Contact

News & Insights

Saving for Education – Now is the Time to Act

Plan ahead to ease the burden

Like most financial decisions, forward thinking is paramount to making it work. Quite simply, the sooner you consider and act on the issue of education fee planning, the lower your monthly costs will be – ultimately, this means less stress and, crucially, greater leeway and greater choice.

Long-term savings vehicles are almost always going to represent the best option for those engaged in education fee planning. This is because short-term vehicles are likely to prove too risky and may even prove harmful to your prospects of realising your long-term goals.

Fortunately, there are measures that can be taken with expat regular savings and in the majority of cases this is likely to involve the creation of an intelligently diversified investment portfolio. In many cases this may be able to provide reliable yields without too onerous a monthly financial commitment.

Remember, although education fees are expensive, they can be attainable. Rather than scrimping to meet the costs as you send your child off to school, plan for them; by taking the path of investment you can get capital markets to do the lion’s share of the work for you.

You may need some education for a strong regular savings plan

Just like you trust the teachers at a place of learning to impart the best knowledge to their pupils, so it follows that if you are undertaking a set of expat regular savings and investments then you may need a little expert help.

Blacktower has offices across Europe and beyond and we are able to offer intuitive advice based on your personal needs, investment goals and time horizon. To start on the road for education fee planning contact us today, to see how we can help you.

This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.

Other News

Discretionary Fund Management – The Choice of the Savvy Investor

Blackboard with business planning ideasDiscretionary fund management (DFM) is an increasingly important component of the expat financial advice offering.

There are many reasons for this; from the way it frees time for the adviser to focus on wealth management, to the flexible, bespoke and client-focused level of service offered by the DFM firm. It is all about providing solutions that work for the client, and by allowing a trusted, expert third-party to make decisions related to asset allocation and fund selection, clients can have increased confidence that they will achieve their financial goals.

Read More

Is joint-sovereignty on the cards for Gibraltar?

GibraltarThere have been new developments regarding Gibraltar in recent Brexit negotiations and they should give Gibraltarians hope that Spain will refrain from making any unnecessary demands to make things difficult for Britain.

Spain’s foreign minister, Alfonso Dastis, has confirmed that Spain will not “jeopardise” any Brexit agreement in a bid to reclaim the Rock. “I won’t make an agreement between the EU and the United Kingdom conditional on recovering sovereignty over Gibraltar,” Dastis said, speaking to the Spanish newspaper ABC.

Read More

Select your country

Please select your country of residence so we can provide you with the most relevant information: