As we approach the halfway mark of the year, we wanted to take this opportunity to discuss the importance of planning for your children’s education and why now is the perfect time to start.

As we’re sure you would agree, education is one of the most valuable investments you can make for your children’s future. It not only provides them with the knowledge and skills necessary to succeed in life, but it also opens up numerous opportunities and career paths.

However, the cost of education is on the rise, and it is becoming increasingly challenging for families to afford it. That’s why it’s essential to start planning for your children’s education as soon as possible. By doing so, you can take advantage of several benefits that come with early planning.

Starting early allows you to spread the cost of education over a more extended period. By making small and regular contributions towards a savings plan or investment vehicle, you can build up a substantial amount of money over time, making the cost of education more manageable. It also gives you more flexibility and options when it comes to choosing the right school or college for your children. You can take the time to research different schools, compare costs, and find the best fit for your child’s needs and interests.

Finally, getting a head start allows you to take advantage of tax-efficient savings plans specifically designed for education. These plans can help you save money on taxes while still building up a significant amount of money for your child’s future education expenses.

At deVere Group, we offer a range of education savings plans and investment vehicles designed to help you achieve your education funding goals. Our team of financial advisors can help you create a tailored plan that suits your needs and budget, taking into account factors such as inflation, investment risk, and your child’s future education goals.

If you would like to discuss your options further or have any questions, please do not hesitate to contact one of our financial advisors.

If you would like to discuss your options further or have any questions, please do not hesitate to contact one of our financial advisors.