month.


You can also save using an Endowment.

  • The longer you stay invested and the more you invest, the less you will pay in charges.
  • You can skip up to one year's worth of premiums if you cannot afford to continue paying for a while.
  • You can track your investment progress by automatically calculating whether you need to increase your premium to reach your goal.
  • You decide how to pay premiums - a lump sum and scheduled payments, or with the disciplined savings benefits of a monthly debit order.
  • You can protect your child's investment from your death and/or disability. You know that your child's education fund will continue to grow.
  • You have access to over 200 leading investment funds.
  • You can invest from as little as R300 a month.
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The message is clear - unless you start providing for your child's future well in advance, a quality education could become unaffordable.
If you save what you can afford now, you would at least be able to pay a portion of those future education costs!

Business insurance

An education plan is an ideal investment from grandparents!

Your child's success is in your hands.
The financial decision you make today will make all the difference to your child's future, so give your child a competitive advantage by starting your investment today.
And the only way you can ensure that your child reaches his/her full potential is to save on a regular basis.
And the earlier your start, the easier it is.


Simply call me and we can work out an affordable plan for you.

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peter pyburn brokerpeter pyburnPeter Pyburn - Authorised Financial Services Provider, fully licensed to render financial services since 1991. Death and Disability Planning; Retirement Planning; Investment Planning; Healthcare and Estate Planning. More...

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Last update: May 19, 2022