The cost of education is high, learn to save for your child’s future

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The cost of education is high, learn to save for your child’s future

1 December 2015 10:40 AM

The recent #FeesMustFall protests have put education and its escalating costs in the spotlight. Although the protests have managed to achieve the 0% increase on fees, it is not a guarantee that fees will not increase in the near future.

Finance journalist Maya Fischer-French says that when starting a savings plan for your child, you need to be realistic about what your goals are.

Often people say I don’t have money to save but you can save thousands of rands by doing certain things differently.
— Maya Fischer-French, Finance Journalist

Just start with the basics; just R300 a month and forget about it. One day you will open up the (bank) statement and be surprised.
— Maya Fischer-French, Finance Journalist

Listen to the full conversation on The Redi Thlabi Show:

Written by: Lengwadishang Ramphele

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