Personal Finance

Personal finance: How to fund your child’s education in school and university

The cost of sending children to college could amount to €56,000 over four years, so it’s important to plan ahead

Many parents are opting to send their children to fee-paying schools and enrolments climbed to about 28,000 last year, the highest level on record. Picture: Steven Errico

Thousands of parents are already beginning to decide where to send their children to school next year, with potentially daunting associated costs.

From cradle to childcare to college, life changes when you have children – and so do your financial priorities.

That is why it is important to spend time on financial planning: how to best structure your savings and investments to cope with the increased demands on your income for today and tomorrow. With ...