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education-costEducation costs particularly in the case of elite private schools, can consume a very large proportion of household disposable income.

High school fees at private schools will set families back upwards of $30,000 a year, and that is before the costs of school uniforms, equipment, building fund levies and extra curricular activities are taken into account.

There are a number of ways to save for education costs, and different options will suit different investors including Mortgage Offset accounts .

To find the right balance between your daily costs, mortgage payments and your children's higher education email us at loans@financeandmortgage.com.au.

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